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 apartment of 153 m² on the 1st floor, built in 2010, energy rating B. Located on rua do Poço Romano S / N, Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: The apartment includes two spacious balconies with panoramic views and a designated swimming pool, enhancing the outdoor living experience in a vibrant seaside location.
The valuation. The asking price of €690,000 sits 3.0% above the fair value of €670,189, indicating that while the property is close to its fair price, it is slightly overvalued for a competitive market. Buy-to-flip angle. The resale strategy focuses on enhancing the property’s market appeal through minor renovations, targeting a quick sale to achieve a substantial profit margin within the active tourism season. Buy-to-let angle. With an estimated gross yield of 3.1% and monthly rental income of approximately €1,782, the property positions itself well for a steady long-term rental income strategy, capitalizing on the area's tourism demand.
Fair value modelled at €670,189 from 6 comparable sales in the area. Asking €690,000 sits €19,811 (3.0%) above — overpriced versus fair value.
Asking €690,000 versus the rua do Poço Romano S / N area baseline of €622,206 (€4,067/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €622,206, adjusted for condition and micro-location, gives a modelled fair value of €670,189 (€4,380/m²), a €19,811 (3.0%) gap versus the €690,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Poço Romano S / N | Subject | €690,000 | €4,510 | — | 80 | 75 |
| Quarteira · 4a7d7a | Active | €750,000 | €3,886 | 13.8% | 79 | 71 |
| Quarteira · b329fe | Active | €699,000 | €4,369 | 3.1% | 85 | 68 |
| Quarteira · de0c1e | Active | €595,000 | €4,474 | 0.8% | 82 | 69 |
| urbanização Vila Sol S / N | Active | €650,000 | €4,392 | 2.6% | 75 | 70 |
| Median comp | €674,500 | €4,381 | 2.9% | 81 | 70 |
Short-term vacation rental The property’s gross yield of 3.1% aligns with the stable tourism appeal of the region, making it a reasonable option for short-term vacation rentals. However, given its fair valuation status, potential investors should carefully assess the competition in the neighborhood to ensure adequate occupancy rates. Long-term rental With a neighborhood rating of 75/100, this 2-bed apartment could serve as a suitable option for long-term rentals, attracting quality tenants looking for proximity to the Algarve coast. The fair valuation suggests steady returns, but investors should remain vigilant about local rent trends due to ongoing economic factors influencing tenant demand. Buy-and-hold The apartment's fair value presents a stable investment opportunity for a buy-and-hold strategy, given the region's lasting appeal for both residents and tourists. While the current yield of 3.1% may not be exceptional, the potential for capital appreciation in a growing area should be weighed alongside market entry costs. Not ideal for student housing The property's offering and location do not cater effectively to the student housing market, as the region's primary appeal is tourist-driven rather than student-focused. Therefore, pursuing this strategy may not yield favorable results. Not ideal for Industrial investment Given the property type and location, pursuing an industrial investment strategy would be inappropriate, as the Quarteira area lacks the necessary infrastructure and demand. This strategy would not align with the prevailing market characteristics. Not ideal for Luxury market Although the property is well-conditioned, its fair price indicates it may not meet the criteria for luxury market investments that demand significant differentiation. A focus on luxury would thus likely result in a mismatch between buyer expectations and this offering.
Potential Economic Downgrade There is a risk of decreased economic stability at a score of 65/100, which could affect future rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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