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 39 m² on the 6th floor, energy rating D. Located Quarteira parish, Loulé municipality, Faro district. This apartment offers a unique combination of modern renovations and a versatile additional room, perfect for creating a dedicated workspace or guest accommodation.
The valuation. The asking price of €349,900 exceeds the fair value of €300,138 by €49,763 (16.6%), indicating that this property is overpriced. Such a premium on the asking price may deter potential buyers seeking value. Buy-to-flip angle. A buy-to-flip strategy would ideally target renovations that could elevate the property’s market appeal, aiming for a swift resale at a price closer to the fair value. However, the current price makes substantial profit margins unlikely. Buy-to-let angle. With a gross yield of 3% and an estimated rental income of €875 per month, this property can serve well for a long-term rental strategy. The tourist-friendly Algarve area supports strong demand for both long and short-term rentals.
Fair value modelled at €300,138 from 6 comparable sales in the area. Asking €349,900 sits €49,763 (16.6%) above — overpriced versus fair value.
Asking €349,900 versus the Quarteira, Loulé, Faro area baseline of €304,552 (€7,809/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €304,552, adjusted for condition and micro-location, gives a modelled fair value of €300,138 (€7,696/m²), a €49,763 (16.6%) gap versus the €349,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · 8ee422 | Subject | €349,900 | €8,972 | — | 75 | 74 |
| rua Manuel Faria | Active | €295,000 | €5,566 | 38.0% | 75 | 63 |
| Quarteira · 08ff33 | Active | €380,000 | €7,917 | 11.8% | 80 | 69 |
| Quarteira · 420145 | Active | €420,000 | €7,925 | 11.7% | 83 | 72 |
| Quarteira · 023956 | Active | €420,000 | €7,925 | 11.7% | 80 | 64 |
| Median comp | €400,000 | €7,921 | 11.7% | 80 | 67 |
Short-term vacation rental The property is overpriced at €349,900, with a fair value estimation of €300,138 indicating a 16.6% premium. While the tourist-friendly location in Algarve may attract seasonal visitors, the lower gross yield of 3% suggests insufficient financial incentive for short-term rental investors. Long-term rental With a fair value of €300,138 compared to the listing price of €349,900, this property is overpriced, presenting a valuation gap of 16.6%. Additionally, a gross yield of 3% indicates that long-term rental returns may not justify the high initial investment. Family rental The 1-bed apartment's asking price of €349,900 exceeds the fair value of €300,138 by 16.6%, classifying it as overpriced. Furthermore, the current yield of 3% signals that families seeking rental options may find more attractive alternatives in the market.
[Tenant turnover risk] With a tenant stability score of 70/100, there is a moderate risk of turnover that may impact rental income due to potential vacancies or the need to attract new tenants.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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