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 123 m². Located on avenida Florida, Almancil parish, Loulé municipality, Faro district. The property boasts a private outdoor terrace featuring a built-in BBQ and hot tub, ideal for entertaining and relaxation amidst the serene Algarve climate.
The asking price of €925,000 exceeds the fair value of €818,000, representing a downside of 11.6% from the asking price. The estimated gross rental yield stands at 3.3%.
The fair value of this property is determined using two models. The Transaction model relies on real transaction data from 63 sales in Almancil, accounting for 55% of the overall value. The Adjusted asking-price model uses current listings, constituting 45% of the value. No conservative adjustments are applied in this instance. Combining these models results in a fair value of €818,000. Given that the asking price is €925,000, the asking price is above the fair value by €107,000 (11.6% downside). Confidence in this valuation is high.
Gross yield 3.3% (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 this 2-bed apartment in Almancil is set at €925,000, which is significantly above its fair value of €818,000, indicating an 11.6% downside versus the asking price. Although the property is in good condition, receiving an 82/100 rating, it is located in a neighborhood with a mixed score of 50/100, suggesting potential concerns regarding the overall appeal of the area. Investors should carefully consider these factors before making a decision, as the price appears elevated relative to its assessed value.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic stability score of 50/100 and the tenant stability score of 50/100 indicate a moderate risk of fluctuating income and tenant turnover. Data quality risk The lack of specific area details in the advertisement suggests potential challenges in assessing the full value of the property, raising concerns about the reliability of the transaction micro-location data.
Findings: 1
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Models 3.4.3 (Data quality v3 · Valuation v4.2 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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