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, 4-bathroom house of 139 m², built in 1981, energy rating F. Located on caminho das Searas, 14, Quarteira parish, Loulé municipality, Faro district. This property includes a spacious terrace with stunning views of the Old Course Dom Pedro golf course, enhancing outdoor living and entertainment options.
The valuation. The asking price of €800,000 is above its fair value of €745,198, resulting in an overpricing of €54,802 (6.9%). This indicates that potential investors should be cautious about acquiring this property at its current listing price.
Fair value modelled at €650,477 from 5 comparable sales in the area. Asking €800,000 sits €149,523 (23.0%) above — overpriced versus fair value.
Asking €800,000 versus the caminho das Searas, 14 area baseline of €588,490 (€4,234/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €588,490, adjusted for condition and micro-location, gives a modelled fair value of €650,477 (€4,680/m²), a €149,523 (23.0%) gap versus the €800,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| caminho das Searas, 14 | Subject | €800,000 | €5,755 | — | 89 | 73 |
| Quarteira · 7e0ff6 | Active | €1,350,000 | €5,625 | 2.3% | 92 | — |
| rua das Mélias | Active | €599,000 | €4,680 | 18.7% | 76 | 68 |
| rua das Mélias | Active | €599,000 | €3,791 | 34.1% | 76 | 70 |
| Quarteira · 2fcd9e | Active | €1,100,000 | €3,667 | 36.3% | 75 | 70 |
| Median comp | €849,500 | €4,236 | 26.4% | 76 | 70 |
Short-term vacation rental The property’s listing price of €800,000 far exceeds its fair value of €745,198, indicating it is overpriced for short-term vacation rental use. Given the 3.1% gross yield, which is relatively low for the Algarve tourist region, this investment could struggle to produce satisfactory cash flows. Buy-and-hold Despite the potential for long-term appreciation in the Algarve housing market, the current asking price of €800,000 suggests that this property is overpriced relative to its fair value of €745,198. The yield of 3.1% coupled with the neighbourhood rating of 73/100 raises concerns about the long-term viability of rental income. Value-add renovation The property condition rated at 85/100 suggests that it is in generally good shape; however, the €800,000 listing price remains above the fair value of €745,198, positioning it as overpriced for value-add renovation strategies. Any renovations would have to significantly enhance value to justify the investment at this inflated price point.
Economic Volatility Risk The economic stability score of 65/100 indicates a moderate level of risk, suggesting potential fluctuations in local economic conditions that could impact property value and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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