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, 3-bathroom apartment of 114 m², energy rating A. Located on caminho Corgo da Colmeia, Quarteira parish, Loulé municipality, Faro district. This well-appointed apartment features a spacious terrace with garden and pool views, perfect for outdoor dining, enhancing its appeal in the sought-after Pine Hills community.
The valuation. The asking price of €608,000 is significantly below the fair value of €729,070, indicating the property is subvalued by €121,070 (16.6%). This presents a rare opportunity for a savvy investor.
Fair value modelled at €729,070 from 6 comparable sales in the area. Asking €608,000 sits €121,070 (16.6%) below — the upside to fair value.
Asking €608,000 versus the caminho Corgo da Colmeia area baseline of €722,833 (€6,341/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 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 €722,833, adjusted for condition and micro-location, gives a modelled fair value of €729,070 (€6,395/m²), a €121,070 (16.6%) gap versus the €608,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| caminho Corgo da Colmeia | Subject | €608,000 | €5,333 | — | 78 | 62 |
| Quarteira · 82c63d | Active | €850,000 | €5,380 | 0.9% | 85 | 75 |
| urbanização Quinta do Romão | Active | €930,000 | €6,643 | 24.6% | 88 | 64 |
| Quarteira · 28b730 | Active | €595,000 | €6,398 | 20.0% | 80 | 74 |
| Quarteira · 1e61cb | Active | €895,000 | €6,393 | 19.9% | 80 | 68 |
| Median comp | €872,500 | €6,396 | 19.9% | 83 | 71 |
Short-term vacation rental This 2-bed apartment in Quarteira offers a strong potential for short-term vacation rental due to its coastal location and the area's status as a major tourism driver, with a fair value suggesting a 16.6% upside. The 4.7% gross yield is attractive in the context of seasonal population fluctuations that can maximize rental income during peak times. Long-term rental Given the current fair value of €729,070 and a listing price of €608,000, this property appears to be a solid choice for long-term rental investment, allowing for favorable cash flow amidst a stable rental market. The 81/100 condition rating indicates that it will attract quality tenants, despite a neighborhood score of 62/100, which could be offset by the property’s appeal. Buy-and-hold Acquiring this apartment as a buy-and-hold investment makes sense considering its fair value indicates potential appreciation, with a desirable location likely enhancing its long-term value. The 4.7% yield and 16.6% gap from fair value emphasize the potential for equity growth as the local economy and tourism sector continue to thrive.
Economic and Tenant Stability Risk The property has a combined economic stability score of 60/100 and a tenant stability score of 55/100, indicating potential challenges in attracting and retaining reliable tenants, which could impact 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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