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 66 m² on the 4th floor, built in 2000, energy rating C. Located Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: The apartment boasts a flexible balcony divided into open and closed zones, enhancing outdoor leisure options in a vibrant coastal environment. Unique Amenities: It includes secure parking and fiber optic internet for modern living.
The valuation. The asking price of €398,000 is significantly above the fair value of €338,217, representing an overvaluation of €59,783 (17.7%). This discrepancy suggests that the property may not be a prudent investment at the current price point.
Fair value modelled at €338,217 from 6 comparable sales in the area. Asking €398,000 sits €59,783 (17.7%) above — overpriced versus fair value.
Asking €398,000 versus the Quarteira, Loulé, Faro area baseline of €341,652 (€5,177/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €341,652, adjusted for condition and micro-location, gives a modelled fair value of €338,217 (€5,125/m²), a €59,783 (17.7%) gap versus the €398,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · 1f35b8 | Subject | €398,000 | €6,030 | — | 75 | 66 |
| avenida da Marina | Active | €580,000 | €5,088 | 15.6% | 78 | 68 |
| rua Luís de Camões | Active | €320,000 | €5,161 | 14.4% | 70 | 70 |
| avenida da Marina | Active | €580,000 | €5,088 | 15.6% | 74 | 68 |
| Quarteira · 1e606b | Active | €445,000 | €6,357 | 5.4% | 74 | 71 |
| Median comp | €512,500 | €5,125 | 15.0% | 74 | 69 |
Short-term vacation rental This 2-bed apartment in Quarteira, priced at €398,000, exceeds its fair value by 17.7%, indicating a higher risk for potential investors. With a gross yield of 2.8% and a seasonal tourist economy, the investment may not generate sufficient returns relative to its cost. Buy-and-hold The buy-and-hold strategy for this property is not advisable given its overpriced status; fair value is assessed at €338,217, creating substantial pressure to recover initial investments. Although the location boasts proximity to the Algarve, the yield of 2.8% suggests limited appreciation potential in the long term. Family rental Although family rentals tend to benefit from steady demand, this apartment is priced at €398,000, significantly above its fair value of €338,217. With a neighborhood rating of 66/100, it's evident that tenant quality may be compromised by the high cost relative to potential rental income.
Economic and Tenant Stability Risk: With both economic and tenant stability scores at 60/100, there is a notable risk of fluctuating rental income and potential vacancies due to moderate instability in the local economy and tenant base.
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