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, 2-bathroom apartment of 155 m², built in 2003, energy rating C. Located Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: The apartment includes two enclosed balconies, enhancing its livable space while offering captivating sea views and a serene outdoor environment ideal for relaxation. Características Notáveis: O apartamento inclui duas varandas fechadas, aumentando o seu espaço habitável enquanto oferece vistas deslumbrantes do mar e um ambiente exterior sereno ideal para relaxamento.
The valuation. The asking price of €490,000 is significantly below the fair value of €767,714, showcasing a potential discount of €277,714 (56.7%). This property is clearly underpriced, presenting an attractive opportunity for investors. Buy-to-flip angle. The buy-to-flip strategy focuses on acquiring this apartment, enhancing its appeal through minor renovations, and quickly reselling it in a robust market. Given the fair condition, the potential for profit from a well-timed flip is considerable. Buy-to-let angle. For a buy-to-let investment, rental income can achieve approximately €1,674 per month, resulting in a gross yield of 4.1%. Considering the high demand for short-term rentals in the Algarve, this strategy promises consistent cash flow for the investor.
Fair value modelled at €767,714 from the area baseline, adjusted for condition and location. Asking €490,000 sits €277,714 (56.7%) below — the upside to fair value.
Asking €490,000 versus the Quarteira, Loulé, Faro area baseline of €721,060 (€4,652/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 74 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 65/100 (Housing Market 75 · Amenities 65 · Economic 50 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Quarteira, Loulé, Faro
Area baseline €721,060 + condition +€3,391 + location +€43,264 = modelled fair value of €767,714 (€4,953/m²), a €277,714 (56.7%) gap versus the €490,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · 6fbbdf | Subject | €490,000 | €3,161 | — | 74 | 65 |
| rua do Farol | Active | €350,000 | €2,047 | 35.3% | 68 | 73 |
| Quarteira · 1e63bf | Active | €545,000 | €3,244 | 2.6% | 72 | 65 |
| avenida de Ceuta In Quarteira | Active | €320,000 | €3,107 | 1.7% | 72 | 66 |
| Quarteira · 001a1f | Active | €339,000 | €3,324 | 5.1% | 75 | 70 |
| Median comp | €344,500 | €3,176 | 0.4% | 72 | 68 |
Short-term vacation rental The property in Quarteira presents an attractive opportunity for short-term vacation rentals, with a fair value 56.7% above the listing price, indicating its potential as a profitable investment in a prime tourist area. With a gross yield of 4.1%, the location's seasonal economy can further enhance rental income during peak tourist seasons. Buy-and-hold This 2-bed apartment represents a solid buy-and-hold strategy as it is significantly underpriced relative to its fair value of €767,714, offering substantial equity appreciation potential over time. The credible condition rating of 76/100 ensures that the property remains appealing to future buyers or renters in the growing Algarve market. Value-add renovation Considering the existing condition score of 76/100, investing in value-add renovations could greatly enhance the property's rental appeal and future resale value; this strategy is supported by the 56.7% gap to the fair value. With strategic upgrades, the apartment can command higher rents, capitalizing on both the strong tourist demand and improving neighborhood desirability.
Economic vulnerability With an economic stability score of 50/100, there is a significant risk of fluctuating market conditions adversely impacting property value and rental income.
