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 127 m², built in 2002, energy rating B. Located Almancil parish, Loulé municipality, Faro district. Noteworthy Features: The apartment boasts a south-facing terrace perfect for sunbathing, and is situated in a tranquil condominium, providing a serene escape while being close to Vale do Lobo beach.
The valuation. The asking price of €850,000 is significantly above the fair value of €570,508, indicating an overvaluation of €279,492 (49.0%). This suggests that buyers may not find favorable equity upon purchase.
Fair value modelled at €570,508 from 6 comparable sales in the area. Asking €850,000 sits €279,492 (49.0%) above — overpriced versus fair value.
Asking €850,000 versus the Almancil, Loulé, Faro area baseline of €655,105 (€5,158/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €655,105, adjusted for condition and micro-location, gives a modelled fair value of €570,508 (€4,492/m²), a €279,492 (49.0%) gap versus the €850,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almancil · 76b4f9 | Subject | €850,000 | €6,693 | — | 77 | 71 |
| Almancil · a8032a | Active | €1,150,000 | €4,492 | 32.9% | 78 | 70 |
| Almancil · 8318b1 | Active | €1,150,000 | €4,492 | 32.9% | 78 | 64 |
| Almancil · cfde5b | Active | €420,000 | €3,889 | 41.9% | 75 | 74 |
| avenida José dos Santos Farias | Active | €427,500 | €3,717 | 44.5% | 80 | 70 |
| Median comp | €788,750 | €4,191 | 37.4% | 78 | 70 |
Short-term vacation rental The current pricing of the property at €850,000 represents a significant 49.0% premium over its fair value of €570,508, limiting potential returns for short-term vacation rental strategies. With a gross yield of just 2.4%, the investment likely lacks the necessary cash flow to justify the high entry cost in a competitive tourist market in Algarve. Buy-and-hold Despite the attractive tourism-driven location of Almancil, the current listing price is considerably overpriced, reflecting a 49.0% gap from fair value. Holding onto this property would result in a low gross yield of 2.4%, potentially straining finances in an already inflated market. Long-term rental Investing in this property for long-term rental purposes appears disadvantageous, given it is priced 49.0% above its fair value of €570,508. The gross yield of 2.4% does not present an appealing investment return, particularly in a neighborhood that is marked by average tenant quality and amenities in comparison to the overall demands of the market.
Economic Fluctuation Risk With an economic stability score of 68/100, there is a moderate risk of economic downturns impacting property values and rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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