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, 2-bathroom apartment of 131 m² on the 2nd floor, built in 2010, energy rating C. Located on rua José Maria de Pádua, Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: The apartment boasts a well-designed balcony that provides both leisure space and enhanced natural light, complementing the high-quality modern finishes in the living areas.
The valuation. The asking price of €380,000 is significantly below the fair value of €660,621, indicating a discount of €280,621 or 73.8%. The property is clearly underpriced, presenting a rare opportunity for investors.
Fair value modelled at €660,621 from the area baseline, adjusted for condition and location. Asking €380,000 sits €280,621 (73.8%) below — the upside to fair value.
Asking €380,000 versus the rua José Maria de Pádua area baseline of €613,866 (€4,686/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 79 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 65 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua José Maria de Pádua
Area baseline €613,866 + condition +€2,456 + location +€48,753 = modelled fair value of €660,621 (€5,043/m²), a €280,621 (73.8%) gap versus the €380,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua José Maria de Pádua | Subject | €380,000 | €2,901 | — | 72 | 70 |
| rua do Farol | Active | €350,000 | €2,047 | 29.4% | 68 | 73 |
| Quarteira · 6fbbdf | Active | €490,000 | €3,161 | 9.0% | 74 | 65 |
| Quarteira · 001a1f | Active | €339,000 | €3,324 | 14.6% | 75 | 70 |
| avenida de Ceuta | Active | €340,000 | €3,333 | 14.9% | 78 | 70 |
| Median comp | €345,000 | €3,243 | 11.8% | 75 | 70 |
Short-term vacation rental With a substantial gap of 73.8% between the listing price of €380,000 and the fair value of €660,621, this property presents an opportunity to capitalize on the thriving tourism sector in Quarteira. The gross yield of 4.5% further enhances its attractiveness as a short-term vacation rental, appealing to tourists seeking comfortable accommodations in a desirable location. Long-term rental The apartment's favorable pricing relative to its fair market value indicates strong potential for consistent long-term rental income in a region heavily influenced by tourism. With a decent condition score of 76/100, this property can attract reliable tenants seeking a comfortable home in the Algarve’s vibrant community. Buy-and-hold Investing in this property allows for capital appreciation potential due to the significant disparity in valuations, combined with the appeal of the Algarve as a long-term residential hotspot. The 70/100 neighbourhood rating suggests that, while there are some areas for improvement, the overall environment supports a positive investment outlook for buy-and-hold strategies.
Economic Vulnerability With an economic stability score of 65/100 and a tenant stability score of 70/100, there is a risk that fluctuations in the local economy could lead to increased vacancy rates or lower tenant retention, negatively impacting rental income.
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