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, 1-bathroom apartment of 109 m², built in 2005, energy rating C. Located on avenida de Ceuta, Quarteira parish, Loulé municipality, Faro district. Noteworthy Feature: This apartment includes a pleasant balcony that enhances outdoor living opportunities, combined with a secure underground parking space reflecting modern urban convenience.
The valuation. The asking price of €394,990 is substantially below the fair value of €542,400, indicating it is underpriced by €147,410 (37.3%). This presents an attractive opportunity for discerning investors seeking value in a competitive market.
Fair value modelled at €542,400 from the area baseline, adjusted for condition and location. Asking €394,990 sits €147,410 (37.3%) below — the upside to fair value.
Asking €394,990 versus the avenida de Ceuta area baseline of €507,068 (€4,652/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 67/100 (Housing Market 70 · Amenities 65 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
avenida de Ceuta
Area baseline €507,068 + condition +€852 + location +€34,481 = modelled fair value of €542,400 (€4,976/m²), a €147,410 (37.3%) gap versus the €394,990 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida de Ceuta | Subject | €394,990 | €3,624 | — | 72 | 67 |
| Quarteira · b7b561 | Active | €394,990 | €3,624 | 0% | 75 | 70 |
| Quarteira · cfe095 | Active | €495,000 | €4,500 | 24.2% | 72 | 66 |
| Quarteira · 99f39b | Active | €650,000 | €4,745 | 30.9% | 78 | 74 |
| Quarteira · 956f16 | Active | €345,000 | €3,920 | 8.2% | 74 | 73 |
| Median comp | €444,995 | €4,210 | 16.2% | 75 | 72 |
Short-term vacation rental Given its location in the Algarve, this 2-bed apartment presents a solid investment opportunity as a short-term vacation rental, appealing particularly to tourists and expats. The substantial gap of 37.3% from fair value underscores the potential for significant capital appreciation in a vibrant rental market. Long-term rental As a long-term rental property, this apartment offers a competitive gross yield of 4%, backed by the consistent demand generated by the area's tourism and expat community. The fair value excess of €147,410 enhances the property’s attractiveness as a secure investment, promising stable returns over time. Buy-and-hold Investing in this apartment as a buy-and-hold strategy is prudent due to its strong position within a desirable tourist destination, providing a solid foundation for future value growth. The notable fair value discrepancy indicates that the property can serve as an increasing asset in an expanding market environment.
Economic Vulnerability The property faces potential financial instability due to a moderate economic stability score of 65/100, suggesting sensitivity to market fluctuations that could impact rental income.
