This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
2-bedroom, 0-bathroom penthouse of 125 m². Located Almancil parish, Loulé municipality, Faro district. Noteworthy Feature: The penthouse boasts a private lift access, enhancing exclusivity and convenience, while the expansive rooftop terrace includes a Jacuzzi, perfect for enjoying panoramic views of the Atlantic Ocean.
The valuation. The asking price of €790,000 sits €12,800 (1.6%) above the fair value of €777,200, indicating the property is overpriced in the current market. This discrepancy suggests potential buyers should tread cautiously in negotiations.
Fair value modelled at €777,200 from the area baseline, adjusted for condition and location. Asking €790,000 sits €12,800 (1.6%) above — overpriced versus fair value.
Asking €790,000 versus the Almancil, Loulé, Faro area baseline of €705,375 (€5,643/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 (Condition 80 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 72/100 (Housing Market 70 · Amenities 80 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Almancil, Loulé, Faro
Area baseline €705,375 + condition +€14,648 + location +€61,677 = modelled fair value of €777,200 (€6,218/m²), a €12,800 (1.6%) gap versus the €790,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almancil · 938897 | Subject | €790,000 | €6,320 | — | 80 | 72 |
| Almancil · 26205d | Active | €1,200,000 | €7,843 | 24.1% | 78 | 71 |
| Almancil · 1e65eb | Active | €1,495,000 | €11,326 | 79.2% | 82 | 64 |
| avenida André Jordan S / N | Active | €890,000 | €7,417 | 17.4% | — | 74 |
| Almancil · 6d51f9 | Active | €530,000 | €2,087 | 67.0% | 75 | 71 |
| Median comp | €1,045,000 | €7,630 | 20.7% | 78 | 71 |
Short-term vacation rental This penthouse, priced at €790,000, is overpriced compared to its fair value of €777,200, with a modest yield of 3.4%. Given the strong influence of tourism in the local economy, the potential for short-term rental income appears limited due to the inflated purchase price. Long-term rental The current price of €790,000 positions this property as overpriced against the fair value, offering only a 3.4% gross yield. With tenant quality and neighborhood ratings showing moderate levels, the long-term rental viability is not compelling given the high initial investment. Buy-and-hold The €790,000 listing price makes this buy-and-hold investment overpriced when considering the fair value of €777,200. Although the location near the coast has potential for appreciation, the restrained yield of 3.4% suggests that the long-term gains may not sufficiently offset the high cost of entry.
Economic volatility risk The economic stability score of 65/100 indicates potential fluctuations in the market, which may affect tenant retention and rental income over time.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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