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 93 m² on the 1st floor, built in 2003, energy rating B. Located on rua das Pimenteiras, Quarteira parish, Loulé municipality, Faro district. This apartment features a spacious balcony with a built-in barbecue, perfect for outdoor entertaining with a view.
The valuation. The asking price of €478,000 sits 2.9% above the fair value of €464,235, indicating that the property is overpriced. This discrepancy suggests caution for potential investors regarding immediate equity gain.
Fair value modelled at €464,235 from the area baseline, adjusted for condition and location. Asking €478,000 sits €13,765 (2.9%) above — overpriced versus fair value.
Asking €478,000 versus the rua das Pimenteiras area baseline of €435,798 (€4,686/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 74 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 67/100 (Housing Market 70 · Amenities 60 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua das Pimenteiras
Area baseline €435,798 + condition +€2,180 + location +€29,419 = modelled fair value of €464,235 (€4,992/m²), a €13,765 (2.9%) gap versus the €478,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua das Pimenteiras | Subject | €478,000 | €5,140 | — | 74 | 67 |
| Quarteira · dee4bf | Active | €585,000 | €5,318 | 3.5% | 91 | 71 |
| rua Luis de Camoes, 71 | Active | €375,000 | €5,357 | 4.2% | 78 | 69 |
| Quarteira · 28b730 | Active | €595,000 | €6,398 | 24.5% | 80 | 74 |
| rua de Volta da Garça | Active | €470,000 | €5,875 | 14.3% | 70 | 72 |
| Median comp | €527,500 | €5,616 | 9.3% | 79 | 72 |
Short-term vacation rental The property is overpriced at €478,000, with a fair value of €464,235, indicating a mere 2.9% gap. While Quarteira's tourism can stabilize rental demand, the gross yield of 3.1% shows limited profitability potential for short-term rentals. Buy-and-hold At a listing price of €478,000, this property exceeds its fair value by 2.9%, making it a high-entry point for buy-and-hold investors. The neighborhood's decent scores in stability and amenities suggest some long-term potential, but the low yield of 3.1% may deter consistent returns. Value-add renovation With an asking price of €478,000, the property is overpriced against its fair value of €464,235, which poses a challenge for value-add strategies focused on improving rental income. Given the 77/100 condition score, there may be some renovation opportunities, but investors should proceed cautiously due to the limited anticipated yield of 3.1%. Not ideal for The property is not suited for student housing or the luxury market as the neighborhood, while stable, lacks qualities required for these segments. Its higher pricing relative to fair value suggests a misalignment with the financial expectations typical in these markets.
Economic Vulnerability A score of 65/100 for economic stability indicates a moderate risk due to potential fluctuations in the local economy that could impact tenant demand and rental income stability.
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