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, 3-bathroom apartment of 132 m², built in 2012, energy rating E. Located on caminho Corgo da Colmeia, Quarteira parish, Loulé municipality, Faro district. One noteworthy feature is the expansive south-facing terrace that wraps around the apartment, providing ample outdoor living space perfect for entertaining or relaxing in the sun.
The valuation. The asking price of €695,000 sits €52,333 (8.1%) above the fair value of €642,667, indicating a fair valuation for this property.
Fair value modelled at €642,667 from 6 comparable sales in the area. Asking €695,000 sits €52,333 (8.1%) above — overpriced versus fair value.
Asking €695,000 versus the caminho Corgo da Colmeia area baseline of €642,751 (€4,869/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €642,751, adjusted for condition and micro-location, gives a modelled fair value of €642,667 (€4,869/m²), a €52,333 (8.1%) gap versus the €695,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| caminho Corgo da Colmeia | Subject | €695,000 | €5,265 | — | 78 | 64 |
| Quarteira · 65a71e | Active | €380,000 | €5,000 | 5.0% | 74 | 70 |
| Quarteira · 1e60ab | Active | €499,000 | €5,484 | 4.1% | 75 | 70 |
| rua Melvin Jones | Active | €380,000 | €4,222 | 19.8% | 74 | 74 |
| avenida Infante de Sagres | Active | €650,000 | €5,603 | 6.4% | 80 | 73 |
| Median comp | €439,500 | €5,242 | 0.4% | 75 | 72 |
Short-term vacation rental This property offers a gross yield of 3.3%, which aligns with the expectations for short-term rentals in a popular tourist region like Algarve. However, given the fair value pricing at €642,667 and the listing price of €695,000, it is essential to note that the market is currently balanced and does not provide excessive upside potential. Long-term rental With a neighbourhood rating of 64/100, the property can serve well in the long-term rental market, appealing to those seeking residential stability in a low-crime area. Nevertheless, the fair value analysis indicates that the investment is at a competitive pricing but lacks room for growth. Buy-and-hold Investors considering a buy-and-hold strategy will find this property reasonably positioned in a stable residential market with seasonal tourism influence. However, the property's listing price suggests that it is fairly valued with minimal scope for appreciation, making it a lower-priority choice for a long-term holding strategy.
Tenant turnover risk With a tenant stability score of 65/100, there is a moderate chance of tenant turnover, which could impact consistent cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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