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 85 m², built in 2001, energy rating E. Located Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: The apartment includes a spacious external annex perfect for storing beach gear and is situated near the central amenities of Quarteira, enhancing its rental potential.
The valuation. The asking price of €340,000 is significantly underpriced compared to the fair value of €412,855, representing a discount of €72,855 or 21.4%. This presents a strong investment opportunity in an attractive market.
Fair value modelled at €412,855 from the area baseline, adjusted for condition and location. Asking €340,000 sits €72,855 (21.4%) below — the upside to fair value.
Asking €340,000 versus the Quarteira, Loulé, Faro area baseline of €395,420 (€4,652/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 (Condition 68 · Materials 62 · Room dimensions 68). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 69/100 (Housing Market 70 · Amenities 60 · Economic 55 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Quarteira, Loulé, Faro
Area baseline €395,420 + condition -€12,617 + location +€30,052 = modelled fair value of €412,855 (€4,857/m²), a €72,855 (21.4%) gap versus the €340,000 asking price.
Short-term vacation rental The 2-bed apartment in Quarteira offers strong potential for short-term vacation rentals given its fair value gap of 21.4%, which indicates a competitive entry point into a thriving tourist market in the Algarve. With a gross yield of 4.1% and a decent condition rating of 66/100, the property is well-positioned to attract seasonal visitors seeking convenience and comfort. Long-term rental As a long-term rental option, this Quarteira apartment benefits from a favorable fair value gap, suggesting stable return potential in a neighborhood rated 69/100 for quality. The 4.1% gross yield demonstrates reasonable income generation capabilities, appealing to tenants looking for comfortable living spaces in a well-regarded coastal area. Not ideal for student housing Given the apartment's location and seasonal economic dynamics in the Algarve, it is not positioned well for student housing, where demand may fluctuate alongside academic calendars. The property's characteristics do not align with the needs of long-term residents typically found in student demographics. Not ideal for luxury market The Quarteira apartment's fair value indicates it does not meet the high-end criteria required for the luxury market, limiting its prospects in attracting affluent buyers or renters. Its condition rating of 66/100 further underscores a necessity for improvements that align more with mid-range rather than luxury expectations.
Potential for Increased Vacancy The combination of a 55/100 economic stability score and a 65/100 tenant stability score indicates a risk of increased vacancy rates, especially if economic conditions worsen.
