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 122 m², energy rating D. Located Quarteira parish, Loulé municipality, Faro district. Unique Feature: The property includes a spacious terrace with ocean views, enhancing outdoor living and entertainment options. Update Detail: Recent updates include modern fixtures in the bathrooms.
The valuation. The asking price of €565,000 is slightly below the fair value of €585,775, placing it at a discount of €20,775 (3.7%). This indicates that the property is currently subvalued in the market.
Fair value modelled at €585,775 from the area baseline, adjusted for condition and location. Asking €565,000 sits €20,775 (3.7%) below — the upside to fair value.
Asking €565,000 versus the Quarteira, Loulé, Faro area baseline of €567,544 (€4,652/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 65 · Materials 70 · Room dimensions 66). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 65/100 (Housing Market 70 · Amenities 70 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Quarteira, Loulé, Faro
Area baseline €567,544 + condition -€15,822 + location +€34,053 = modelled fair value of €585,775 (€4,801/m²), a €20,775 (3.7%) gap versus the €565,000 asking price.
Short-term vacation rental This 2-bed apartment in Quarteira, with a fair value of €585,775, presents a compelling opportunity for short-term vacation rentals, especially given its proximity to the Algarve coast, which attracts many tourists. The gross yield of 2.9% reflects a strong demand for rental properties in this popular area, making it a potentially lucrative investment. Long-term rental With a fair value slightly above the listing price, investing in this property for long-term rental can provide stable cash flow, supported by the robust tourism and service industry in the region. Given its decent condition rating of 67/100 and the overall neighborhood score of 65/100, the property has the potential to attract quality tenants. Buy-and-hold Acquiring this apartment as a long-term buy-and-hold investment is advisable due to its fair valuation slightly exceeding the listing price, indicating a reasonable entry point in a thriving market. The 3.7% gap between the listing and fair value suggests that while it’s not a bargain, it remains a strong asset for future appreciation in a tourist-heavy area like Quarteira.
Economic and Tenant Stability Risk The property is exposed to economic and tenant stability risks due to both scores being at 60/100, indicating potential instability in rental income and occupancy.