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 86 m², built in 1991, energy rating C. Located on avenida Francisco Sá Carneiro, Quarteira parish, Loulé municipality, Faro district. Highlights: This apartment features a private parking space and is only a 5-minute stroll to the vibrant Quarteira Beach, providing easy access to local amenities and coastal activities.
The valuation. The asking price of €280,000 is significantly below the fair value of €414,609, indicating a difference of €134,609 (48.1%). This property is clearly underpriced in the current market. Buy-to-flip angle. With the potential for renovations that could elevate the property’s finishes, the buy-to-flip strategy may result in a profitable resale, targeting a price closer to fair market value. Buy-to-let angle. Considering the estimated rental income of €1,143/month, the gross yield of 4.9% suggests solid returns for a buy-and-hold strategy, particularly given the demand from tourists in the Algarve.
Fair value modelled at €414,609 from the area baseline, adjusted for condition and location. Asking €280,000 sits €134,609 (48.1%) below — the upside to fair value.
Asking €280,000 versus the avenida Francisco Sá Carneiro area baseline of €400,072 (€4,652/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 (Condition 60 · Materials 65 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 80 · Amenities 70 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
avenida Francisco Sá Carneiro
Area baseline €400,072 + condition -€17,469 + location +€32,006 = modelled fair value of €414,609 (€4,821/m²), a €134,609 (48.1%) gap versus the €280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Francisco Sá Carneiro | Subject | €280,000 | €3,256 | — | 60 | 70 |
| avenida de Ceuta In Quarteira | Active | €320,000 | €3,107 | 4.6% | 72 | 66 |
| rua do Farol | Active | €350,000 | €2,047 | 37.1% | 68 | 73 |
| Quarteira · 96c445 | Active | €285,000 | €3,701 | 13.7% | 65 | 68 |
| Quarteira · 6fb9aa | Active | €304,500 | €2,819 | 13.4% | — | 74 |
| Median comp | €312,250 | €2,963 | 9.0% | 68 | 71 |
Short-term vacation rental The significant gap of 48.1% between the asking price of €280,000 and the fair value of €414,609 indicates a potential for high returns in the short-term vacation rental market. Coupled with a gross yield of 4.9% in the tourism-driven Algarve region, this property could attract consistent rental demand from holidaymakers. Buy-and-hold With a fair value substantially higher than the listing price, this property presents a compelling opportunity for a buy-and-hold strategy, benefiting from both capital appreciation and a steady income stream. The commendable neighbourhood rating of 70/100 further suggests solid long-term investment potential in a stable area reinforced by tourism. Family rental The property is well-suited for family rental, especially given the favourable yield of 4.9% and strong local amenities that appeal to families. The decent condition rating of 62/100 also supports the attractiveness of the property as a long-term home for tenants while bridging the gap to fair market value. Not ideal for: Student housing Not ideal for: Luxury market Not ideal for: Industrial investment
[Economic Vulnerability] With an economic stability score of 60/100, there is a significant risk of economic downturns affecting tenant retention and payment reliability.
