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 apartment of 156 m², built in 2021, energy rating A+. Located on rua das Pimenteiras, Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: This apartment's recessed balconies and dual-aspect design significantly enhance privacy while providing extensive garden and pool views, ensuring a tranquil outdoor experience throughout the day.
The valuation. The asking price of €860,000 is €50,925 (5.9%) above the fair value of €809,075, indicating that the property is overpriced. This valuation suggests that potential investors should approach with caution.
Fair value modelled at €809,075 from the area baseline, adjusted for condition and location. Asking €860,000 sits €50,925 (5.9%) above — overpriced versus fair value.
Asking €860,000 versus the rua das Pimenteiras area baseline of €731,016 (€4,686/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 (Condition 82 · Materials 88 · Room dimensions 84). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 72/100 (Housing Market 80 · Amenities 75 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua das Pimenteiras
Area baseline €731,016 + condition +€19,500 + location +€63,863 = modelled fair value of €809,075 (€5,186/m²), a €50,925 (5.9%) gap versus the €860,000 asking price.
Short-term vacation rental The 3-bed apartment in Quarteira is priced 5.9% above its fair value, making it a less attractive option for investors seeking short-term vacation rentals given the lower yield of 3%. With the neighborhood rating at 72/100, it may not generate the desired demand for vacation tourists. Long-term rental At a listing price of €860,000, the property presents a gap of 5.9% above fair value, which diminishes potential returns for a long-term rental strategy. The gross yield of 3% is relatively low for the competitive landscape of the Algarve, suggesting that long-term tenants may be less willing to pay a premium. Buy-and-hold Although the property is located in a popular region, being overpriced by 5.9% limits its appeal for a buy-and-hold investment strategy. The solid condition score of 85/100 does not compensate for the lack of value captured in the initial investment, affecting potential appreciation over time.
Economic Vulnerability The economic stability score of 65 indicates potential susceptibility to market fluctuations, which could impact rental income or property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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