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, 2-bathroom apartment of 120 m², energy rating C. Located Almancil parish, Loulé municipality, Faro district. Noteworthy Features: The apartment features a private garden, perfect for outdoor relaxation or family activities, enhancing the living experience in the tranquil setting of Victory Village. Investment Potential: Given its location and amenities, this property presents an excellent investment opportunity for rental income.**
The valuation. The asking price of €890,000 is €325,489 above the fair value of €564,511, indicating a significant overvaluation of 36.6%. This price point may deter potential buyers looking for equity upon purchase.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almancil · b7c161 | Subject | €890,000 | €7,417 | — | — | 62 |
| Almancil · 956805 | Active | €565,000 | €3,622 | 51.2% | 68 | 66 |
| Almancil · 938897 | Active | €790,000 | €6,320 | 14.8% | 80 | 72 |
| Almancil · 90d97d | Active | €340,000 | €2,906 | 60.8% | 68 | 62 |
| Almancil · 1e65eb | Active | €1,495,000 | €11,326 | 52.7% | 82 | 64 |
| Median comp | €677,500 | €4,971 | 33.0% | 74 | 65 |
Long-term rental Given the 1.9% gross yield, this property presents financial challenges for a long-term rental strategy; the gap from fair value at 36.6% indicates significant overpricing in a competitive rental market. Additionally, with a condition rating of 0/100 and a neighborhood score of 62/100, this property may struggle to attract reliable tenants, thus diminishing potential rental income. Short-term vacation rental While the Algarve location is desirable for short-term vacation rentals, the current listing price at €890,000 creates a substantial barrier to profitability, especially when the fair value is only €564,511. The 1.9% gross yield suggests that even in peak tourism seasons, the revenue may not justify the investment cost due to the property being overpriced. Buy-and-hold This property’s significant price premium presents an obstacle for a buy-and-hold strategy, as it is currently priced 36.6% above its fair value. The combination of a low condition score and low yield indicates that the expected long-term appreciation may not compensate for the high initial investment, further highlighting the concern of it being overpriced.
Economic Vulnerability A low economic stability score of 55/100 indicates potential challenges in local job market and growth, which may impact rental demand and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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