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 99 m², energy rating C. Located on rua da Alagoa, Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: This apartment's advantageous dual-aspect design enhances natural light and ventilation, while the enclosed sunroom balcony adds functional versatility for additional living space. Investment Potential: Ideal for both personal use or rental with strong market appeal.
The valuation. The asking price of €515,000 is above the fair value of €485,776, indicating the property is overpriced by €29,224 (5.7%). This disparity suggests potential negotiation leverage for a buyer.
Fair value modelled at €485,776 from the area baseline, adjusted for condition and location. Asking €515,000 sits €29,224 (5.7%) above — overpriced versus fair value.
Asking €515,000 versus the rua da Alagoa area baseline of €463,914 (€4,686/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 (Condition 72 · Materials 63 · Room dimensions 67). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua da Alagoa
Area baseline €463,914 + condition -€13,458 + location +€38,686 = modelled fair value of €485,776 (€4,907/m²), a €29,224 (5.7%) gap versus the €515,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Alagoa | Subject | €515,000 | €5,202 | — | 72 | 71 |
| Quarteira · 65a722 | Active | €550,000 | €6,471 | 24.4% | 70 | 71 |
| rua do Leste, 4 | Active | €410,000 | €5,395 | 3.7% | 60 | 70 |
| Quarteira · 4d44d4 | Active | €375,000 | €5,515 | 6.0% | 70 | 66 |
| Quarteira · d7a3fd | Active | €595,000 | €6,398 | 23.0% | 75 | 73 |
| Median comp | €480,000 | €5,957 | 14.5% | 70 | 71 |
Short-term vacation rental The property’s proximity to the coast, a key feature of the Algarve, could attract tourists, but the gross yield of 2.7% reflects that this investment is overpriced at €515,000 compared to its fair value of €485,776. With a condition rating of 66/100, further investment may be necessary to meet the expectations of vacation renters seeking quality accommodations. Long-term rental Considering a long-term rental strategy may not yield significant returns, as the 2.7% gross yield indicates that the property is overpriced at its current listing price of €515,000, higher than the fair value of €485,776. Additionally, the neighbourhood rating of 71/100 suggests that while decent, it may not command the rents necessary to justify this price point. Family rental While the apartment could serve as a family rental due to its size, the 2.7% gross yield shows that the property is overpriced at €515,000, exceeding its fair value of €485,776. Families often seek better value for money and might be deterred by such a high price relative to conditions and amenities available in the area.
Economic Vulnerability The economic stability score of 65/100 indicates potential fluctuations in local economic conditions that could adversely affect rental demand and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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