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, 2-bathroom apartment of 98 m² on the 12th floor, built in 2003, energy rating C. Located Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: This apartment includes two balconies offering views of the pool and nearby golf course, enhancing outdoor leisure potential in a private condominium. Additional Context: Located just 3 km from Vilamoura's beach and marina, it combines convenience with relaxation.
The valuation. The asking price of €650,000 is significantly higher than the fair value of €582,397, resulting in an overvaluation of €67,603 (11.6%). This indicates that the property is overpriced relative to its true market worth.
Fair value modelled at €582,397 from 6 comparable sales in the area. Asking €650,000 sits €67,603 (11.6%) above — overpriced versus fair value.
Asking €650,000 versus the Quarteira, Loulé, Faro area baseline of €601,343 (€6,136/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €601,343, adjusted for condition and micro-location, gives a modelled fair value of €582,397 (€5,943/m²), a €67,603 (11.6%) gap versus the €650,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · fb291d | Subject | €650,000 | €6,633 | — | 74 | 72 |
| caminho do Lago, 4 | Active | €469,000 | €4,737 | 28.6% | 80 | 81 |
| Quarteira · 6fb83c | Active | €675,000 | €5,488 | 17.3% | 74 | 64 |
| rua Volta das Romanzeiras | Active | €595,000 | €6,398 | 3.5% | 78 | 73 |
| Quarteira · d7a3fd | Active | €595,000 | €6,398 | 3.5% | 75 | 73 |
| Median comp | €595,000 | €5,943 | 10.4% | 77 | 73 |
Short-term vacation rental The property is overpriced by 11.6%, which limits potential profitability in the short-term rental market where high competition and occupancy rates are crucial. The gross yield of 3.6% does not justify the elevated listing price, making it a less attractive option for short-term vacation rentals. Buy-and-hold Given the 11.6% gap above fair value, this investment strategy becomes less appealing since long-term price appreciation might not compensate for the initial overvaluation. The 3.6% gross yield suggests limited income potential, reflecting the property's challenging position in a competitive market. Family rental The 11.6% premium over fair value indicates that acquiring this property for family rental purposes may not yield favorable returns compared to other options. With only a 3.6% gross yield and a condition rating of 77/100, the overall investment risk appears heightened for family-oriented tenants in this neighborhood.
Economic Vulnerability The economic stability score of 65/100 indicates a potential risk due to moderate economic performance, which could impact tenant retention and rental income stability.
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