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, 2-bathroom apartment of 117 m² on the 5th floor, energy rating D. Located Loulé (São Clemente) parish, Loulé municipality, Faro district. This apartment features three spacious balconies that offer stunning sea views, providing an exceptional outdoor living experience in a tranquil square near the city center.
The valuation. The asking price of €350,000 sits above the fair value of €313,866 by €36,134 (11.5%). This property is overpriced in the current market context.
Fair value modelled at €313,866 from 6 comparable sales in the area. Asking €350,000 sits €36,134 (11.5%) above — overpriced versus fair value.
Asking €350,000 versus the Loulé (São Clemente), Loulé, Faro area baseline of €237,869 (€2,033/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €237,869, adjusted for condition and micro-location, gives a modelled fair value of €313,866 (€2,683/m²), a €36,134 (11.5%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Loulé (São Clemente) · 3d98a9 | Subject | €350,000 | €2,991 | — | 73 | 74 |
| rua Alberto Iria, 2 | Active | €421,000 | €2,567 | 14.2% | 70 | 65 |
| rua Emiliano da Costa, 9 | Active | €380,000 | €3,455 | 15.5% | 69 | 62 |
| rua Engenheiro Duarte Pacheco, 28 | Active | €350,000 | €2,917 | 2.5% | 70 | 71 |
| Loulé (São Clemente) · f46d17 | Active | €330,000 | €2,260 | 24.4% | 78 | 70 |
| Median comp | €365,000 | €2,742 | 8.3% | 70 | 68 |
Short-term vacation rental The property, priced at €350,000, is positioned above its fair value of €313,866, indicating it may not generate adequate returns as a short-term vacation rental. Given a gross yield of 4.9% and a strong tourist-driven demand in Algarve, potential returns may not justify the premium price. Buy-and-hold Investing in this 3-bed apartment at a listing price significantly above its fair value suggests that long-term appreciation may not be sufficient to compensate for the inflated entry cost. The property’s 76/100 condition and 74/100 neighborhood rating do offer some positives, but the current pricing does not reflect an attractive buy-and-hold opportunity. Family rental While the neighborhood offers a decent quality of life and safety, the property’s current listing price creates a challenging landscape for securing stable returns as a family rental. The 11.5% gap from fair value signals that potential landlords may find it difficult to achieve competitive market rents that offset this overpricing.
Potential Instability Risk With both economic and tenant stability scores at 70/100, there is a moderate risk of declining tenant demand or increasing vacancy rates due to 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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