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 87 m², built in 1989, energy rating F. Located on rua Paul Harris S / N, Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: The apartment features top-floor positioning for enhanced privacy and dual-aspect windows that optimize natural light and cross ventilation throughout the living spaces.
The valuation. The asking price of €290,000 is significantly below the fair value of €420,468, indicating a difference of €130,468 (45.0%). The property is deemed to be underpriced, presenting a potential opportunity for investors. Buy-to-flip angle. This 1-bed apartment could be renovated with minimal investment in upgrades, enhancing its appeal for a resale in a thriving market. Quick improvements can leverage the property’s current undervaluation for profitable flipping. Buy-to-let angle. With an estimated rental income of €1,184/month and a gross yield of 4.9%, the property suits a buy-and-hold strategy. The strong tourist attraction of the Algarve ensures consistent demand for short-term vacation rentals.
Fair value modelled at €420,468 from the area baseline, adjusted for condition and location. Asking €290,000 sits €130,468 (45.0%) below — the upside to fair value.
Asking €290,000 versus the rua Paul Harris S / N area baseline of €404,724 (€4,652/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 58/100 (Condition 60 · Materials 58 · Room dimensions 58). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 74/100 (Housing Market 80 · Amenities 80 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua Paul Harris S / N
Area baseline €404,724 + condition -€23,109 + location +€38,854 = modelled fair value of €420,468 (€4,833/m²), a €130,468 (45.0%) gap versus the €290,000 asking price.
Short-term vacation rental This property in Quarteira, priced at €290,000, presents a substantial gap of 45.0% below its fair value of €420,468, making it a compelling option for short-term vacation rentals in a thriving tourist region like the Algarve. With a gross yield of 4.9%, it offers a solid return while benefiting from the area’s appeal to vacationers seeking coastal experiences. Buy-and-hold Investing in this 1-bed apartment allows for long-term appreciation potential, as evidenced by its fair value of €420,468 which significantly exceeds the listing price. The robust neighborhood score of 74/100 indicates a desirable location for future tenants, adding stability to a buy-and-hold strategy. Long-term rental The property’s favorable condition score of 58/100 and its fair value suggest it can attract quality tenants and achieve consistent demand in the rental market. Given the region’s enviable position as a coastal hub, securing long-term rental income from this apartment could yield stable cash flows over time.
Tenant turnover risk With both economic and tenant stability scores at 65/100, the property may experience higher tenant turnover, potentially leading to increased vacancy rates and fluctuating rental income.
