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 apartment of 104 m² on the 1st floor, built in 2005, energy rating A+. Located on rua Manuel dos Santos Vaquinhas, Almancil parish, Loulé municipality, Faro district. This apartment features a common panoramic terrace on the roof, providing stunning views and an ideal space for outdoor gatherings.
The asking price is below our fair value estimate of €553,000, indicating a gap of €58,000; however, confidence in this fair value assessment is low. The estimated gross yield stands at 3.6% based on projected rents of approximately €1,485 per month.
The asking price is below the fair value. The fair value of this property is built using both the Transaction model and the Adjusted asking-price model, each contributing 50%. The Transaction model relies on 99 recorded sales in Almancil, while the Adjusted asking-price model is based on current listings with adjustments to reflect actual sale levels. For this property, no conservative adjustments were necessary. The result indicates that the asking price is €495,000, while the fair value is €553,000, showing an 11.7% upside versus the asking price, which reflects a low confidence in the estimate.
Gross yield 3.6% (before costs)
No specific strategy stands out for this property.
Negotiation room: Negotiation context: asking prices in this municipality run about 16% above what similar homes actually sell for, so there is usually room to negotiate
The asking price of €495,000 for this 3-bed apartment in Almancil, Loulé is below the fair value of €553,000, indicating that the price reflects an 11.7% upside versus the asking price. However, despite this potential for value appreciation, the property's condition rating of 82/100 and the neighborhood score of 50/100 suggest that prospective investors should consider the overall context and potential risks associated with the investment.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic stability score of 50/100 and tenant stability score of 50/100 indicate a potentially unstable environment for both rental income and property value appreciation. Fair value certainty risk The low confidence in the fair value of €553,000, coupled with an absence of micro-location transaction data, raises concerns about the accuracy of this valuation, especially given that the two estimates differ by more than the tolerance.
Grade BFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
No confirmed issues.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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