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 60 m² on the 1st floor. Located on avenida do Parque, Quarteira parish, Loulé municipality, Faro district. Unique Feature: This apartment is set within a rarely available, park-like setting, surrounded by mature pine trees and extensive landscaped gardens, offering a tranquil environment in Vilamoura. Investment Appeal: Strong rental potential due to proximity to Marina and amenities.
The valuation. The asking price of €395,000 sits €29,740 (8.1%) above the fair value of €365,260. This property is therefore fairly priced within the current market context.
Fair value modelled at €365,260 from 6 comparable sales in the area. Asking €395,000 sits €29,740 (8.1%) above — overpriced versus fair value.
Asking €395,000 versus the avenida do Parque area baseline of €372,912 (€6,215/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 is above the parish average, lifting 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 €372,912, adjusted for condition and micro-location, gives a modelled fair value of €365,260 (€6,088/m²), a €29,740 (8.1%) gap versus the €395,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida do Parque | Subject | €395,000 | €6,583 | — | 75 | 71 |
| rua da Inglaterra | Active | €495,000 | €6,429 | 2.4% | 74 | 72 |
| rua Volta do Figo, 4 | Active | €275,000 | €5,729 | 13.0% | 72 | 70 |
| praça Cupertino Miranda | Active | €320,000 | €5,818 | 11.6% | 75 | 78 |
| Quarteira · 6d5534 | Active | €330,000 | €6,875 | 4.4% | 80 | 60 |
| Median comp | €325,000 | €6,124 | 7.0% | 75 | 71 |
Long-term rental This 1-bed apartment in Quarteira offers a gross yield of 3.1%, which aligns with the expected returns in the Algarve region. However, given its fair value at €365,260, the property's pricing reflects market norms, making it a stable, rather than a lucrative, investment. Short-term vacation rental With the Algarve's strong tourism appeal, this property can generate decent short-term rental income, although the current fair market value leaves little room for significant profit above the gross yield of 3.1%. As travelers seek accommodations in vibrant areas like Quarteira, this property holds potential for steady occupancy, keeping it aligned with typical market expectations. Buy-and-hold While the apartment's fair valuation suggests sound current pricing, the potential for appreciation in the region may offer long-term benefits if well-maintained. The modest yield of 3.1% suggests this investment is not positioned for rapid short-term gains, but could provide stability in a growing tourist market. Not ideal for: Student housing, Luxury market this property does not align with the dynamics of student housing nor with the luxury market demands, as it is situated in a more general residential context. Given the fair valuation, it positions itself more appropriately for standard residential tenants or short-term vacationers than niche markets.
Economic Downturn Risk With an economic stability score of 65/100, there's a potential risk of economic downturn affecting tenant demand and rental income stability.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
