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 penthouse of 188 m², built in 2008, energy rating D. Located Almancil parish, Loulé municipality, Faro district. Noteworthy Features: This penthouse includes a private rooftop equipped with a jacuzzi and barbecue, offering panoramic views of the sea and surrounding landscape, perfect for entertainment and relaxation.
The valuation. The asking price of €700,000 is just 1.8% below the fair value of €713,023, indicating that this property is accurately priced and represents a fair market opportunity for interested buyers.
Fair value modelled at €713,023 from 6 comparable sales in the area. Asking €700,000 sits €13,023 (1.8%) below — the upside to fair value.
Asking €700,000 versus the Almancil, Loulé, Faro area baseline of €477,918 (€2,542/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €477,918, adjusted for condition and micro-location, gives a modelled fair value of €713,023 (€3,793/m²), a €13,023 (1.8%) gap versus the €700,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almancil · 0c0558 | Subject | €700,000 | €3,723 | — | 80 | 72 |
| Almancil · 3750e7 | Active | €379,000 | €2,850 | 23.5% | 78 | 63 |
| Almancil · 23f4b1 | Active | €1,200,000 | €3,797 | 2.0% | 72 | 69 |
| Quarteira · 28b7ea | Active | €465,000 | €3,275 | 12.1% | 80 | 71 |
| rua do Brasil | Active | €500,000 | €3,788 | 1.7% | 73 | 70 |
| Median comp | €482,500 | €3,532 | 5.2% | 76 | 70 |
Short-term vacation rental The property demonstrates a competitive gross yield of 4.8%, making it a viable option for short-term vacation rental in Almancil, Loulé. With the area being a popular tourist destination, its fair value of €700,000 aligns closely with the market, suggesting stable returns without the risk of overpricing. Family rental The penthouse's substantial 188m² space and strong yield of 4.8% position it well for family rental, appealing to long-term tenants in need of quality living space. At a fair valuation of €700,000, the property is not expected to face significant pricing pressures in a stable rental market. Buy-and-hold This penthouse represents a solid buy-and-hold investment strategy with a fair value of €700,000 and a decent gross yield of 4.8% that suggests steady income potential. The local market conditions and moderate crime rates further reinforce this property as a sound long-term investment within the appealing Algarve region.
Economic Vulnerability The economic stability score of 65/100 indicates a moderate risk of economic fluctuations that could negatively impact property value and 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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