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, 3-bathroom apartment of 102 m², built in 2009, energy rating B. Located Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: This top-floor apartment includes a covered terrace with stunning north-west views of the surrounding hills and features a fully equipped gym and indoor heated pool for enhanced leisure. Other Details: The Residences complex offers a children's playground and pool bar, ensuring a family-friendly environment.
The valuation. The asking price of €695,000 is significantly above its fair value of €518,854, with a discrepancy of €176,146 (25.3%). This property is considered overpriced. Buy-to-flip angle. The strategy for resale would focus on renovating the property to enhance its appeal, targeting a sales price that could recoup renovation costs and attract buyers seeking upscale living near the Algarve. Buy-to-let angle. With a gross yield of 0%, transforming the apartment into a short-term vacation rental could capitalize on the Algarve's tourism, maximizing rental income potential in a sought-after location.
Fair value modelled at €518,854 from the area baseline, adjusted for condition and location. Asking €695,000 sits €176,146 (25.3%) above — overpriced versus fair value.
Asking €695,000 versus the Quarteira, Loulé, Faro area baseline of €477,972 (€4,686/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 78 · Materials 82 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 69/100 (Housing Market 70 · Amenities 68 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Quarteira, Loulé, Faro
Area baseline €477,972 + condition +€8,288 + location +€36,062 = modelled fair value of €518,854 (€5,087/m²), a €176,146 (25.3%) gap versus the €695,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · 4a803d | Subject | €695,000 | €6,814 | — | 78 | 69 |
| Quarteira · 82c63d | Active | €850,000 | €5,380 | 21.0% | 85 | 75 |
| Quarteira · 023b87 | Active | €650,000 | €5,556 | 18.5% | 75 | 69 |
| Quarteira · 1e61cb | Active | €895,000 | €6,393 | 6.2% | 80 | 68 |
| Quarteira · 82c6e2 | Active | €650,000 | €5,417 | 20.5% | — | 72 |
| Median comp | €750,000 | €5,487 | 19.5% | 80 | 71 |
Short-term vacation rental The 3-bed apartment in Quarteira is overpriced at €695,000, significantly above its fair value of €518,854, resulting in a 25.3% gap. With a gross yield of 0%, the current price point does not offer a feasible return for short-term vacation rental investors. Buy-and-hold At a listing price of €695,000, the property fails to present an attractive buy-and-hold opportunity as it is overpriced compared to the fair value of €518,854. The anticipated appreciation in value does not justify the 25.3% premium, making it a less favorable long-term investment. Family rental The Quarteira apartment is overpriced at €695,000, overstepping its fair value of €518,854 by 25.3%. Given the absence of a gross yield and the overall pricing, it doesn't align with the expectations for a family rental strategy focused on yield and value growth.
Economic Vulnerability With an economic stability score of 65/100, there is a heightened risk that economic fluctuations could impact property values and rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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