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 150 m², built in 2003, energy rating D. Located Quarteira parish, Loulé municipality, Faro district. This property offers immediate access to the prestigious Millennium Golf course and features a bright living area with large glass doors that open to a sunny balcony.
The valuation. The asking price of €495,000 is significantly below the fair value of €778,026, making it subvalued by €283,026 (57.2%). This presents an attractive opportunity for savvy investors. Buy-to-flip angle. The property can be flipped by capitalizing on the large difference between the asking price and fair value, targeting a resale in the range of €700,000 to €750,000 after minor updates. Buy-to-let angle. With an estimated rental income of €1,691 per month, this property offers a gross yield of 4.1%, appealing for long-term investment in the thriving Algarve rental market.
Fair value modelled at €754,775 from the area baseline, adjusted for condition and location. Asking €495,000 sits €259,775 (52.5%) below — the upside to fair value.
Asking €495,000 versus the Quarteira, Loulé, Faro area baseline of €697,800 (€4,652/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 73 · Materials 78 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 71/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
Quarteira, Loulé, Faro
Area baseline €697,800 + condition -€1,641 + location +€58,615 = modelled fair value of €754,775 (€5,032/m²), a €259,775 (52.5%) gap versus the €495,000 asking price.
Short-term vacation rental With a 57.2% gap between the listing price of €495,000 and the fair value of €778,026, this 2-bed apartment in Quarteira presents a compelling opportunity for a short-term vacation rental strategy. The strong gross yield of 4.1% further supports its potential profitability in a tourism-driven location. Buy-and-hold Given the longstanding popularity of the Algarve region for both domestic and international tourists, this property can serve as a valuable buy-and-hold investment. The favorable fair value suggests significant upside potential as property values are likely to appreciate over time. Family rental With a condition score of 74/100 and a neighborhood rating of 71/100, this apartment is well-suited for the family rental market. Its generous size of 150m² caters to families looking for comfortable living space in a desirable coastal area. Not ideal for: - Student housing - Luxury market - Value-add renovation --- LOCAL CONTEXT The property is strategically located in Quarteira, a tourist hotspot in the Algarve region known for its coastal appeal. The area's economy is predominantly driven by tourism, which translates into seasonal employment patterns.
Economic vulnerability Given the economic stability score of 65/100, there is a heightened risk of adverse economic conditions impacting property value and rental income stability.
