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.
1-bedroom, 1-bathroom apartment of 68 m², energy rating C. Located on praça da República, Loulé (São Clemente) parish, Loulé municipality, Faro district. Modern finishings enhance both the kitchen and bathroom, while the balcony offers a private outdoor space to enjoy the sunny Algarve climate.
The valuation. The asking price of €290,000 is slightly above the fair value of €288,481 by €1,519 (0.5%). Overall, the property is assessed to be at fair value.
Fair value modelled at €288,481 from 6 comparable sales in the area. Asking €290,000 sits €1,519 (0.5%) above — overpriced versus fair value.
Asking €290,000 versus the praça da República area baseline of €245,113 (€3,605/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €245,113, adjusted for condition and micro-location, gives a modelled fair value of €288,481 (€4,242/m²), a €1,519 (0.5%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praça da República | Subject | €290,000 | €4,265 | — | 75 | 54 |
| rua Doutor Francisco Sá Carneiro, 2 | Active | €229,000 | €4,580 | 7.4% | 76 | 64 |
| rua Ramalho Ortigão, 1 | Active | €290,000 | €5,088 | 19.3% | 88 | 63 |
| praceta Nascimento Fernandes, 3 | Active | €340,000 | €3,953 | 7.3% | 72 | 66 |
| rua Garcia Domingues, 16 | Active | €450,000 | €3,237 | 24.1% | 76 | 76 |
| Median comp | €315,000 | €4,267 | 0% | 76 | 65 |
Short-term vacation rental The property is fairly priced at €290,000, which presents a minimal gap of just 0.5% from its fair value of €288,481. Although the Algarve region is known for tourism, the 0% gross yield indicates that this property might not generate sufficient income for a short-term rental strategy. Long-term rental With a fair valuation of €290,000 closely aligning with the fair value of €288,481, the property does not present any significant price advantage for long-term rental purposes. Furthermore, the 54/100 neighborhood quality rating suggests potential challenges in attracting quality tenants under a long-term rental strategy. Buy-and-hold Given its fair market positioning at €290,000, which is only slightly above the fair value, a buy-and-hold strategy offers limited upside potential for future appreciation. The overall condition rating of 77/100 does provide a reasonable basis for maintaining the property, yet the lack of yield further complicates the investment outlook.
[High Economic Risk] With an economic stability score of 40/100, the property is vulnerable to market fluctuations, potentially leading to decreased rental income and occupancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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