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.
3-bedroom, 2-bathroom apartment of 140 m², energy rating C. Located on rua 1, Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: The apartment's open-plan living area features high vaulted ceilings and terracotta tile flooring, while the outdoor terrace provides garden views and comfortable seating options.
The valuation. The asking price of €650,000 is below the fair value of €683,218, indicating it is underpriced by €33,218 (5.1%). This presents a compelling opportunity for buyers in the current market.
Fair value modelled at €683,218 from the area baseline, adjusted for condition and location. Asking €650,000 sits €33,218 (5.1%) below — the upside to fair value.
Asking €650,000 versus the rua 1 area baseline of €651,280 (€4,652/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 74 · Materials 80 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 61/100 (Housing Market 70 · Amenities 60 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua 1
Area baseline €651,280 + condition +€3,281 + location +€28,656 = modelled fair value of €683,218 (€4,880/m²), a €33,218 (5.1%) gap versus the €650,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua 1 | Subject | €650,000 | €4,643 | — | 74 | 61 |
| Quarteira · 90d9f4 | Active | €750,000 | €4,717 | 1.6% | 72 | 72 |
| Quarteira · 937210 | Active | €375,000 | €3,571 | 23.1% | 73 | 62 |
| Quarteira · 6fb937 | Active | €649,000 | €4,160 | 10.4% | 74 | 71 |
| avenida do Parque | Active | €370,000 | €3,592 | 22.6% | 70 | 76 |
| Median comp | €512,000 | €3,876 | 16.5% | 73 | 72 |
Short-term vacation rental The property in Quarteira is positioned favorably for short-term vacation rentals, supported by its proximity to the Algarve coast and a fair value that exceeds the listing price by 5.1%. With a gross yield of 3.5%, it can effectively capitalize on tourist demand in this economically stable area. Buy-and-hold Investing in this 3-bed apartment for a buy-and-hold strategy is appealing, given its fair value of €683,218 compared to the listing price of €650,000, indicating potential for appreciation. The solid condition rating of 77/100 and favorable market dynamics make it a strategic choice for long-term property investment. Long-term rental The Quarteira apartment demonstrates strong potential as a long-term rental, with its listing price under market value by 5.1% and a reliable gross yield of 3.5%. While the neighborhood scores only 61/100, the overall appeal for stable rentals remains intact in this economically driven area. Not ideal for: This property does not align with the student housing market or luxury segments, due to its neighborhood rating and the nature of its current value position.
Economic Viability Risk The property has a low economic stability score of 55/100, indicating potential challenges in maintaining tenant occupancy and rental income. Tenant Viability Risk With a tenant stability score of 60/100, there is an increased risk of tenant turnover, which could impact consistent cash flow and overall returns.