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, 3-bathroom apartment of 177 m² on the 1st floor. Located Almancil parish, Loulé municipality, Faro district. Noteworthy Feature: The apartment boasts a private rooftop terrace with a jacuzzi and spectacular ocean views, ideal for entertaining and relaxing in the coastal sun.
The valuation. The asking price of €3,500,000 is significantly above fair value, with a discrepancy of €2,187,250 (166.6%). This property is rated as overpriced considering its fair value of €1,312,750.
Fair value modelled at €1,312,750 from 6 comparable sales in the area. Asking €3,500,000 sits €2,187,250 (166.6%) above — overpriced versus fair value.
Asking €3,500,000 versus the Almancil, Loulé, Faro area baseline of €1,422,967 (€8,039/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €1,422,967, adjusted for condition and micro-location, gives a modelled fair value of €1,312,750 (€7,417/m²), a €2,187,250 (166.6%) gap versus the €3,500,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almancil · 190926 | Subject | €3,500,000 | €19,774 | — | 75 | 64 |
| Almancil · 9388c8 | Active | €950,000 | €5,758 | 70.9% | 80 | 71 |
| avenida André Jordan S / N | Active | €890,000 | €7,417 | 62.5% | — | 74 |
| Almancil · 1e65eb | Active | €1,495,000 | €11,326 | 42.7% | 82 | 64 |
| Almancil · b7c161 | Active | €890,000 | €7,417 | 62.5% | — | 62 |
| Median comp | €920,000 | €7,417 | 62.5% | 81 | 68 |
Short-term vacation rental The property's listing price of €3,500,000 is significantly above its fair value of €1,312,750, indicating a gap of 166.6%. With a gross yield of 0%, investing in this property for short-term vacation rentals would not provide a financially sound return given the inflated price. Buy-and-hold Investing in this Almancil apartment at €3,500,000 is not advisable as it is overpriced compared to its fair value of €1,312,750, reflecting a 166.6% premium. The 0% gross yield further emphasizes that holding this property as a long-term investment would lack financial viability, especially in a market with tourism-driven volatility.
Economic Volatility The property faces a risk due to its low economic stability score of 50, which indicates potential fluctuations in income and demand.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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