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 62 m² on the 7th floor, built in 1984. Located on rua Luís de Camões, Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: This apartment boasts upgraded infrastructure with newly renovated water and sewage pipes, combined with energy-efficient double-glazed aluminum frames for enhanced thermal comfort.
The valuation. The asking price of €320,000 is below the fair value of €357,968, resulting in a difference of €37,968 (10.6%). This apartment is priced attractively within the market.
Fair value modelled at €357,968 from 6 comparable sales in the area. Asking €320,000 sits €37,968 (10.6%) below — the upside to fair value.
Asking €320,000 versus the rua Luís de Camões area baseline of €370,974 (€5,983/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 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 €370,974, adjusted for condition and micro-location, gives a modelled fair value of €357,968 (€5,774/m²), a €37,968 (10.6%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Luís de Camões | Subject | €320,000 | €5,161 | — | 70 | 70 |
| praça Cupertino Miranda | Active | €320,000 | €5,818 | 12.7% | 75 | 78 |
| Quarteira · 1e606b | Active | €445,000 | €6,357 | 23.2% | 74 | 71 |
| rua Volta do Figo, 4 | Active | €275,000 | €5,729 | 11.0% | 72 | 70 |
| praça Tivoli | Active | €445,000 | €5,933 | 15.0% | 75 | 74 |
| Median comp | €382,500 | €5,876 | 13.8% | 75 | 73 |
Short-term vacation rental The 1-bed apartment in Quarteira is well-positioned for short-term vacation rentals, capitalizing on the high demand inherent in the Algarve tourist area. With a fair value of €357,968 and a current listing price of €320,000, the potential for attractive rental yields is evident, particularly as it is underpriced by 10.6%. Buy-and-hold Investing in this property as a buy-and-hold option offers a solid opportunity, given its favorable fair value compared to the listing price along with a reasonable gross yield of 3.5%. As the region continues to attract tourists and residents alike, this underpriced asset may appreciate in value over time, ensuring long-term gains. Long-term rental The apartment's equilibrium between price and quality makes it an appealing option for long-term rental in a tourist-dominated location. With the current pricing significantly below fair value, landlords can expect steady demand and a stable income from this underpriced asset in a locale marked by its low crime rate and quality amenities.
Economic Sensitivity The property may face challenges due to its economic stability score of 65/100, indicating a susceptibility to fluctuations that could affect rental income and overall investment returns. Tenant Risk With a tenant stability score of 65/100, there is the potential for tenant turnover that could lead to increased vacancy rates and additional costs.
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