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 100 m², built in 2001, energy rating C. Located on rua das Cássias, Quarteira parish, Loulé municipality, Faro district. This property features two balconies that enhance outdoor living and privacy, along with a spacious additional room suitable for various uses, navigating the increasing market demand for flexible spaces.
The valuation. The asking price of €399,000 is significantly below the fair value of €537,251, representing a discount of €138,251 (34.6%). This positions the property as a strong investment opportunity given its attractive pricing.
Fair value modelled at €521,578 from the area baseline, adjusted for condition and location. Asking €399,000 sits €122,578 (30.7%) below — the upside to fair value.
Asking €399,000 versus the rua das Cássias area baseline of €465,200 (€4,652/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 (Condition 78 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 74/100 (Housing Market 80 · Amenities 75 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua das Cássias
Area baseline €465,200 + condition +€11,719 + location +€44,659 = modelled fair value of €521,578 (€5,216/m²), a €122,578 (30.7%) gap versus the €399,000 asking price.
Short-term vacation rental With a gross yield of 4.5% and a fair value showing a 34.6% gap, this property in Quarteira is ideally positioned for the vacation rental market, tapping into the robust tourism-driven economy of the Algarve. The neighbourhood's amenities support a high level of demand, making it a profitable opportunity for short-term rentals. Long-term rental The Quarteira apartment, offering a solid yield of 4.5%, aligns well with long-term rental strategies given the consistent demand for housing near tourist attractions. Despite a fair value of €537,251, the property can provide reliable cash flow from long-term tenants. Value-add renovation This apartment, with a condition score of 83/100, presents an attractive opportunity for value-add renovations, potentially increasing both market appeal and rental income. The significant gap of 34.6% from its fair value suggests that strategic enhancements could yield substantial returns. Not ideal for student housing Given the economic indicators of the neighbourhood, the property does not cater effectively to the needs of the student housing market. The proximity to tourist destinations does not provide a stable demand necessary for year-round student rentals. Not ideal for industrial use The location's focus on tourism and residential living renders it unsuitable for industrial operations, which typically require different infrastructure. The neighbourhood's profile is not conducive to attracting industrial tenants. Not ideal for luxury market While the property is well-maintained, its price point and surroundings do not align with the luxury market segment. This limits potential high-end buyers seeking prestigious locations in the area.
Potential Economic Volatility The economic stability score of 65/100 could indicate potential fluctuations in income and job markets that may affect future tenant demand and rental income.
