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, 2-bathroom apartment of 121 m² on the 3rd floor, energy rating A. Located on avenida José dos Santos Farias, 3, Almancil parish, Loulé municipality, Faro district. Noteworthy Features: The apartment offers electric vehicle charging infrastructure and expansive windows that enhance natural light, making the living space feel airy and open.
The valuation. The asking price of €449,500 sits €40,645 (9.9%) above the fair value of €408,855. This indicates that the property is valued fairly within the current market context.
Fair value modelled at €408,855 from 6 comparable sales in the area. Asking €449,500 sits €40,645 (9.9%) above — overpriced versus fair value.
Asking €449,500 versus the avenida José dos Santos Farias, 3 area baseline of €435,242 (€3,597/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 is above the parish average, lifting 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 €435,242, adjusted for condition and micro-location, gives a modelled fair value of €408,855 (€3,379/m²), a €40,645 (9.9%) gap versus the €449,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida José dos Santos Farias, 3 | Subject | €449,500 | €3,715 | — | 95 | 73 |
| avenida José dos Santos Farias, 82 | Active | €375,000 | €2,604 | 29.9% | 80 | 68 |
| avenida José dos Santos Farias, 82 | Active | €375,000 | €2,604 | 29.9% | 75 | 63 |
| avenida José dos Santos Farias | Active | €427,500 | €3,717 | 0.1% | 80 | 70 |
| Almancil · cfde5b | Active | €420,000 | €3,889 | 4.7% | 75 | 74 |
| Median comp | €397,500 | €3,161 | 14.9% | 78 | 69 |
Short-term vacation rental Given the proximity to Algarve's tourist attractions, the property is situated in a desirable location that could attract seasonal visitors. However, with a gross yield of 0% and a fair value indicating slight overpricing, its investment potential in the short-term rental market appears limited. Long-term rental The apartment's location and decent condition suggest it may appeal to tenants seeking accommodation in Almancil. Nevertheless, the 0% yield and a slight gap from fair value inform us that it may not be the best option for long-term rental investments at this price point. Buy-and-hold While the property is set in a region affected by seasonal tourism, which could support future appreciation, the current pricing reflects a fair valuation without significant upside. Investors opting for a buy-and-hold strategy should consider that the absence of yield combined with the fair value suggests limited immediate returns. Not ideal for: Given its size and amenities, the property is not suitable for student housing, as it does not cater to the target demographic's price sensitivity. Additionally, the lack of luxury features indicates it is not positioned within the luxury market, which typically demands higher-end specifications.
Tenant turnover risk High tenant turnover could impact consistent rental income, considering the tenant stability score of 70/100, indicating a moderate risk of vacancies.
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