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.
3-bedroom, 3-bathroom apartment of 316 m², built in 1989, energy rating D. Located Almancil parish, Loulé municipality, Faro district. This apartment features an elegant reconfiguration enhancing spaciousness and light, while maintaining the potential for restoration back to its original three-bedroom layout.
The valuation. The asking price of €1,200,000 is significantly below the fair value of €1,908,938, representing a discount of €708,938 (59.1%). This valuation suggests the property is underpriced in the current market. Buy-to-flip angle. The buy-to-flip strategy involves acquiring this apartment at the underpriced rate and renovating if necessary, followed by a resale in a high-demand market to leverage its appreciated value. Buy-to-let angle. With an estimated gross yield of 0%, potential rental income strategies include offering it as a short-term vacation rental in the touristic Algarve or targeting long-term family tenants, given the mixed neighborhood ratings and seasonal demand.
Fair value modelled at €1,908,938 from the area baseline, adjusted for condition and location. Asking €1,200,000 sits €708,938 (59.1%) below — the upside to fair value.
Asking €1,200,000 versus the Almancil, Loulé, Faro area baseline of €1,783,188 (€5,643/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 78 · Room dimensions 74). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 69/100 (Housing Market 70 · Amenities 72 · Economic 55 · Tenant Quality 68). Strong amenities and housing-market momentum support a premium to baseline.
Almancil, Loulé, Faro
Area baseline €1,783,188 + condition +€2,469 + location +€134,658 = modelled fair value of €1,908,938 (€6,041/m²), a €708,938 (59.1%) gap versus the €1,200,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almancil · 23f4b1 | Subject | €1,200,000 | €3,797 | — | 72 | 69 |
| Almancil · d7a44f | Active | €530,000 | €2,078 | 45.3% | 76 | 70 |
| rua do Centro Comunitario, 115 | Active | €415,000 | €2,767 | 27.1% | 68 | 63 |
| Almancil · dc15f4 | Active | €530,000 | €2,078 | 45.3% | 75 | 74 |
| Almancil · 8933f2 | Active | €530,000 | €2,078 | 45.3% | 75 | 72 |
| Median comp | €530,000 | €2,078 | 45.3% | 75 | 71 |
Long-term rental Given the considerable gap of 59.1% between the listing price and the fair value, this property represents a lucrative opportunity for long-term rental investment in a prime location within Algarve, where demand remains strong. Although the yield is currently at 0%, the long-term appreciation potential could compensate as the local housing market continues to be fueled by seasonal employment and tourism influx. Short-term vacation rental With the property being significantly undervalued at a fair value of €1,908,938, it presents an attractive prospect for short-term vacation rental in the bustling Algarve region. The favorable tourist influx and local amenities can further enhance rental income, albeit the property currently shows a 0% yield which might require additional investment before realizing returns. Family rental The spacious 3-bed apartment is well positioned for family rentals, supported by the strong economic drivers in Almancil that attract family-oriented tenants. While the property is currently overpriced for a straightforward investment return, its proximity to various amenities and desirable neighborhood ratings could appeal to long-term family residents as market conditions evolve.
Economic Vulnerability The economic stability score of 55 indicates a moderate risk due to potential fluctuations in local economic conditions that could affect property values and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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