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.
2-bedroom, 1-bathroom apartment of 64 m² on the 1st floor, built in 1993, energy rating D. Located Quarteira parish, Loulé municipality, Faro district. This apartment boasts an expansive outdoor terrace, ideal for entertaining, and is located within a well-maintained condominium featuring lush gardens and a communal pool.
The valuation. The asking price of €559,000 sits 7.9% above the fair value of €518,073, indicating a reasonable yet slightly elevated market sentiment towards this property. The current market conditions reflect a stable demand for real estate in the Algarve region.
Fair value modelled at €518,073 from 6 comparable sales in the area. Asking €559,000 sits €40,927 (7.9%) above — overpriced versus fair value.
Asking €559,000 versus the Quarteira, Loulé, Faro area baseline of €531,709 (€8,308/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €531,709, adjusted for condition and micro-location, gives a modelled fair value of €518,073 (€8,095/m²), a €40,927 (7.9%) gap versus the €559,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · 1f3558 | Subject | €559,000 | €8,734 | — | 75 | 70 |
| rua de Volta dos Jacarandás S / N D | Active | €519,000 | €7,414 | 15.1% | 80 | 71 |
| Quarteira · 8ee422 | Active | €349,900 | €8,972 | 2.7% | 75 | 74 |
| Quarteira · 89345d | Active | €439,000 | €4,989 | 42.9% | 80 | 73 |
| Quarteira · ba3b20 | Active | €650,000 | €9,028 | 3.4% | 78 | 70 |
| Median comp | €479,000 | €8,193 | 6.2% | 79 | 72 |
Short-term vacation rental The apartment's location in Algarve, a region renowned for tourism, positions it favorably for short-term vacation rentals despite its fair valuation of €559,000. With a gross yield of 2.8%, the property can generate steady income, though it is essential to factor in potential seasonality in rental demand. Long-term rental Although the property is fairly priced at €559,000, its modern amenities and strong neighborhood attributes make it a viable option for long-term renting. However, the yield of 2.8% suggests that returns may be modest relative to the initial investment cost, warranting careful consideration. Buy-and-hold With a fair valuation of €559,000, investing in this 2-bed apartment as a buy-and-hold strategy may provide stability in a growing market like Algarve. Nevertheless, the relatively low yield of 2.8% indicates that investors should be prepared for a long-term horizon with limited cash flow benefits in the short term.
Economic Vulnerability The economic stability score of 55/100 indicates a significant risk for potential fluctuations in local economic conditions that could affect 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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