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.
1-bedroom, 1-bathroom apartment of 57 m² on the 1st floor, energy rating D. Located on rua Ramalho Ortigão, 1, Loulé (São Clemente) parish, Loulé municipality, Faro district. This apartment features a newly renovated kitchen equipped with high-end appliances and stylish cabinetry, enhancing its modern appeal while providing functional cooking space.
The valuation. The asking price of €290,000 is significantly above the fair value of €241,815, resulting in a premium of €48,185 (19.9%). This property is clearly overpriced in the current market landscape.
Fair value modelled at €241,815 from 6 comparable sales in the area. Asking €290,000 sits €48,185 (19.9%) above — overpriced versus fair value.
Asking €290,000 versus the rua Ramalho Ortigão, 1 area baseline of €198,448 (€3,482/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €198,448, adjusted for condition and micro-location, gives a modelled fair value of €241,815 (€4,242/m²), a €48,185 (19.9%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Ramalho Ortigão, 1 | Subject | €290,000 | €5,088 | — | 88 | 63 |
| rua Doutor Francisco Sá Carneiro, 2 | Active | €229,000 | €4,580 | 10.0% | 76 | 64 |
| praceta Nascimento Fernandes, 3 | Active | €340,000 | €3,953 | 22.3% | 72 | 66 |
| Loulé (São Clemente) · 6d5275 | Active | €650,000 | €8,228 | 61.7% | 70 | 76 |
| rua Doutor Francisco Sá Carneiro, 8 | Active | €145,000 | €4,531 | 10.9% | 68 | 70 |
| Median comp | €284,500 | €4,556 | 10.5% | 71 | 68 |
Short-term vacation rental This 1-bed apartment in Loulé is currently listed at €290,000, which is 19.9% above its fair value of €241,815, indicating it is overpriced. With a gross yield of 4% and situated in a tourist-friendly area, the potential returns may not justify the current asking price. Long-term rental The long-term rental market may be less favorable due to the property’s pricing; at €290,000, it is 19.9% above the fair value, suggesting it is overpriced. Although the property’s condition is high at 85/100, the gap in price could limit rental demand and profitability. Buy-and-hold This buy-and-hold strategy faces challenges given the apartment's listing price of €290,000, which exceeds fair value by 19.9%, marking it as overpriced. While the real estate market in Algarve has strong fundamentals, the current valuation may hinder long-term capital appreciation. Not ideal for: This property is not suitable for student housing, industrial investment, or the luxury market due to its pricing being extensively above fair value and mixed neighborhood quality.
Economic Vulnerability With an economic stability score of 55/100, the property may face increased risks of downturns affecting rental income and property value.
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