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 penthouse of 135 m², energy rating A. Located Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: This penthouse boasts a rare private terrace with a panoramic sea view, ideal for outdoor gatherings and sunbathing, enhancing its luxurious living experience.
The valuation. The asking price of €1,000,000 is significantly above the fair value of €697,649, representing an excess of €302,351 (30.2%). This property is overpriced in the current market.
Fair value modelled at €697,649 from the area baseline, adjusted for condition and location. Asking €1,000,000 sits €302,351 (30.2%) above — overpriced versus fair value.
Asking €1,000,000 versus the Quarteira, Loulé, Faro area baseline of €628,020 (€4,652/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 88/100 (Condition 90 · Materials 85 · Room dimensions 85). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
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.
Quarteira, Loulé, Faro
Area baseline €628,020 + condition +€16,875 + location +€52,754 = modelled fair value of €697,649 (€5,168/m²), a €302,351 (30.2%) gap versus the €1,000,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · de0b7d | Subject | €1,000,000 | €7,407 | — | 90 | 71 |
| Quarteira · ba593d | Active | €1,200,000 | €7,362 | 0.6% | 85 | 63 |
| Quarteira · 6fbc79 | Active | €595,000 | €6,398 | 13.6% | 88 | 70 |
| urbanização Quinta do Romão | Active | €930,000 | €6,643 | 10.3% | 88 | 64 |
| Quarteira · 82c63d | Active | €850,000 | €5,380 | 27.4% | 85 | 75 |
| Median comp | €890,000 | €6,521 | 12.0% | 87 | 67 |
Short-term vacation rental The 135m² penthouse in Quarteira is overpriced by 30.2%, making it a less attractive option for short-term vacation rentals with a gross yield of only 1.8%. Given the competitive landscape in the Algarve, this property is unlikely to generate sufficient returns to justify its listing price. Buy-and-hold While the condition rating of 88/100 suggests good quality, the excessive price of €1,000,000 significantly limits the potential upside for a buy-and-hold strategy. The 1.8% gross yield does not align with the investment's risk and price, indicating it may not sustain appreciation over time. Family rental The family rental market typically seeks properties that offer value, but with a fair value of only €697,649, this penthouse is priced 30.2% above what is reasonable. Families may find better options in the Neighbourhood rating of 71/100, where the value aligns more closely with rental expectations.
Economic Volatility With an economic stability score of 65/100, there is a risk of fluctuations in the local economy that could negatively impact rental demand and property value.
