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, 3-bathroom house of 153 m², energy rating C. Located on rua da Oliveirinha, 484, Almancil parish, Loulé municipality, Faro district. This property features a fully equipped kitchen and direct access from the living/dining room to a private pool area, enhancing both functionality and outdoor entertainment options.
The valuation. The asking price of €2,350,000 is significantly above the fair value of €1,833,050, indicating an overpricing of €516,950 (28.2%). This discrepancy suggests that potential investors should reconsider the financial viability of this property.
Fair value modelled at €1,833,050 from 6 comparable sales in the area. Asking €2,350,000 sits €516,950 (28.2%) above — overpriced versus fair value.
Asking €2,350,000 versus the rua da Oliveirinha, 484 area baseline of €1,684,233 (€11,008/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 is below the parish average, reducing 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 €1,684,233, adjusted for condition and micro-location, gives a modelled fair value of €1,833,050 (€11,981/m²), a €516,950 (28.2%) gap versus the €2,350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Oliveirinha, 484 | Subject | €2,350,000 | €15,359 | — | 74 | 71 |
| Almancil · 3a7145 | Active | €1,258,000 | €9,388 | 38.9% | 78 | 73 |
| Almancil · 57f9d5 | Active | €2,650,000 | €14,888 | 3.1% | 85 | 65 |
| urbanização Quinta Formosa | Active | €1,375,000 | €11,752 | 23.5% | 72 | 70 |
| Almancil · d748a8 | Active | €1,349,000 | €9,500 | 38.1% | 94 | 70 |
| Median comp | €1,362,000 | €10,626 | 30.8% | 82 | 70 |
Short-term vacation rental This property is overpriced by 28.2%, making it difficult to achieve a reasonable return on investment in the short-term vacation rental market. Despite the attractive location in the Coastal Algarve region, the gross yield of 1.6% suggests limited profitability potential for short-term rentals. Long-term rental Given that the house is priced significantly above fair value, it poses a challenge for long-term rental investments to achieve expected cash flows. With a gross yield of only 1.6%, prospective landlords may find themselves underwhelmed by the return relative to the investment cost. Family rental As an investment for family rentals, this property is overpriced, which restricts its appeal to potential tenants who may seek more value for their rental budget. The reasonable access to schools and advantageous location could have attracted families, but the high cost may deter them from pursuing this option.
Economic vulnerability With an economic stability score of 65/100, the property may face challenges in attracting reliable tenants, potentially impacting rental income.**
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