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, 2-bathroom apartment of 153 m², built in 2008, energy rating C. Located Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: Enjoy direct access to the communal pool and beautifully landscaped gardens from the sunny balcony, enhancing outdoor living in this sought-after private condominium.
The valuation. The asking price of €599,000 is significantly below the fair value of €790,647, representing an impressive discount of €191,647 (32.0%). This property is clearly underpriced, presenting a compelling opportunity for buyers.
Fair value modelled at €790,647 from the area baseline, adjusted for condition and location. Asking €599,000 sits €191,647 (32.0%) below — the upside to fair value.
Asking €599,000 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 82/100 (Condition 80 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 72/100 (Housing Market 70 · Amenities 75 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Quarteira, Loulé, Faro
Area baseline €711,756 + condition +€16,256 + location +€62,635 = modelled fair value of €790,647 (€5,168/m²), a €191,647 (32.0%) gap versus the €599,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · 6d5474 | Subject | €599,000 | €3,915 | — | 80 | 72 |
| Quarteira · 65a6e2 | Active | €615,000 | €3,618 | 7.6% | 78 | 72 |
| rua das Cássias | Active | €399,000 | €3,990 | 1.9% | 78 | 74 |
| rua Manuel José de Paiva | Active | €375,000 | €3,000 | 23.4% | 72 | 67 |
| rua da Moura Lidia | Active | €499,000 | €4,158 | 6.2% | 72 | 72 |
| Median comp | €449,000 | €3,804 | 2.8% | 75 | 72 |
Short-term vacation rental This property is appealing as a short-term vacation rental given its prime location in the Algarve, a region traditionally favored by tourists. With a gross yield of 3.6% and significant gap of 32.0% below fair value, it presents a solid investment opportunity for short-term rental enthusiasts looking to capitalize on holiday demand. Long-term rental The apartment's condition rating of 82/100 coupled with a favorable gross yield of 3.6% suggests that it is a strong candidate for long-term rental investments. Given the 32.0% gap from fair value, this property is likely to attract a steady stream of quality tenants seeking to rent in a desirable coastal neighborhood. Buy-and-hold As a buy-and-hold strategy, this property benefits from its valuation being 32.0% under fair value, allowing for significant appreciation potential over time. Moreover, its location in the Algarve region with good amenities and tourist appeal positions it well for long-term value growth in the real estate market.
Economic Vulnerability With an economic stability score of 65/100, there is a risk that economic downturns could impact rental income and property value.
