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 70 m², built in 1991. Located Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: The apartment features a private terrace ideal for outdoor dining, along with access to a communal swimming pool and security services for added convenience.
The valuation. The asking price of €445,000 is significantly higher than the fair value of €353,869, indicating the property is overpriced by €91,131 (20.5%).
Fair value modelled at €353,869 from the area baseline, adjusted for condition and location. Asking €445,000 sits €91,131 (20.5%) above — overpriced versus fair value.
Asking €445,000 versus the Quarteira, Loulé, Faro area baseline of €325,640 (€4,652/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 74 · Materials 77 · Room dimensions 77). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 78 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Quarteira, Loulé, Faro
Area baseline €325,640 + condition +€875 + location +€27,354 = modelled fair value of €353,869 (€5,055/m²), a €91,131 (20.5%) gap versus the €445,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · 1e606b | Subject | €445,000 | €6,357 | — | 74 | 71 |
| Quarteira · 937615 | Active | €499,500 | €5,946 | 6.5% | 75 | 68 |
| rua da Inglaterra | Active | €495,000 | €6,429 | 1.1% | 74 | 72 |
| Quarteira · 6d5534 | Active | €330,000 | €6,875 | 8.1% | 80 | 60 |
| caminho do Lago, 4 | Active | €469,000 | €4,737 | 25.5% | 80 | 81 |
| Median comp | €482,000 | €6,188 | 2.7% | 78 | 70 |
Short-term vacation rental Given the apartment's high price relative to its fair value, the potential for short-term vacation rentals appears limited due to the 20.5% gap. While the Algarve is a popular tourist destination, the gross yield of 3.1% suggests that this property may not attract enough seasonal demand to justify the investment. Long-term rental Acquiring this property for long-term rental may not present a compelling opportunity, as the fair value indicates the property is overpriced by 20.5%. The 3.1% gross yield is insufficient to offset the high initial investment, making it less appealing in a neighbourhood with average amenities and tenant quality. Buy-and-hold Investing in this property as a buy-and-hold strategy carries significant risk due to its price being 20.5% above the fair value, classifying it as overpriced. Given the average condition rating and a yield of 3.1%, long-term capital appreciation may not be realized effectively in the current market scenario.
Economic Vulnerability The economic stability score of 65 indicates a moderate risk of economic fluctuations that could impact tenant demand and rental income.