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 99 m² on the 5th floor, energy rating C. Located Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: This apartment includes a private balcony offering unobstructed ocean views, as well as a rare private parking space in the basement, enhancing both security and convenience.
The valuation. The asking price of €850,000 sits €130,341 (13.3%) below the estimated fair value of €980,341, indicating that this property is underpriced relative to its market value. Buy-to-flip angle. The strategy for resale involves capitalizing on the Algarve's strong tourism demand, targeting buyers seeking vacation homes, and aiming for a profitable flip after minor cosmetic updates. Buy-to-let angle. With an estimated rental income of €1,204 per month, the property can generate an annual gross yield of 1.7%, appealing for long-term rental in a region attractive to both permanent and seasonal residents.
Fair value modelled at €980,341 from 6 comparable sales in the area. Asking €850,000 sits €130,341 (13.3%) below — the upside to fair value.
Asking €850,000 versus the Quarteira, Loulé, Faro area baseline of €966,926 (€9,767/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 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 €966,926, adjusted for condition and micro-location, gives a modelled fair value of €980,341 (€9,902/m²), a €130,341 (13.3%) gap versus the €850,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · 653039 | Subject | €850,000 | €8,586 | — | 85 | 70 |
| Quarteira · 420145 | Active | €420,000 | €7,925 | 7.7% | 83 | 72 |
| Quarteira · 023956 | Active | €420,000 | €7,925 | 7.7% | 80 | 64 |
| Quarteira · 4a7fa6 | Active | €1,390,000 | €14,479 | 68.6% | 80 | 70 |
| Quarteira · 08ff33 | Active | €380,000 | €7,917 | 7.8% | 80 | 69 |
| Median comp | €420,000 | €7,925 | 7.7% | 80 | 70 |
Short-term vacation rental The subject property in Quarteira, listed at €850,000, presents a compelling opportunity with a fair value of €980,341, indicating a gap of 13.3%. Given that the Algarve is a premier tourist destination with a consistent demand for vacation rentals, this property could generate an attractive gross yield of 1.7%. Long-term rental While the 1.7% gross yield may not be exceptionally high, the property’s listing price at €850,000, compared to a fair market value of €980,341, suggests a favorable investment condition. In a region where the local economy supports both permanent and seasonal residents, this property is likely to retain consistent rental demand. Buy-and-hold Considering the property is listed at €850,000 with a fair value of €980,341, acquiring this apartment could be seen as a sound buy-and-hold strategy for future appreciation. The ongoing popularity of the Algarve for both residents and tourists enhances its potential for long-term value growth, making it an attractive addition to any investment portfolio.
Economic vulnerability The economic stability score of 65/100 suggests a moderate risk of economic downturn, which may affect rental income and property value stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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