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 56 m², built in 1988, energy rating D. Located on caminho da Lebre, Quarteira parish, Loulé municipality, Faro district. This apartment offers a spacious balcony ideal for outdoor relaxation, and its proximity to Vilamoura marina enhances its investment appeal despite a modest interior size.
The valuation. The asking price of €300,000 sits €25,472 (8.5%) above the fair value of €274,528, indicating that the property is overpriced. Investors should consider this discrepancy carefully before proceeding with any potential purchase.
Fair value modelled at €274,528 from the area baseline, adjusted for condition and location. Asking €300,000 sits €25,472 (8.5%) above — overpriced versus fair value.
Asking €300,000 versus the caminho da Lebre area baseline of €260,512 (€4,652/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 70 · Materials 65 · Room dimensions 67). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 72 · Amenities 78 · Economic 65 · Tenant Quality 67). Strong amenities and housing-market momentum support a premium to baseline.
caminho da Lebre
Area baseline €260,512 + condition -€6,825 + location +€20,841 = modelled fair value of €274,528 (€4,902/m²), a €25,472 (8.5%) gap versus the €300,000 asking price.
Short-term vacation rental The property is priced at €300,000, which is 8.5% above the fair value of €274,528. This elevated listing price, combined with a gross yield of only 3%, limits its attractiveness for short-term vacation rentals, particularly in a competitive tourist market like the Algarve. Long-term rental With a listing price significantly above its fair value, this property presents a challenge for securing long-term tenants against more competitively priced alternatives. The gross yield of 3% suggests that rental income may not sufficiently offset the high acquisition cost, making it less viable for long-term leasing. Buy-and-hold Despite the potential for appreciation in the tourist-driven Algarve region, the current price of €300,000 is not aligned with its fair value, casting doubt on future profitability for buy-and-hold investors. The 67/100 condition score indicates that while the property is decent, it may require additional investment to enhance value, further complicating the buy-and-hold strategy in this overpriced context.
Economic Sensitivity The investment may face risks due to the moderate economic stability score of 65/100, which suggests potential vulnerability to market fluctuations and economic downturns impacting tenant retention and rental income.