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 penthouse of 148 m², built in 2005, energy rating B. Located on urbanização Vila Sol S / N, Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: This penthouse includes a private rooftop terrace of 40 m², perfect for sunbathing and entertaining, and a converted storage room serving as a versatile studio space.
The valuation. The asking price of €650,000 sits €39,148 (6.4%) above the fair value of €610,852, indicating a fair position in the current market. The valuation reflects a strong alignment with property condition and location. Buy-to-flip angle. A buy-to-flip strategy can capitalize on the high demand in Quarteira by renovating and reselling the penthouse at a premium after cosmetic updates. Targeting a resale price aligned with the local appreciation could yield significant profit potential. Buy-to-let angle. The estimated gross yield of 3.8% at €2,058 per month makes this property an attractive option for long-term rental in a tourism-driven market. Leveraging its location and high-quality finishes will likely enhance occupancy rates and rental income stability.
Fair value modelled at €610,852 from 6 comparable sales in the area. Asking €650,000 sits €39,148 (6.4%) above — overpriced versus fair value.
Asking €650,000 versus the urbanização Vila Sol S / N area baseline of €629,310 (€4,252/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €629,310, adjusted for condition and micro-location, gives a modelled fair value of €610,852 (€4,127/m²), a €39,148 (6.4%) gap versus the €650,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| urbanização Vila Sol S / N | Subject | €650,000 | €4,392 | — | 75 | 70 |
| Quarteira · 389593 | Active | €485,000 | €3,368 | 23.3% | 78 | 68 |
| Quarteira · 4a7d7a | Active | €750,000 | €3,886 | 11.5% | 79 | 71 |
| Quarteira · de0c1e | Active | €595,000 | €4,474 | 1.9% | 82 | 69 |
| Quarteira · b329fe | Active | €699,000 | €4,369 | 0.5% | 85 | 68 |
| Median comp | €647,000 | €4,128 | 6.0% | 81 | 69 |
Short-term vacation rental This 2-bed penthouse in Quarteira could perform moderately well as a short-term vacation rental, given the region's robust tourism industry that supports a demand for such properties. However, with a fair value only slightly below the listing price, the potential returns may not be compelling enough for a high-yield investment. Long-term rental Offering a 3.8% gross yield, this property fits the profile for a long-term rental investment in the Algarve, where stable demand is driven by the local economy and low crime rates. Yet, the slight gap from fair value indicates that the property is aligned with market pricing without substantial upside. Buy-and-hold As a buy-and-hold investment, this penthouse offers a steady yield in a desirable location, supported by favorable neighborhood conditions and a steady influx of tenants due to tourism. Nevertheless, being fairly priced suggests that immediate equity growth may be limited given the current valuation. Not ideal for: Student housing, Industrial development, Luxury market This penthouse does not cater to the niche markets of student housing or industrial development, nor does it align with the luxury market, which may limit its potential use cases further in the future.
Economic Vulnerability With an economic stability score of 65/100, there is a risk that market fluctuations could adversely affect property value and tenant demand in the future.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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