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, 0-bathroom apartment of 130 m². Located Almancil parish, Loulé municipality, Faro district. Noteworthy Features: This apartment includes direct access to communal tennis courts and two swimming pools, enhancing its appeal for active lifestyles within a vibrant community setting.
The valuation. The asking price of €1,195,000 is just 3.2% below the fair value of €1,234,762, indicating a fair opportunity for investment in this property. Buy-to-flip angle. A resale strategy could be employed by renovating and enhancing aspects to capitalize on the demand for luxury living in Almancil, potentially achieving significant profits in this tourist-heavy locale. Buy-to-let angle. With an estimated gross yield of 3.1% and potential for monthly rental income of €3,087, this property is poised for successful long-term rentals targeting the burgeoning tourism sector in the Algarve.
Fair value modelled at €1,234,762 from 6 comparable sales in the area. Asking €1,195,000 sits €39,762 (3.2%) below — the upside to fair value.
Asking €1,195,000 versus the Almancil, Loulé, Faro area baseline of €1,082,127 (€8,324/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 €1,082,127, adjusted for condition and micro-location, gives a modelled fair value of €1,234,762 (€9,498/m²), a €39,762 (3.2%) gap versus the €1,195,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almancil · 33bb90 | Subject | €1,195,000 | €9,192 | — | 78 | 72 |
| Almancil · 26205d | Active | €1,200,000 | €7,843 | 14.7% | 78 | 71 |
| Almancil · 9569d2 | Active | €765,000 | €7,969 | 13.3% | 75 | 72 |
| Almancil · 938897 | Active | €790,000 | €6,320 | 31.2% | 80 | 72 |
| Almancil · 653018 | Active | €1,295,000 | €11,991 | 30.4% | 80 | 72 |
| Median comp | €995,000 | €7,906 | 14.0% | 79 | 72 |
Short-term vacation rental This property presents a solid option for short-term vacation rentals given its location in a tourist-heavy area of the Algarve, which is primed for attracting holidaymakers. However, with a fair value showing only a 3.2% gap, the potential yield of 3.1% may not significantly offset the initial investment cost. Long-term rental As a long-term rental, this 2-bed apartment can cater to the local demand stemming from the tourism-driven economy, making it a viable choice for steady occupancy. The yield of 3.1% remains relatively modest, and although the condition of the property is decent at 80/100, the price needs careful consideration against its fair market value. Buy-and-hold Investing in this property with a buy-and-hold strategy could yield steady returns, particularly as the neighbourhood benefits from its proximity to amenities and tourism. Nonetheless, with the fair value so close to the listing price, prospective investors might find it challenging to capitalize on long-term appreciation without significant rental market growth in the Algarve.
Economic vulnerability The economic stability score of 68/100 indicates a moderate risk of economic downturn affecting property value and rental 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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