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.
4-bedroom, 5-bathroom house of 391 m², energy rating B. Located on avenida da Gondra, Almancil parish, Loulé municipality, Faro district. Noteworthy Features: The villa includes an independent dining room seamlessly connected to a fully equipped kitchen, and a versatile multifunctional room that can serve multiple purposes, enhancing its practicality and charm.
The valuation. The asking price of €2,950,000 is €545,587 (15.6%) below the fair value of €3,495,587, indicating that the property is subvalued in the current market context.
Fair value modelled at €3,495,587 from 6 comparable sales in the area. Asking €2,950,000 sits €545,587 (15.6%) below — the upside to fair value.
Asking €2,950,000 versus the avenida da Gondra area baseline of €3,356,821 (€8,585/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €3,356,821, adjusted for condition and micro-location, gives a modelled fair value of €3,495,587 (€8,940/m²), a €545,587 (15.6%) gap versus the €2,950,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida da Gondra | Subject | €2,950,000 | €7,545 | — | 78 | 71 |
| Almancil · 28b6b6 | Active | €2,495,000 | €7,048 | 6.6% | 85 | 70 |
| urbanização Quinta Formosa, 51 | Active | €3,650,000 | €10,863 | 44.0% | 75 | 74 |
| Almancil · be9589 | Active | €2,795,000 | €7,185 | 4.8% | 78 | 71 |
| Almancil · 8ee7b6 | Active | €2,500,000 | €11,468 | 52.0% | 80 | 71 |
| Median comp | €2,647,500 | €9,024 | 19.6% | 79 | 71 |
Short-term vacation rental The property is ideal for short-term vacation rentals due to its prime location in a tourist-centric area of Algarve, attracting seasonal visitors. With a fair value gap of 15.6%, it offers the potential for lucrative returns amidst the thriving tourism market. Buy-and-hold Given its proximity to beaches and local amenities, this property is well-positioned for long-term appreciation as the region continues to thrive due to tourism. The property’s current listing price suggests an attractive entry point for buy-and-hold investors, benefiting from a stable rental demand. Value-add renovation With a condition rating of 80/100, there is still room for improvement that could enhance property value and rental income. Investing in targeted renovations can unlock additional equity and increase appeal within the strong local rental market. Not ideal for student housing The property is not suited for student housing due to its location and the lack of amenities typically catering to this demographic. As the surrounding area focuses more on tourism, the demand for student accommodations is limited. Not ideal for luxury market While luxury homes have a niche market, this property’s characteristics and neighborhood ratings do not align with high-end luxury demand. Instead, its strengths lie in the vacation rental space rather than catering to affluent buyers. Not ideal for long-term rental Long-term rentals may not be the best fit given the seasonal nature of the local economy, influenced heavily by tourist influx. The property may yield better returns as a short-term rental rather than being locked into long-term leases that may struggle to attract tenants in off-peak seasons.
Economic Vulnerability The property may face challenges due to its economic stability score of 68, indicating a relatively higher risk of fluctuating market conditions.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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