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 176 m² on the 2nd floor, built in 2008, energy rating C. Located on urbanização Palm Village, Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: This apartment features a large balcony perfect for entertaining, along with access to a private condominium's well-maintained gardens and a swimming pool, adding to its appeal.**
The valuation. The asking price of €595,000 sits significantly below the fair value of €880,327, presenting an opportunity that is underpriced by €285,327, or 48.0%. This discrepancy highlights potential value for future investment. Buy-to-flip angle. The ideal resale strategy focuses on cosmetic upgrades to modernize the dated decor, aiming for a profitable flip, capitalizing on the area’s strong tourism appeal and potential housing demand. Buy-to-let angle. With an estimated gross yield of 4.4%, generating approximately €2,182 per month, the property is well-positioned for consistent rental income through short-term vacation stays, leveraging the thriving tourism market of Quarteira.
Fair value modelled at €880,327 from the area baseline, adjusted for condition and location. Asking €595,000 sits €285,327 (48.0%) below — the upside to fair value.
Asking €595,000 versus the urbanização Palm Village area baseline of €824,736 (€4,686/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 70 · Materials 75 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 78 · Amenities 72 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
urbanização Palm Village
Area baseline €824,736 + condition -€13,750 + location +€75,325 = modelled fair value of €880,327 (€5,002/m²), a €285,327 (48.0%) gap versus the €595,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| urbanização Palm Village | Subject | €595,000 | €3,381 | — | 70 | 73 |
| Quarteira · 65a6e2 | Active | €615,000 | €3,618 | 7.0% | 78 | 72 |
| rua da Moura Lidia | Active | €499,000 | €4,158 | 23.0% | 72 | 72 |
| Quarteira · 6d5474 | Active | €599,000 | €3,915 | 15.8% | 80 | 72 |
| rua das Cássias, 1 | Active | €449,000 | €4,490 | 32.8% | 70 | 74 |
| Median comp | €549,000 | €4,037 | 19.4% | 75 | 72 |
Short-term vacation rental The 2-bed apartment in Quarteira represents a lucrative opportunity for short-term vacation rentals, given its fair value of €880,327 and listing price of €595,000 reflecting a significant gap of 48.0%. With a gross yield of 4.4% and a neighbourhood score of 73/100, the property's appeal to tourists underscores its potential for high occupancy rates. Family rental This property is well-suited for family rentals, as it boasts a generous living space of 176m² and a favourable yield of 4.4%. The combination of its subvalued price and the area's amenities suggests strong potential for attracting long-term tenants, enhancing rental stability. Buy-and-hold Investing in this Quarteira apartment as a buy-and-hold strategy appears promising, with a fair market valuation significantly exceeding its listing price by 48%. The robust tourism-driven economy of the Algarve region further supports the long-term appreciation potential of this property, making it a compelling investment.
Tenant turnover risk The tenant stability score of 75/100 suggests a relatively stable tenant base, but the economic stability score of 65/100 indicates potential fluctuations in tenant retention due to economic factors.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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