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 149 m² on the 1st floor, built in 2005, energy rating B. Located Quarteira parish, Loulé municipality, Faro district. Highlight: The apartment boasts an extraordinary private terrace with distinct areas for dining and sunbathing, offering unobstructed views of lush gardens and the condominium pool. Noteworthy Feature: Its versatile upper floor space allows for customized living arrangements such as an office or library, illuminated by abundant natural light.
The valuation. The asking price of €650,000 is just €944 (0.1%) below the fair value of €650,944, indicating that the property is priced reasonably within the market. This suggests a stable investment opportunity devoid of immediate financial pressure.
Fair value modelled at €650,944 from 5 comparable sales in the area. Asking €650,000 sits €944 (0.1%) below — the upside to fair value.
Asking €650,000 versus the Quarteira, Loulé, Faro area baseline of €633,642 (€4,253/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 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 €633,642, adjusted for condition and micro-location, gives a modelled fair value of €650,944 (€4,369/m²), a €944 (0.1%) gap versus the €650,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · f14e18 | Subject | €650,000 | €4,362 | — | 80 | 73 |
| Quarteira · de0c1e | Active | €595,000 | €4,474 | 2.6% | 82 | 69 |
| Quarteira · b329fe | Active | €699,000 | €4,369 | 0.1% | 85 | 68 |
| Quarteira · 4a7d7a | Active | €750,000 | €3,886 | 10.9% | 79 | 71 |
| Quarteira · 389593 | Active | €485,000 | €3,368 | 22.8% | 78 | 68 |
| Median comp | €647,000 | €4,128 | 5.4% | 81 | 69 |
Long-term rental The property presents a fair investment opportunity for long-term rental, given its gross yield of 3% in a tourist-centric area which ensures steady demand. However, with a fair value assessment closely matching the listing price, the margin for capital appreciation may be limited. Short-term vacation rental As a short-term vacation rental in the popular Algarve region, this property benefits from strong seasonal demand, but its yield remains modest at 3%. The fair market valuation suggests it does not have significant price upside potential, making it a less attractive option for those seeking high returns. Buy-and-hold Investing in a buy-and-hold strategy is reasonable due to the apartment's location in a desirable tourist area, which supports consistent demand and appreciation. Nevertheless, with the property price aligned closely with its fair value, potential investors should expect limited short-term gains in value. Not ideal for: Given its current pricing and market conditions, the property is not suitable for student housing or the luxury market due to mismatched demographics and rental expectations.
Economic and Tenant Stability Risk: With both economic stability and tenant stability scores at 70/100, there is a moderate risk of tenant turnover and economic downturn affecting 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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