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, 0-bathroom apartment of 100 m² on the 1st floor, energy rating B. Located Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: This apartment includes access to an indoor heated pool and a well-equipped gym, enhancing the lifestyle value beyond typical residential offerings in the area.
The valuation. The asking price of €575,000 sits €40,104 (7.5%) above the fair value of €534,896, suggesting a fair assessment of the property’s worth. This indicates a balanced pricing strategy in the current market conditions.
Fair value modelled at €534,896 from 6 comparable sales in the area. Asking €575,000 sits €40,104 (7.5%) above — overpriced versus fair value.
Asking €575,000 versus the Quarteira, Loulé, Faro area baseline of €521,878 (€5,219/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €521,878, adjusted for condition and micro-location, gives a modelled fair value of €534,896 (€5,349/m²), a €40,104 (7.5%) gap versus the €575,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · 19f3fb | Subject | €575,000 | €5,750 | — | 80 | 67 |
| rua das Pimenteiras | Active | €488,000 | €5,247 | 8.7% | 78 | 67 |
| Quarteira · dee4bf | Active | €585,000 | €5,318 | 7.5% | 91 | 71 |
| Quarteira · 82c63d | Active | €850,000 | €5,380 | 6.4% | 85 | 75 |
| Quarteira · de0b82 | Active | €595,000 | €3,864 | 32.8% | 80 | 70 |
| Median comp | €590,000 | €5,283 | 8.1% | 83 | 71 |
Short-term vacation rental The property’s location in Algarve, a popular tourist destination, positions it well for short-term vacation rentals, although the gross yield of 3.6% indicates that returns may be limited. At a listing price of €575,000, which shows a 7.5% gap from the fair value, it may attract vacationers but will require a careful assessment to ensure sustainable occupancy rates. Buy-and-hold The buy-and-hold strategy is viable in Quarteira, benefiting from the strong tourism-driven economy, but investors should note the fair valuation at €534,896 compared to the listing price. The current condition rating of 82/100 suggests it has a decent livability score, yet the limited yield may affect long-term gain potential depending on market fluctuations. Value-add renovation With a condition score of 82/100, there’s potential for value-add renovations to increase the property’s appeal and justify future price increases, though it's currently priced at €575,000, representing a fair market valuation. Investors will need to balance refurbishment costs against the expected marginal rise in both rental income and property value in an already competitive market. Not ideal for student housing Given that Quarteira’s amenities and location are more aligned with tourism than education, this property is not suited for student housing as demand may be inconsistent. Its value proposition does not cater to the long-term residency students typically require, limiting potential rental opportunities. Not ideal for luxury market The property’s current threshold and neighborhood rating of 67/100 do not meet the premium standards of the luxury market, indicating limited appeal to upscale buyers. With a fair valuation, there may be challenges in attracting high-priced tenders, making it less ideal for luxury investments.
Economic Vulnerability The property faces a significant risk due to its low economic stability score of 55/100, indicating potential instability in the local economy that could affect 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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