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 108 m², built in 2003, energy rating D. Located on rua da Lenda, Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: The apartment benefits from a private parking space and is located within a well-maintained condominium offering extensive green areas and communal facilities. Investment Potential: Prized location in Vilamoura, near beaches and amenities, enhances its rental appeal.
The valuation. The asking price of €340,000 is significantly below the fair value of €548,485, making it attractive as it sits at €208,485 or 61.3% underpriced. This presents a compelling investment opportunity. Buy-to-flip angle. A potential resale strategy could involve targeting the vacation rental market, given the area's tourist demand, maximizing profit upon a well-timed sale. Buy-to-let angle. The estimated gross yield of 4.2%, equating to approximately €1,190 monthly, supports a buy-and-hold strategy, making it ideal for long-term rental investments in a popular tourist destination.
Fair value modelled at €548,485 from the area baseline, adjusted for condition and location. Asking €340,000 sits €208,485 (61.3%) below — the upside to fair value.
Asking €340,000 versus the rua da Lenda area baseline of €502,416 (€4,652/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 70 · Materials 75 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 72/100 (Housing Market 80 · Amenities 75 · Economic 70 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua da Lenda
Area baseline €502,416 + condition +€1,856 + location +€44,213 = modelled fair value of €548,485 (€5,079/m²), a €208,485 (61.3%) gap versus the €340,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Lenda | Subject | €340,000 | €3,148 | — | 70 | 72 |
| Quarteira · 735574 | Active | €495,000 | €3,300 | 4.8% | 73 | 71 |
| Quarteira · 99f327 | Active | €480,000 | €4,103 | 30.3% | 75 | 73 |
| rua Volta do Artico, 6 | Active | €465,000 | €3,345 | 6.3% | 73 | 69 |
| rua das Cássias, 1 | Active | €449,000 | €4,490 | 42.6% | 70 | 74 |
| Median comp | €472,500 | €3,724 | 18.3% | 73 | 72 |
Short-term vacation rental The property in Quarteira, Loulé represents a significant opportunity for short-term vacation rentals given its closeness to major tourist attractions, and its fair value suggests strong potential for appreciation. With a gross yield of 4.2% and a considerable gap of 61.3% from its fair value, this property can generate consistent income while benefiting from increasing tourist demand. Buy-and-hold Investing in this apartment as a buy-and-hold strategy is appealing, as the property is currently subvalorizada at €340,000 compared to its fair value of €548,485. Over time, capital appreciation is likely, supported by the favorable economic trends in the Algarve region and the ongoing interest in property investments in tourist areas. Family rental The property also positions itself well for family rentals, providing ample space at 108m² that caters to longer-term residents seeking comfortable accommodation near recreational amenities. Given its relatively good condition and neighborhood ratings, this investment can yield steady rental income while capitalizing on the demand for residential properties in popular family-oriented locations.
Economic and Tenant Stability Risk The moderate economic stability score of 70/100 combined with a lower tenant stability score of 65/100 suggests potential volatility in rental income and the risk of tenant turnover affecting cash flow.
