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, 1-bathroom apartment of 102 m², energy rating C. Located on avenida de Ceuta, Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: The apartment includes two private sunrooms for each bedroom, enhancing comfort and privacy while maximizing storage and living space. Location Highlights: Situated under 500 meters from the beach, it is ideal for beach enthusiasts.
The valuation. The asking price of €340,000 is significantly below the fair value of €521,230, indicating a discount of €181,230 (53.3%). This presents a compelling opportunity for smart investors. Buy-to-flip angle. The strategy for resale involves capitalizing on the property’s underpriced value by making minimal aesthetic improvements, positioning it for a future sale at a profit in a thriving market. Buy-to-let angle. With an estimated rental income of €1,218/month, the property offers a gross yield of 4.3%, making it an attractive option for long-term investment in the tourist-driven Algarve region.
Fair value modelled at €521,230 from the area baseline, adjusted for condition and location. Asking €340,000 sits €181,230 (53.3%) below — the upside to fair value.
Asking €340,000 versus the avenida de Ceuta area baseline of €474,504 (€4,652/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 78 · Materials 82 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
avenida de Ceuta
Area baseline €474,504 + condition +€8,766 + location +€37,960 = modelled fair value of €521,230 (€5,110/m²), a €181,230 (53.3%) gap versus the €340,000 asking price.
Short-term vacation rental This 2-bed apartment in Quarteira holds a significant potential for short-term vacation rentals, given the 4.3% gross yield and a fair value that exceeds the listing price by 53.3%. With the Algarve region being a popular tourist destination, the property’s condition rating of 81/100 further enhances its attractiveness for seasonal rentals. Long-term rental Offering a gross yield of 4.3%, this property can generate stable cash flow as a long-term rental, particularly since it is listed substantially below its fair value by 53.3%. The overall condition score of 81/100 indicates that it will likely attract quality tenants, benefiting from the region’s appeal, albeit with seasonal employment fluctuations affecting stability. Buy-and-hold Given that the property is listed 53.3% below its fair value, the 2-bed apartment presents a strong buy-and-hold opportunity in a tourist-driven area. The combination of a reasonable gross yield of 4.3% and a commendable condition rating of 81/100 contributes to its long-term investment potential despite the seasonal nature of the local economy.
Economic Vulnerability The economic stability score of 65 indicates potential for fluctuations in market conditions which could impact rental income. Tenant Vulnerability A tenant stability score of 70 suggests that while tenants are generally stable, there remains a risk of turnover that could affect cash flow.