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 48 m², built in 1989. Located Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: This apartment includes access to a shared rooftop terrace with panoramic views of the coastline, enhancing outdoor living and entertainment opportunities.
The valuation. The asking price of €330,000 exceeds the fair value of €234,853 by €95,147, representing an overvaluation of 28.8%. This property is not priced according to market fundamentals. Buy-to-flip angle. A buy-to-flip strategy would require significant renovations to align the apartment's appeal with local buyer expectations; however, given its current asking price, profit margins may be limited. Buy-to-let angle. The estimated gross yield of 3.5% translates to approximately €963 per month, making the rental income strategy feasible but not particularly lucrative due to the property being overpriced in a rural tourism area.
Fair value modelled at €234,853 from the area baseline, adjusted for condition and location. Asking €330,000 sits €95,147 (28.8%) above — overpriced versus fair value.
Asking €330,000 versus the Quarteira, Loulé, Faro area baseline of €223,296 (€4,652/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 80 · Materials 75 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 60/100 (Housing Market 70 · Amenities 60 · Economic 55 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
Quarteira, Loulé, Faro
Area baseline €223,296 + condition +€2,625 + location +€8,932 = modelled fair value of €234,853 (€4,893/m²), a €95,147 (28.8%) gap versus the €330,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · 6d5534 | Subject | €330,000 | €6,875 | — | 80 | 60 |
| rua Manuel Faria | Active | €295,000 | €5,566 | 19.0% | 75 | 63 |
| rua da Inglaterra | Active | €495,000 | €6,429 | 6.5% | 74 | 72 |
| Quarteira · 1e606b | Active | €445,000 | €6,357 | 7.5% | 74 | 71 |
| praça Banco Português do Atlântico, 5 | Active | €237,500 | €4,948 | 28.0% | 78 | 74 |
| Median comp | €370,000 | €5,962 | 13.3% | 75 | 72 |
Short-term vacation rental The property is overpriced at €330,000, significantly exceeding the fair value estimate of €234,853, which reduces the potential for short-term rental yield enhancement. With a gross yield of only 3.5%, the financial viability of entering the vacation rental market appears challenging given the current listing price. Long-term rental At €330,000, this property is also overpriced against its fair value of €234,853, impacting the attractiveness of long-term rental investment. Given the 3.5% gross yield and limited local economic diversification, the long-term rental strategy seems less compelling in this rural Algarve location.
Economic and Tenant Instability The property may face challenges due to both the economic stability score of 55 and the tenant stability score of 55, indicating potential fluctuations in rental income and occupancy rates.