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 180 m² on the 2nd floor, built in 2004, energy rating C. Located Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: This apartment boasts spacious balconies with garden and swimming pool views, complemented by exclusive access to a tropical garden area within a gated community.
The valuation. The asking price of €750,000 sits slightly above the fair value of €727,640, indicating a premium of €22,360 (3.1%). This verdict suggests the price is in line with market expectations and reasonable for its quality.
Fair value modelled at €727,640 from 6 comparable sales in the area. Asking €750,000 sits €22,360 (3.1%) above — overpriced versus fair value.
Asking €750,000 versus the Quarteira, Loulé, Faro area baseline of €751,406 (€4,174/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €751,406, adjusted for condition and micro-location, gives a modelled fair value of €727,640 (€4,042/m²), a €22,360 (3.1%) gap versus the €750,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · 3d9710 | Subject | €750,000 | €4,167 | — | 75 | 54 |
| rua Volta da Romãzeira | Active | €695,000 | €3,927 | 5.8% | 75 | 65 |
| Quarteira · 90d9f4 | Active | €750,000 | €4,717 | 13.2% | 72 | 72 |
| rua da Moura Lidia | Active | €499,000 | €4,158 | 0.2% | 72 | 72 |
| Quarteira · f35d92 | Active | €595,000 | €3,400 | 18.4% | 75 | 67 |
| Median comp | €645,000 | €4,043 | 3.0% | 74 | 70 |
Short-term vacation rental The property's yield of 3.4% gross aligns adequately with its fair value of €727,640, positioning it as a reasonable investment option in a tourist-centric economy. However, the condition and neighbourhood ratings suggest potential challenges in attracting high-paying guests consistently. Long-term rental With a fair valuation of €727,640, this property presents a stable opportunity for long-term rental, particularly in a robust market like Algarve. Nevertheless, the neighbourhood rating of 54/100 indicates that tenant quality might be a concern, impacting rental stability. Buy-and-hold Given the fair value designation and current market conditions, holding onto this 3-bed apartment in Quarteira might provide average capital appreciation over time, especially given the 3.4% yield. Yet, the apartment's condition rating of 76/100 points to necessary upkeep, which could erode overall investment returns if not addressed promptly.
Economic Vulnerability The property's low economic stability score of 45/100 indicates a higher likelihood of economic downturns affecting tenant retention and rental income.
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