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 1990, energy rating D. Located on avenida Sá Carneiro, Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: This apartment features a bright living room with large windows that provide stunning sea views, creating a perfect ambiance for relaxation and enjoyment of coastal living.
The valuation. The asking price of €245,000 sits below the fair value of €273,104, indicating the property is subvalued by €28,104 (11.5%). This presents a strong investment opportunity for discerning buyers.
Fair value modelled at €273,104 from the area baseline, adjusted for condition and location. Asking €245,000 sits €28,104 (11.5%) below — the upside to fair value.
Asking €245,000 versus the avenida Sá Carneiro area baseline of €270,032 (€4,822/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 (Condition 65 · Materials 60 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 70 · Amenities 75 · Economic 65 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
avenida Sá Carneiro
Area baseline €270,032 + condition -€11,375 + location +€23,967 = modelled fair value of €273,104 (€4,877/m²), a €28,104 (11.5%) gap versus the €245,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Sá Carneiro | Subject | €245,000 | €4,375 | — | 65 | 73 |
| Quarteira · 0dce40 | Active | €325,000 | €4,114 | 6.0% | 58 | 69 |
| praça Banco Português do Atlântico, 806 | Active | €218,000 | €4,360 | 0.3% | 60 | 70 |
| Quarteira · b7b854 | Active | €420,000 | €3,818 | 12.7% | 65 | 59 |
| rua do Forte Novo | Active | €350,000 | €4,430 | 1.3% | 72 | 71 |
| Median comp | €337,500 | €4,237 | 3.2% | 63 | 70 |
Short-term vacation rental This 1-bed apartment in Quarteira is well-positioned for short-term vacation rentals, with a fair value of €273,104 representing a significant gap of 11.5% from the listing price of €245,000. The 4.2% gross yield, combined with the area's reliance on tourism, makes this an appealing investment for seasonal rental opportunities. Long-term rental With a strong fair value indication, this apartment can be effectively utilized for long-term rental, especially given the neighborhood's safety and amenities contributing to tenant quality. The 4.2% gross yield is reasonable for steady cash flow, although the somewhat lower condition rating of 62/100 should be factored into ongoing maintenance costs. Buy-and-hold Investing in this apartment as a buy-and-hold strategy is supported by its subvalued listing price relative to fair value, facilitating potential future appreciation. However, investors should remain attentive to the seasonal nature of the local economy, which could impact overall returns over time. Not ideal for: Student housing This property is not ideally suited for student housing, given the absence of educational institutions in proximity and the preference for seasonal rentals in the tourist-centric area. Not ideal for: Industrial use The apartment is unsuitable for industrial use due to its residential nature and location within a tourism-focused neighborhood, which emphasizes hospitality over commerce.
Economic Sensitivity The economic stability score of 65 indicates a moderate risk of economic fluctuations affecting rental income, which may lead to potential revenue volatility for the property.