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.
4-bedroom, 5-bathroom house of 290 m², built in 1986. Located Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: The property includes a magnificent 30 m² terrace on the first floor, ideal for enjoying the Algarve climate and outdoor leisure activities.
The valuation. The asking price of €2,950,000 significantly exceeds the fair value of €1,471,671, placing it at a notable 50.1% premium. This valuation indicates that the property is overpriced and may deter potential buyers looking for value in the market.
Fair value modelled at €1,471,671 from the area baseline, adjusted for condition and location. Asking €2,950,000 sits €1,478,329 (50.1%) above — overpriced versus fair value.
Asking €2,950,000 versus the Quarteira, Loulé, Faro area baseline of €1,349,080 (€4,652/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 88/100 (Condition 85 · Materials 90 · Room dimensions 86). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 66/100 (Housing Market 70 · Amenities 70 · Economic 60 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Quarteira, Loulé, Faro
Area baseline €1,349,080 + condition +€36,250 + location +€86,341 = modelled fair value of €1,471,671 (€5,075/m²), a €1,478,329 (50.1%) gap versus the €2,950,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · f3662e | Subject | €2,950,000 | €10,172 | — | 85 | 66 |
| Quarteira · 6d5187 | Active | €2,600,000 | €8,075 | 20.6% | 80 | 73 |
| Quarteira · 0dce06 | Active | €3,450,000 | €10,952 | 7.7% | 90 | 70 |
| Quarteira · dee510 | Active | €1,330,000 | €9,048 | 11.1% | 76 | 63 |
| largo dos Três Caminhos | Active | €2,500,000 | €8,621 | 15.3% | 80 | 70 |
| Median comp | €2,550,000 | €8,835 | 13.2% | 80 | 70 |
Short-term vacation rental The property is overpriced at €2,950,000, significantly exceeding its fair value of €1,471,671, creating a 50.1% gap. With a low gross yield of 1.8%, this investment is unlikely to generate adequate returns in the competitive vacation rental market of the Algarve. Buy-and-hold Despite the attractive location in Quarteira, this property is overpriced compared to its fair value, making it less appealing for long-term holding strategies. The seasonal employment patterns in the area suggest potential instability in rental income, which could further hamper the investment's viability. Family rental Although family rentals could thrive in the Algarve, this property’s pricing at €2,950,000 indicates it is overpriced, with a fair value of only €1,471,671. The neighborhood score of 66/100 suggests there may be better, more affordable options available for family tenants, reducing this property's attractiveness. Not ideal for: Student housing, Luxury market Given its significant price premium and the economic context, this property is not suitable for student housing which typically requires more affordable options. Additionally, the luxury market's challenges in the region may not justify such a high asking price, reinforcing its overpriced status.
Tenant turnover risk: With a tenant stability score of 65/100, there is a significant risk of high tenant turnover, potentially leading to increased vacancy rates and associated costs.
