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, 1-bathroom apartment of 70 m², built in 1987, energy rating B. Located on rua Luis de Camoes, 71, Quarteira parish, Loulé municipality, Faro district. This apartment features a private balcony with ocean views, enhancing its appeal for outdoor relaxation and enjoyment.
The valuation. The asking price of €375,000 exceeds the fair value of €356,295 by €18,705, reflecting an overpricing of 5.0%. Investors should take note of this discrepancy before proceeding. Buy-to-flip angle. A resale strategy could involve cosmetic updates to enhance appeal; targeting a price past €375,000 would be necessary given the initial overpriced valuation. Buy-to-let angle. With an estimated rental income of €969/month, the gross yield of 3.1% suggests a modest return in this popular tourist area, appealing for long-term rental strategies.
Fair value modelled at €356,295 from the area baseline, adjusted for condition and location. Asking €375,000 sits €18,705 (5.0%) above — overpriced versus fair value.
Asking €375,000 versus the rua Luis de Camoes, 71 area baseline of €328,020 (€4,686/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 78 · Materials 82 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 69/100 (Housing Market 70 · Amenities 75 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Luis de Camoes, 71
Area baseline €328,020 + condition +€5,906 + location +€24,749 = modelled fair value of €356,295 (€5,090/m²), a €18,705 (5.0%) gap versus the €375,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Luis de Camoes, 71 | Subject | €375,000 | €5,357 | — | 78 | 69 |
| Quarteira · 6d5534 | Active | €330,000 | €6,875 | 28.3% | 80 | 60 |
| Quarteira · dee4bf | Active | €585,000 | €5,318 | 0.7% | 91 | 71 |
| Quarteira · 8936c8 | Active | €885,000 | €6,860 | 28.1% | 80 | 74 |
| rua de Volta da Garça | Active | €470,000 | €5,875 | 9.7% | 70 | 72 |
| Median comp | €527,500 | €6,368 | 18.9% | 80 | 72 |
Short-term vacation rental The property is priced at €375,000, 5% above its fair value of €356,295, which diminishes the potential returns for short-term vacation rentals in a competitive market. With a gross yield of only 3.1%, it may struggle to generate significant rental income despite being located in a popular tourist area. Value-add renovation Though the property shows some potential for value-add renovations, the current listing price exceeds fair value, positioning it as an overpriced investment opportunity. With a condition rating of 80/100, renovations could improve its appeal but may not justify the high acquisition cost relative to market pricing. Long-term rental At a listing price of €375,000, this property is 5% above the fair value, making it less attractive for long-term rental considerations. With a gross yield of 3.1% and a neighbourhood rating of only 69/100, prospective investors may find better value in more reasonably priced options in this growing market.
Economic and Tenant Stability Risk: Both the Economic stability and Tenant stability scores are at 65/100, indicating a moderate risk of income instability due to potential fluctuations in tenant retention and local economic conditions.
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