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 68 m² on the 5th floor, built in 1987, energy rating C. Located Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: This apartment includes an enclosed balcony that spans the entire front, offering the possibility to convert it into a spacious outdoor area for leisure and relaxation.
The valuation. The asking price of €345,000 sits 7.0% below the fair value of €370,921, indicating that this property is fairly priced in the current market. This alignment suggests competitive pricing for potential buyers.
Fair value modelled at €370,921 from 6 comparable sales in the area. Asking €345,000 sits €25,921 (7.0%) below — the upside to fair value.
Asking €345,000 versus the Quarteira, Loulé, Faro area baseline of €415,870 (€6,116/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 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 €415,870, adjusted for condition and micro-location, gives a modelled fair value of €370,921 (€5,455/m²), a €25,921 (7.0%) gap versus the €345,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · 3a73a6 | Subject | €345,000 | €5,074 | — | 60 | 70 |
| avenida Doutor Carlos Mota Pinto S / N | Active | €450,000 | €4,839 | 4.6% | — | 69 |
| rua da Alagoa | Active | €515,000 | €5,202 | 2.5% | 72 | 71 |
| Quarteira · 225bcf | Active | €450,000 | €6,250 | 23.2% | — | 74 |
| rua do Leste, 4 | Active | €410,000 | €5,395 | 6.3% | 60 | 70 |
| Median comp | €450,000 | €5,299 | 4.4% | 66 | 71 |
Short-term vacation rental The property’s location in Quarteira, a prime tourist destination in the Algarve, hints at its potential for steady short-term rental income, despite a fair valuation. With a gross yield of 3.6%, this investment can provide moderate returns from the vacation rental market during peak seasons. Buy-and-hold As the property is fairly valued at €345,000 compared to the fair market value of €370,921, it represents a stable buy-and-hold investment amid a robust real estate market. The steady demand for housing in Quarteira, driven by tourism, affirms its potential for long-term appreciation. Value-add renovation Although the apartment has a condition score of 63/100, indicating room for improvement, any renovation could enhance its appeal to future tenants or buyers. However, with its fair valuation status, any increase in value post-renovation may only match market averages rather than produce significant upside. Not ideal for Given the property's market standing and condition, it is not suited for student housing, the luxury market, or industrial investments due to the specific demands and conditions of these sectors.
Economic Vulnerability With an economic stability score of 65/100, the property may be exposed to downturns in the local economy that could affect rental income stability.
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