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, 2-bathroom duplex of 148 m², energy rating C. Located Almancil parish, Loulé municipality, Faro district. Private roof terrace with al fresco dining space, and high-end Bosch appliances in the brand-new kitchen elevate this property in the sought-after Quinta Paraiso condominium of Almancil.
The valuation. The asking price of €655,000 is significantly above the fair value of €337,573, sitting at a premium of €317,427, or 94.0%. Consequently, this property is considered overpriced.
Fair value modelled at €337,573 from 6 comparable sales in the area. Asking €655,000 sits €317,427 (94.0%) above — overpriced versus fair value.
Asking €655,000 versus the Almancil, Loulé, Faro area baseline of €290,381 (€1,962/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €290,381, adjusted for condition and micro-location, gives a modelled fair value of €337,573 (€2,281/m²), a €317,427 (94.0%) gap versus the €655,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almancil · 2ce378 | Subject | €655,000 | €4,426 | — | 84 | 69 |
| Almancil · f5ebbb | Active | €449,000 | €3,621 | 18.2% | 72 | 72 |
| Almancil · 96c4f9 | Active | €479,000 | €2,737 | 38.2% | 75 | 64 |
| avenida José dos Santos Farias | Active | €530,000 | €2,087 | 52.9% | 75 | 73 |
| Almancil · 38b666 | Active | €349,000 | €2,475 | 44.1% | 75 | 71 |
| Median comp | €464,000 | €2,606 | 41.1% | 75 | 72 |
Long-term rental This 3-bed duplex's listing price of €655,000 significantly exceeds the fair value of €337,573, representing a staggering 94% gap. With a gross yield of 0%, the property is ill-suited for long-term rental strategies, as the investment offers no immediate returns in a neighbourhood rated 69/100 for desirability. Short-term vacation rental Priced nearly €319,427 above its fair value, this duplex does not present a sound investment for short-term vacation rentals given the 0% yield. The high asking price in a tourism-centric area may limit profitability, as the expected returns do not justify the investment based on current market conditions. Buy-and-hold With a valuation almost 94% higher than fair value, holding this property long-term is unlikely to yield fruitful outcomes, particularly considering its 0% yield. The elevated cost compared to market conditions suggests that preservation of capital may be more plausible than significant growth in this scenario.
Economic decline risk The economic stability score of 55/100 indicates potential vulnerabilities in the local market, which may lead to increased vacancy rates and reduced rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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