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, 2-bathroom apartment of 132 m², built in 2006. Located Almancil parish, Loulé municipality, Faro district. This apartment offers a spacious terrace that seamlessly integrates with the outdoor dining space, providing an ideal setting for entertaining and relaxation.
The valuation. The asking price of €1,495,000 is significantly above the fair value of €1,217,321, creating a discrepancy of €277,679 (22.8%). This price point indicates the property is overpriced relative to market conditions.
Fair value modelled at €1,217,321 from 6 comparable sales in the area. Asking €1,495,000 sits €277,679 (22.8%) above — overpriced versus fair value.
Asking €1,495,000 versus the Almancil, Loulé, Faro area baseline of €1,061,648 (€8,043/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 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 €1,061,648, adjusted for condition and micro-location, gives a modelled fair value of €1,217,321 (€9,222/m²), a €277,679 (22.8%) gap versus the €1,495,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almancil · 3a73a1 | Subject | €1,495,000 | €11,326 | — | 75 | 68 |
| avenida da Praia | Active | €1,599,000 | €11,028 | 2.6% | 82 | 65 |
| Almancil · 190926 | Active | €3,500,000 | €19,774 | 74.6% | 75 | 64 |
| Almancil · 653018 | Active | €1,295,000 | €11,991 | 5.9% | 80 | 72 |
| Almancil · 9388c8 | Active | €950,000 | €5,758 | 49.2% | 80 | 71 |
| Median comp | €1,447,000 | €11,510 | 1.6% | 80 | 68 |
Short-term vacation rental The property is priced significantly above its fair value, presenting challenges for profitability in the short-term rental market, especially given the 0% yield. With the neighborhood scoring only 68/100, potential guests may seek better value elsewhere during seasonal fluctuations. Buy-and-hold This investment's pricing is a concern, with a 22.8% gap from fair value, suggesting limited potential for capital appreciation over the long term. Additionally, the neighborhood's economic dynamics and amenities do not support strong tenant demand, further complicating a buy-and-hold strategy. Value-add renovation While renovations could enhance the property's appeal, the initial overvaluation at €1,495,000 creates a significant barrier to achieving a favorable return on investment. With the current condition rating of 81/100, the cost of improvements will need to be carefully evaluated against the market's lukewarm interest in the neighborhood. Not ideal for Given its pricing and neighborhood rating, this property is unsuitable for student housing, luxury market segments, or family rentals where value sensitivity is higher. The combination of high cost and subpar neighborhood ratings makes it challenging to attract these types of tenants.
Tenant turnover risk: With both economic and tenant stability scores at 65/100, there is a significant risk of higher-than-average turnover, which may lead to increased vacancy rates and associated costs.
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