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, 2-bathroom apartment of 97 m² on the 2nd floor, energy rating C. Located Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: The apartment boasts a generous entrance hall that enhances its spacious feel, while both bedrooms provide excellent storage with built-in wardrobes and a private balcony for one. Additional Context: Optimized for comfort with premium materials and abundant natural light, ideal for relaxing or entertaining guests.
The valuation. The asking price of €494,000 is 10.2% underpriced compared to the fair value of €549,879, indicating an attractive opportunity for potential buyers. This creates a favorable margin for investment. Buy-to-flip angle. With strategic renovations to enhance aesthetic appeal and maximize functionality, the resale strategy could capitalize on the property's valuation gap, aiming for a profit margin upon sale within 6-12 months. Buy-to-let angle. The estimated monthly rental income of €1,194 offers a gross yield of 2.9%, providing a steady cash flow for long-term holdings, particularly appealing in a tourist-rich area like the Algarve.
Fair value modelled at €549,879 from 6 comparable sales in the area. Asking €494,000 sits €55,879 (10.2%) below — the upside to fair value.
Asking €494,000 versus the Quarteira, Loulé, Faro area baseline of €557,611 (€5,749/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 €557,611, adjusted for condition and micro-location, gives a modelled fair value of €549,879 (€5,669/m²), a €55,879 (10.2%) gap versus the €494,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · 4a4482 | Subject | €494,000 | €5,093 | — | 75 | 71 |
| Quarteira · 225bcf | Active | €450,000 | €6,250 | 22.7% | — | 74 |
| avenida da Marina | Active | €580,000 | €5,088 | 0.1% | 78 | 68 |
| avenida da Marina | Active | €580,000 | €5,088 | 0.1% | 74 | 68 |
| Quarteira · d7a3fd | Active | €595,000 | €6,398 | 25.6% | 75 | 73 |
| Median comp | €580,000 | €5,669 | 11.3% | 75 | 71 |
Short-term vacation rental This property, with a fair value of €549,879 and listed at €494,000, offers a 10.2% gap to fair value, making it a compelling option for short-term vacation rentals in the tourist-friendly Algarve. With a gross yield of 2.9%, the potential for maximizing rental income during peak seasons aligns well with the current market dynamics. Long-term rental Although the yield of 2.9% is relatively modest, the fair value of €549,879 indicates that the property is strategically positioned for long-term rental potential in a desirable tourist area like Quarteira. The property’s condition rating of 79/100 adds to its appeal for quality tenants seeking stable housing in a vacation-rich environment. Buy-and-hold Investing in this property for a buy-and-hold strategy appears attractive given its fair value of €549,879 compared to the current listing price of €494,000. The growth potential in the Algarve’s thriving real estate market, combined with steady demand for rentals, suggests that this asset can appreciate over time, creating long-term wealth for investors.
Economic Vulnerability The economic stability score of 68/100 indicates potential susceptibility to market fluctuations that could impact rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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