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.
3-bedroom, 2-bathroom apartment of 153 m² on the 6th floor, energy rating C. Located on avenida Francisco Sá Carneiro, 1, Quarteira parish, Loulé municipality, Faro district. The property features a substantial 43 m² terrace ideal for outdoor entertaining, complemented by an enclosed balcony that maximizes the sea views and natural light throughout the apartment.
The valuation. The asking price of €590,000 is slightly above the fair value of €586,290, totaling €3,710 or 0.6% higher. This verdict indicates the property is priced fairly within the current market conditions.
Fair value modelled at €586,290 from 6 comparable sales in the area. Asking €590,000 sits €3,710 (0.6%) above — overpriced versus fair value.
Asking €590,000 versus the avenida Francisco Sá Carneiro, 1 area baseline of €624,993 (€4,085/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 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 €624,993, adjusted for condition and micro-location, gives a modelled fair value of €586,290 (€3,832/m²), a €3,710 (0.6%) gap versus the €590,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Francisco Sá Carneiro, 1 | Subject | €590,000 | €3,856 | — | 70 | 74 |
| rua do Ribeiro | Active | €485,000 | €4,110 | 6.6% | 70 | 72 |
| Quarteira · ba3e64 | Active | €370,000 | €3,737 | 3.1% | 73 | 70 |
| rua do Semino, 2 | Active | €485,000 | €4,217 | 9.4% | 76 | 63 |
| rua Volta da Romãzeira | Active | €695,000 | €3,927 | 1.8% | 75 | 65 |
| Median comp | €485,000 | €4,019 | 4.2% | 74 | 68 |
Short-term vacation rental The property in Quarteira has a gross yield of 4.5%, making it a moderately attractive option for short-term vacation rentals given its proximity to tourism. However, with a fair value closely matched to the asking price, potential returns may not significantly exceed initial expectations. Long-term rental A long-term rental strategy can capitalize on the stable demand for housing in the Quarteira area, supported by low crime rates and a decent neighbourhood score of 74/100. Given its fair pricing, investors can anticipate consistent rental income without the risks associated with fluctuating short-term rental markets. Buy-and-hold Investing in this property with a buy-and-hold strategy offers the potential for steady appreciation, albeit at a moderate pace due to the fair valuation. With favorable conditions in a tourist-influenced market, holding this asset could provide stable returns over the long term despite its lack of significant price advantage at the current listing. Not ideal for: Student housing, Luxury market The property is not suitable for student housing as the local demographic and amenities do not align with typical student needs. Similarly, it does not fit the luxury market profile due to its moderate condition rating of 72/100 and nearby competition from higher-tier properties.
Tenant turnover risk: With a tenant stability score of 70/100, there is a noticeable potential for increased turnover, which could lead to higher vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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