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 141 m² on the 1st floor, built in 1999, energy rating C. Located Almancil parish, Loulé municipality, Faro district. This apartment includes a private balcony that offers views of the surrounding area, enhancing natural light and outdoor enjoyment.
The valuation. The asking price of €349,000 is advantageous at €39,019 (10.1%) below the fair value of €388,019, making this apartment an enticing option for potential buyers.
Fair value modelled at €388,019 from 6 comparable sales in the area. Asking €349,000 sits €39,019 (10.1%) below — the upside to fair value.
Asking €349,000 versus the Almancil, Loulé, Faro area baseline of €529,272 (€3,754/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 is below the parish average, reducing 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 €529,272, adjusted for condition and micro-location, gives a modelled fair value of €388,019 (€2,752/m²), a €39,019 (10.1%) gap versus the €349,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almancil · 38b666 | Subject | €349,000 | €2,475 | — | 75 | 71 |
| Almancil · f5ebbb | Active | €449,000 | €3,621 | 46.3% | 72 | 72 |
| Almancil · 96c4f9 | Active | €479,000 | €2,737 | 10.6% | 75 | 64 |
| avenida José dos Santos Farias | Active | €530,000 | €2,087 | 15.7% | 75 | 73 |
| Almancil · 90d97d | Active | €340,000 | €2,906 | 17.4% | 68 | 62 |
| Median comp | €464,000 | €2,822 | 14.0% | 74 | 68 |
Long-term rental Investing in this apartment for long-term rental purposes presents an appealing opportunity, considering its gap from the fair value at 10.1% and a strong yield of 5.4%. The property is well-suited for the area's demographic, which includes retirees and expatriates seeking stable housing in a low-crime, tourist-friendly environment. Short-term vacation rental The apartment's attractive positioning in a tourist-heavy area ensures robust seasonal demand, making it an excellent candidate for short-term vacation rentals. Given its condition score of 78/100 and the gap from fair value, this property can be leveraged to generate significant rental income during peak tourist seasons. Buy-and-hold Acquiring this property as a buy-and-hold investment is advisable due to its subvaluation of 10.1% against the fair market value, along with a solid yield of 5.4%. The combination of increasing property values in the region and sustained interest from retirees and tourists suggests long-term appreciation potential for this asset.
Tenant turnover risk A tenant stability score of 75/100 suggests relatively stable tenants, but combined with an economic stability score of 65/100, there is a risk of increased turnover during economic downturns, potentially affecting rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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