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 153 m², built in 2013, energy rating D. Located Quarteira parish, Loulé municipality, Faro district. This apartment features three balconies with stunning east and west views of the sea, enhancing its appeal in a prime location near the Marina and Vilamoura beach.
The valuation. The asking price of €625,000 is substantially below the fair value of €799,390, indicating a discount of €174,390 or 27.9%. This property is notably underpriced in the current market.
Fair value modelled at €775,586 from the area baseline, adjusted for condition and location. Asking €625,000 sits €150,586 (24.1%) below — the upside to fair value.
Asking €625,000 versus the Quarteira, Loulé, Faro area baseline of €711,756 (€4,652/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 73 · Materials 78 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 72/100 (Housing Market 80 · Amenities 75 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
Quarteira, Loulé, Faro
Area baseline €711,756 + condition +€1,195 + location +€62,635 = modelled fair value of €775,586 (€5,069/m²), a €150,586 (24.1%) gap versus the €625,000 asking price.
Short-term vacation rental The property in Quarteira, Loulé offers strong potential as a short-term vacation rental due to its prime location within the Algarve's tourist zone, making it attractive for seasonal visitors. With a listing price of €625,000, it is significantly below the fair value of €799,390, reflecting a compelling opportunity in a high-demand market. Buy-and-hold Investing in this 2-bed apartment for long-term appreciation could be beneficial given the notable gap of 27.9% below the fair market value. The gross yield of 3.8% combined with a fair condition rating of 76/100 suggests that this property can generate steady income while benefiting from property value appreciation over time. Value-add renovation The current condition rating of 76/100 indicates that there are opportunities for value-add renovations that could enhance the apartment's appeal and increase its market value. With the property priced at €625,000, significantly lower than the fair value of €799,390, strategic improvements can yield enhanced returns while capitalizing on the neighborhood's tourist influx. Not ideal for This property is not well-suited for student housing or the luxury market due to its specific positioning and appeal within the seasonal tourist market. Furthermore, its long-term rental potential is limited, which can narrow the investment strategy options for future cash flow generation.
Economic Vulnerability The property is exposed to economic fluctuations given its economic stability score of 65/100, which may affect rental income.