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, 1-bathroom apartment of 76 m², energy rating C. Located on rua do Leste, 4, Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: The apartment includes two private parking spaces, ensuring secure vehicle storage, and offers excellent potential for income generation through the conversion of a closed balcony into a third bedroom or office.
The valuation. The asking price of €410,000 is significantly above the fair value of €363,667, presenting an overpricing of €46,333 (11.3%). This suggests that the property is not competitively priced in the current market.
Fair value modelled at €363,667 from the area baseline, adjusted for condition and location. Asking €410,000 sits €46,333 (11.3%) above — overpriced versus fair value.
Asking €410,000 versus the rua do Leste, 4 area baseline of €356,136 (€4,686/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 60/100 (Condition 60 · Materials 55 · Room dimensions 66). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua do Leste, 4
Area baseline €356,136 + condition -€18,169 + location +€28,284 = modelled fair value of €363,667 (€4,785/m²), a €46,333 (11.3%) gap versus the €410,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Leste, 4 | Subject | €410,000 | €5,395 | — | 60 | 70 |
| Quarteira · 49b88b | Active | €375,000 | €4,934 | 8.5% | 60 | 67 |
| Quarteira · 65a722 | Active | €550,000 | €6,471 | 19.9% | 70 | 71 |
| Quarteira · 96c445 | Active | €285,000 | €3,701 | 31.4% | 65 | 68 |
| Quarteira · 4d44d4 | Active | €375,000 | €5,515 | 2.2% | 70 | 66 |
| Median comp | €375,000 | €5,225 | 3.2% | 68 | 68 |
Long-term rental The 2-bed apartment in Quarteira is priced at €410,000, which is 11.3% above its fair value of €363,667, making it an overpriced investment. With a gross yield of only 4.1% and a neighborhood rating of 70/100, the potential for long-term rental profitability is limited. Short-term vacation rental Despite the Algarve's appeal for tourism, this property is listed at €410,000, which is 11.3% higher than the identified fair value of €363,667, indicating it is overpriced. The combination of a 4.1% gross yield and a condition rating of 60/100 suggests that this apartment may not attract sufficient short-term rental income to justify its asking price. Buy-and-hold The apartment in Quarteira is currently priced at €410,000, reflecting a gap of 11.3% from its fair value of €363,667, rendering it overpriced for a buy-and-hold strategy. The economic volatility associated with the region's heavy reliance on tourism further diminishes the attractiveness of this investment over the long term.
Economic Vulnerability: With an economic stability score of 65/100, the property faces heightened risk due to potential fluctuations in local economic conditions that could lead to reduced rental income. Tenant Vulnerability: The tenant stability score of 70/100 suggests some risk of turnover, potentially impacting cash flow if vacancies occur.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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