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.
3-bedroom, 2-bathroom apartment of 135 m², energy rating F. Located Quarteira parish, Loulé municipality, Faro district. This top-floor apartment offers unobstructed views and multiple balconies, enhancing outdoor living space and providing abundant natural light.
The valuation. The asking price of €450,000 sits below the fair value of €551,265, indicating a potential discount of €101,265 (22.5%). This property is underpriced based on the current market assessment.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · 4a7d77 | Subject | €450,000 | €3,333 | — | — | 74 |
| Quarteira · 261cb3 | Active | €450,000 | €3,333 | 0% | — | 68 |
| Quarteira · 25f656 | Active | €320,000 | €2,712 | 18.6% | 72 | 65 |
| rua Paul Harris S / N | Active | €290,000 | €3,333 | 0% | 60 | 74 |
| avenida de Ceuta | Active | €455,000 | €2,600 | 22.0% | 70 | 70 |
| Median comp | €385,000 | €3,023 | 9.3% | 70 | 69 |
Short-term vacation rental The property presents an attractive opportunity for short-term vacation rental, with a robust tourism-driven economy that supports a strong demand for vacation accommodation. Given its fair value projection, the current listing price suggests a potential yield of 4.6%, enhancing the attractiveness of this investment strategy. Buy-and-hold Acquiring this 3-bedroom apartment as a buy-and-hold asset offers the potential for appreciation due to an identified gap of 22.5% between listing price and fair value. This strategy leverages the solid neighborhood rating of 74/100, indicative of a desirable location for long-term capital growth. Value-add renovation The property currently requires significant renovations (condition rating of 0/100), representing an opportunity for value-add renovation that could enhance both rental income and overall property valuation. With the existing price being lower than its fair value, strategic improvements could yield substantial returns in a market characterized by high tourist interest. Not ideal for student housing The property is not suitable for student housing given the seasonal nature of the local economy and the potential instability in tenant quality and demand. This market's focus on tourism means that other investment strategies are likely to yield better results. Not ideal for luxury market Entering the luxury market with this property would not be advisable due to its current condition and the economic dynamics of the area. While location is favorable, the renovation needs limit its appeal to higher-end buyers. Not ideal for long-term rental Investing in this property for long-term rentals may not be optimal because of the fluctuations in seasonal employment and tenant stability that can impact rental yields. The focus on vacation rentals would better align with the local market's strengths.
Economic Vulnerability High economic stability score of 65/100 indicates potential susceptibility to economic downturns, which could negatively affect tenant retention and rental income.