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 penthouse of 118 m², built in 1970, energy rating E. Located Quarteira parish, Loulé municipality, Faro district. This penthouse features an enclosed west-facing balcony with sliding windows, ideal for meals and relaxation while enjoying the lush views of the landscaped gardens.
The valuation. The asking price of €320,000 sits €264,638 below the fair value of €584,638, indicating that this property is currently underpriced at 82.7% of its assessed value.
Fair value modelled at €584,638 from the area baseline, adjusted for condition and location. Asking €320,000 sits €264,638 (82.7%) below — the upside to fair value.
Asking €320,000 versus the Quarteira, Loulé, Faro area baseline of €548,936 (€4,652/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 72 · Materials 78 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 65/100 (Housing Market 70 · Amenities 65 · Economic 55 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Quarteira, Loulé, Faro
Area baseline €548,936 + condition +€2,766 + location +€32,936 = modelled fair value of €584,638 (€4,955/m²), a €264,638 (82.7%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · 25f656 | Subject | €320,000 | €2,712 | — | 72 | 65 |
| rua da Escócia | Active | €495,000 | €4,125 | 52.1% | 78 | 67 |
| Quarteira · 001a35 | Active | €265,000 | €2,304 | 15.0% | 61 | 63 |
| rua Melvin Jones | Active | €380,000 | €4,222 | 55.7% | 74 | 74 |
| Quarteira · 99f327 | Active | €480,000 | €4,103 | 51.3% | 75 | 73 |
| Median comp | €430,000 | €4,114 | 51.7% | 75 | 70 |
Short-term vacation rental The property in Quarteira, substantially underpriced at €320,000 compared to its fair value of €584,638, presents an attractive opportunity for short-term vacation rental investments with a gross yield of 4.8%. Its location in a tourist-heavy region enhances economic stability, making it an appealing choice for vacationers seeking nearby beautiful beaches. Buy-and-hold Acquiring this penthouse at the current listing price allows for a potential capital appreciation as the property is significantly underpriced at an 82.7% gap to its fair value. The combination of favorable location and good condition rating of 77/100 supports the viability of holding the asset for long-term growth in value. Value-add renovation Investing in this property for value-add renovation is compelling, given its current underpricing against the fair value benchmark, which creates significant room for improvement. Enhancing the space can leverage both the neighborhood's leisure appeal and its adequate condition rating, leading to higher rental income or resale value in the future.
Tenant turnover risk: With a tenant stability score of 70/100, there is potential for increased turnover, which may lead to vacancy periods and associated costs affecting overall returns.
