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 92 m² on the 6th floor, built in 1997, energy rating E. Located Quarteira parish, Loulé municipality, Faro district. Unique Feature: The apartment boasts three balconies, including one with a charming sea view, enhancing outdoor living space just minutes from the beach and local amenities.
The valuation. The asking price of €380,000 sits €14,925 (3.8%) below the fair value of €394,925. This property is fairly priced based on current market conditions.
Fair value modelled at €394,925 from 6 comparable sales in the area. Asking €380,000 sits €14,925 (3.8%) below — the upside to fair value.
Asking €380,000 versus the Quarteira, Loulé, Faro area baseline of €410,516 (€4,462/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €410,516, adjusted for condition and micro-location, gives a modelled fair value of €394,925 (€4,293/m²), a €14,925 (3.8%) gap versus the €380,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · 4a456e | Subject | €380,000 | €4,130 | — | 74 | 69 |
| Quarteira · bf2a34 | Active | €340,000 | €4,000 | 3.2% | 68 | 69 |
| Quarteira · 023c24 | Active | €450,000 | €4,592 | 11.2% | 82 | 66 |
| Quarteira · cfe095 | Active | €495,000 | €4,500 | 8.9% | 72 | 66 |
| rua da Alemanha | Active | €390,000 | €4,483 | 8.5% | 75 | 73 |
| Median comp | €420,000 | €4,492 | 8.7% | 74 | 68 |
Short-term vacation rental The 2-bed apartment in Quarteira has a fair listing price of €380,000, just 3.8% below its fair value of €394,925, suggesting it is competitively priced for the vacation rental market. With its strong touristic appeal in the central Algarve, this property could yield a gross return of 4%, making it a viable option for short-term rentals. Long-term rental Although the property is fairly priced at €380,000, the overall yield of 4% is relatively modest given the local rental demand. The limited economic diversification in the area indicates reliance on tourism, which could impact the stability of long-term tenants. Buy-and-hold With a fair value assessment suggesting a minor gap and a yield of 4%, this apartment may not significantly appreciate over time, making it less attractive for a buy-and-hold strategy. Furthermore, the neighborhood score of 69/100 indicates moderate tenant quality and potential risks associated with investment retention in a tourism-dependent area.
Economic Volatility Risk The economic stability score of 55/100 indicates potential volatility in the local economy, which may 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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