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 170 m², built in 1985, energy rating B. Located on estrada da Horta, 428, Almancil parish, Loulé municipality, Faro district. The property features two independent entrances, enhancing privacy and accessibility, along with a private pool that offers picturesque sea views and year-round enjoyment of the Algarve climate.
The valuation. The asking price of €1,295,000 is significantly above fair value, which is set at €950,623, indicating an overpriced property by €344,377 (36.2%). This discrepancy raises concerns for potential investors regarding prospective returns.
Fair value modelled at €950,623 from 5 comparable sales in the area. Asking €1,295,000 sits €344,377 (36.2%) above — overpriced versus fair value.
Asking €1,295,000 versus the estrada da Horta, 428 area baseline of €796,352 (€4,684/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 €796,352, adjusted for condition and micro-location, gives a modelled fair value of €950,623 (€5,592/m²), a €344,377 (36.2%) gap versus the €1,295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada da Horta, 428 | Subject | €1,295,000 | €7,618 | — | 73 | 73 |
| Almancil · 82c7a8 | Active | €1,350,000 | €7,941 | 4.2% | 70 | 68 |
| Quarteira · 86cc00 | Active | €1,190,000 | €4,760 | 37.5% | 75 | 70 |
| estrada das Pereiras de Quarteira | Active | €1,795,000 | €5,592 | 26.6% | 78 | 65 |
| estrada das Pereiras de Quarteira | Active | €1,795,000 | €5,592 | 26.6% | — | 68 |
| Median comp | €1,572,500 | €5,592 | 26.6% | 75 | 68 |
Long-term rental This property, with a gross yield of 3.3%, does not provide an optimal return for long-term rental investment given its pricing, which currently stands at 36.2% above fair value. Additionally, the reliance on tourism may impact tenant stability and demand over time, making this an unattractive buy for a long-term hold. Short-term vacation rental While the location near coastal tourist attractions suggests potential for short-term rental activity, the price of €1,295,000 is significantly inflated compared to the fair value of €950,623. This high entry cost, paired with a gross yield of only 3.3%, diminishes the profitability of pursuing a short-term vacation rental strategy. Buy-and-hold Acquiring this property for a buy-and-hold strategy is not advisable, as the current listing price is 36.2% higher than its fair value, indicating potential for loss. The mixed economic stability in a tourism-reliant area further complicates long-term growth prospects, making this investment less appealing. Not ideal for: The property is not suitable for student housing, luxury market developments, or industrial uses due to its pricing and neighborhood characteristics.
Tenant turnover risk The relatively moderate tenant stability score of 70/100 suggests a potential for increased tenant turnover, which could impact cash flow and lead to higher vacancy 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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