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.
1-bedroom, 1-bathroom apartment of 53 m², built in 1985, energy rating D. Located on rua Manuel Faria, Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: The apartment's renovation highlights high-quality bathroom fixtures and an efficient layout, while its location offers immediate access to local markets and the Quarteira Boardwalk. Additional Context: Ideal for both permanent residence and vacation. Valuation Verdict: Fair.
The valuation. The asking price of €295,000 is significantly above fair value, which is estimated at €258,963. This results in an overpriced status of €36,037, translating to 12.2% above fair market value.
Fair value modelled at €258,963 from the area baseline, adjusted for condition and location. Asking €295,000 sits €36,037 (12.2%) above — overpriced versus fair value.
Asking €295,000 versus the rua Manuel Faria area baseline of €246,556 (€4,652/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 75 · Materials 76 · Room dimensions 74). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 63/100 (Housing Market 70 · Amenities 60 · Economic 55 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Manuel Faria
Area baseline €246,556 + condition -€414 + location +€12,821 = modelled fair value of €258,963 (€4,886/m²), a €36,037 (12.2%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Manuel Faria | Subject | €295,000 | €5,566 | — | 75 | 63 |
| Quarteira · 6d5534 | Active | €330,000 | €6,875 | 23.5% | 80 | 60 |
| praça Banco Português do Atlântico, 5 | Active | €237,500 | €4,948 | 11.1% | 78 | 74 |
| rua dos Estados Unidos da América | Active | €360,000 | €4,865 | 12.6% | 70 | 70 |
| Quarteira · 1e606b | Active | €445,000 | €6,357 | 14.2% | 74 | 71 |
| Median comp | €345,000 | €5,653 | 1.6% | 76 | 71 |
Short-term vacation rental The current listing price of €295,000 reflects a 12.2% gap from the fair value of €258,963, indicating that the property is overpriced for a short-term vacation rental strategy. With a gross yield of only 3.9%, the investment returns may not justify the premium price in a tourist-driven area. Long-term rental Given that the property is priced above its fair value, a long-term rental strategy would likely struggle to achieve satisfactory returns in light of the 3.9% gross yield. The 75/100 condition and a mediocre neighbourhood rating of 63/100 suggest that tenant demand may be weaker than anticipated, further complicating a long-term investment approach. Buy-and-hold Investing in this property with a buy-and-hold strategy is not ideal due to its overpricing, with €295,000 exceeding the fair value by 12.2%. Although the area's tourism economy is promising, the yield of 3.9% and the general market conditions do not support a sound long-term investment case at the current price point.
Economic Volatility Risk: With an economic stability score of 55/100, the property may face unpredictable market conditions that could affect rental income and property value.
