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.
3-bedroom, 3-bathroom apartment of 200 m², built in 2009, energy rating B. Located Quarteira parish, Loulé municipality, Faro district. This apartment provides exclusive access to a private swimming pool and landscaped gardens within a tranquil condominium, enhancing its appeal for leisure and relaxation.
The valuation. The asking price of €595,000 sits €63,937 (9.7%) below the fair value of €658,937, indicating the property is subpriced relative to market expectations. This creates an advantageous entry point for prospective investors. Buy-to-flip angle. The strategy for resale involves a focus on cosmetic renovations to enhance appeal and subsequently listing the property at an anticipated higher price for quick turnover. Targeting the tourist market further amplifies potential profit margins. Buy-to-let angle. Given the Algarve's tourist appeal, implementing a short-term vacation rental strategy can generate significant rental income, despite the current gross yield being estimated at 0%. Adaptability in rental approaches can maximize profitability year-round.
Fair value modelled at €817,610 from 5 comparable sales in the area. Asking €595,000 sits €222,610 (27.2%) below — the upside to fair value.
Asking €595,000 versus the Quarteira, Loulé, Faro area baseline of €779,451 (€3,897/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €779,451, adjusted for condition and micro-location, gives a modelled fair value of €817,610 (€4,088/m²), a €222,610 (27.2%) gap versus the €595,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · 468116 | Subject | €595,000 | €2,975 | — | 79 | 69 |
| Quarteira · 834183 | Active | €595,000 | €3,967 | 33.3% | 75 | 65 |
| Quarteira · 7e0ed3 | Active | €650,000 | €4,088 | 37.4% | 85 | — |
| Quarteira · 7c2469 | Active | €1,050,000 | €4,303 | 44.6% | 84 | — |
| caminho da Fonte do Ulme | Active | €749,000 | €4,406 | 48.1% | 85 | 66 |
| Median comp | €699,500 | €4,196 | 41.0% | 85 | 66 |
Short-term vacation rental This property is ideal for short-term vacation rentals, as it is located in the Algarve, a region renowned for its tourism and beach access. With a current fair value of €658,937, the property's listing price of €595,000 presents a 9.7% gap that can attract investors aiming to profit from seasonal rental demand. Buy-and-hold Investing in this 3-bed apartment offers significant potential as a buy-and-hold strategy, given its location in a popular tourist destination. The property is currently subvalued, providing an excellent opportunity for capital appreciation over time as the demand for housing in coastal areas continues to grow. Value-add renovation This property presents a compelling value-add renovation opportunity, as its condition rating of 78/100 indicates room for improvement. With the apartment's fair value considerably higher than its listing price, any enhancements could significantly increase its appeal and market value, especially in a tourist-centric area like Quarteira.
[Economic Vulnerability] With an economic stability score of 60/100, there is a heightened risk of economic downturns impacting rental income 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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