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 175 m², built in 2005, energy rating C. Located Quarteira parish, Loulé municipality, Faro district. Unique Feature: The apartment boasts generous balconies with unobstructed golf course views, enhancing outdoor living and offering a spectacular sunset experience. Condition Notes: Enjoy a serene atmosphere in a well-maintained quality condominium.
The valuation. The asking price of €595,000 is significantly below the fair value of €877,662, presenting an opportunity with a difference of €282,662 (47.5%). Verdict: underpriced. Buy-to-flip angle. With a strategic renovation, the aim would be to increase the apartment's appeal, allowing for a resale at a profit in a robust market, leveraging its prime coastal location. Buy-to-let angle. Targeting short-term vacation rentals can capitalize on the estimated gross yield of 2.9%, approximately €1,438 per month, especially given the desirable tourist area in the Algarve.
Fair value modelled at €877,662 from the area baseline, adjusted for condition and location. Asking €595,000 sits €282,662 (47.5%) below — the upside to fair value.
Asking €595,000 versus the Quarteira, Loulé, Faro area baseline of €820,050 (€4,686/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 67/100 (Housing Market 70 · Amenities 70 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Quarteira, Loulé, Faro
Area baseline €820,050 + condition +€8,203 + location +€55,359 = modelled fair value of €877,662 (€5,015/m²), a €282,662 (47.5%) gap versus the €595,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · f35d92 | Subject | €595,000 | €3,400 | — | 75 | 67 |
| Quarteira · 65a6e2 | Active | €615,000 | €3,618 | 6.4% | 78 | 72 |
| rua das Cássias | Active | €399,000 | €3,990 | 17.4% | 78 | 74 |
| rua do Brasil | Active | €500,000 | €3,788 | 11.4% | 73 | 70 |
| Quarteira · 99f39b | Active | €650,000 | €4,745 | 39.5% | 78 | 74 |
| Median comp | €557,500 | €3,889 | 14.4% | 78 | 73 |
Short-term vacation rental The property in Quarteira offers a significant opportunity as a short-term vacation rental, given its 47.5% gap versus fair value of €877,662. Its location in the Algarve, a popular tourist area, supports potential for consistent occupancy rates and attractive rental income. Buy-and-hold Investing in this apartment as a buy-and-hold strategy could yield beneficial returns, especially as property values align with fair value. The current fair value suggests that over time, appreciation in this desirable location will enhance the investment's profitability. Long-term rental For long-term rental, this property holds promise given its robust location and the 2.9% gross yield, although the yield is comparatively modest. With an appealing condition rating of 78/100, the apartment is likely to attract reliable tenants, ensuring steady cash flow despite the current pricing dynamics.
Tenant turnover risk High tenant turnover is a possibility due to both the economic stability and tenant stability scores being at only 65/100, indicating potential challenges in maintaining long-term occupancy.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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