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 100 m², built in 1991, energy rating D. Located Almancil parish, Loulé municipality, Faro district. Noteworthy Features: This apartment includes a private terrace with panoramic lake views and direct access to the communal swimming pool, enhancing outdoor living in a prime location.
The valuation. The asking price of €1,050,000 is just €9,984 (1.0%) above the fair value of €1,040,016, indicating that the property is accurately priced according to current market conditions. Buy-to-flip angle. A buy-to-flip strategy could capitalize on the property’s premium quality materials and desirable location in Almancil, potentially attracting investors able to resell at a higher price post-renovation. Buy-to-let angle. With a gross yield of 3.6% and an estimated rental income of €3,150 per month, this apartment is a viable option for a buy-to-let strategy, appealing to long-term tenants and short-term vacation renters alike.
Fair value modelled at €1,040,016 from 6 comparable sales in the area. Asking €1,050,000 sits €9,984 (1.0%) above — overpriced versus fair value.
Asking €1,050,000 versus the Almancil, Loulé, Faro area baseline of €897,508 (€8,975/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 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 €897,508, adjusted for condition and micro-location, gives a modelled fair value of €1,040,016 (€10,400/m²), a €9,984 (1.0%) gap versus the €1,050,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almancil · 2fcdbc | Subject | €1,050,000 | €10,500 | — | 80 | 65 |
| avenida da Praia | Active | €1,599,000 | €11,028 | 5.0% | 82 | 65 |
| Almancil · 653018 | Active | €1,295,000 | €11,991 | 14.2% | 80 | 72 |
| Almancil · 3a73a1 | Active | €1,495,000 | €11,326 | 7.9% | 75 | 68 |
| Almancil · 3a7382 | Active | €1,075,000 | €9,773 | 6.9% | 79 | 74 |
| Median comp | €1,395,000 | €11,177 | 6.4% | 80 | 70 |
Short-term vacation rental The property is suitable for short-term vacation rentals given its strategic location in the Algarve, a region known for its strong tourism demand. The expected gross yield of 3.6% indicates that while the property is not a steal, it can generate moderate returns in a high-demand rental market. Long-term rental As a long-term rental property, this apartment offers a steady income potential, yet the anticipated yield of 3.6% suggests that the investment is only marginally attractive compared to other options. With a fair value only slightly lower than the asking price, the property does not present a compelling case for long-term holding beyond its stable tenant appeal. Buy-and-hold While the property can be held as a buy-and-hold investment due to its decent condition rating of 86/100, its pricing aligns closely with its fair value of €1,040,016, limiting the potential for significant appreciation. The modest yield combined with a stable tourism backdrop makes it a reasonable option, but investors should be cautious about expecting substantial gains in the property’s value over time.
Economic Vulnerability The property's economic stability score of 60/100 suggests it may be susceptible to local market fluctuations that could impact rental income. Tenant Turnover Risk With a tenant stability score of 65/100, there is a moderate risk of higher tenant turnover, which can lead to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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