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 52 m², energy rating F. Located Quarteira parish, Loulé municipality, Faro district. Unique Feature: The apartment includes two dedicated parking spaces, enhancing convenience in a prime location just steps from the Vilamoura Marina, ideal for both residents and renters.
The valuation. The asking price of €298,000 sits significantly above the fair value of €253,013, indicating a disparity of €44,987 (15.1%). Verdict: overpriced. Buy-to-flip angle. Given the current price, reselling after minor renovations for potential market value may yield limited returns, as the investment exceeds fair value. Buy-to-let angle. At a gross yield of 3% and an estimated rental income of €745 per month, this property offers modest returns, appealing mainly for stable long-term rental in the tourist-friendly Algarve region.
Fair value modelled at €253,013 from the area baseline, adjusted for condition and location. Asking €298,000 sits €44,987 (15.1%) above — overpriced versus fair value.
Asking €298,000 versus the Quarteira, Loulé, Faro area baseline of €243,672 (€4,686/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 (Condition 75 · Materials 70 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 64/100 (Housing Market 70 · Amenities 60 · Economic 55 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Quarteira, Loulé, Faro
Area baseline €243,672 + condition -€2,438 + location +€13,547 = modelled fair value of €253,013 (€4,866/m²), a €44,987 (15.1%) gap versus the €298,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · 4d4082 | Subject | €298,000 | €5,731 | — | 75 | 64 |
| Quarteira · 38b183 | Active | €259,000 | €4,709 | 17.8% | 80 | 70 |
| Quarteira · 65a71e | Active | €380,000 | €5,000 | 12.8% | 74 | 70 |
| Quarteira · dee5f0 | Active | €495,000 | €5,266 | 8.1% | — | 71 |
| avenida de Quarteira | Active | €220,000 | €4,400 | 23.2% | — | 63 |
| Median comp | €319,500 | €4,855 | 15.3% | 77 | 70 |
Short-term vacation rental The property is priced 15.1% above its fair value, which limits potential profit margins in the competitive vacation rental market of Quarteira. A gross yield of 3% is insufficient to attract investors given the seasonal rental fluctuations typical of the Algarve region. Long-term rental Due to its overpriced status, the potential for stable long-term rental income may not justify the investment at the current listing price. With a moderate neighborhood rating of 64/100, tenant demand might not be strong enough to support this investment at €298,000. Buy-and-hold The property’s valuation above fair value suggests that a long-term buy-and-hold investment strategy is not advisable at this time. Given its average condition rating of 72/100, the potential for significant appreciation is limited, especially with the current market price. Not ideal for This property is poorly suited for student housing due to its higher price point and proximity to more affordable alternatives. Furthermore, it lacks appeal for the luxury market and potential value-add renovation opportunities that can enhance property value in the long run.
Potential Tenant Turnover The economic stability score of 55/100 indicates a risk of potential tenant turnover due to weak local economic conditions, which may affect rental income stability and tenant retention.
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