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 128 m² on the 3rd floor. Located on largo dos Três Caminhos, Quarteira parish, Loulé municipality, Faro district. Unique Feature: The apartment boasts a spacious terrace perfect for relaxation, while the surrounding Pinhal da Marina offers extensive landscaped gardens and three swimming pools for leisure activities.
The valuation. The asking price of €499,000 sits slightly below the fair value of €510,877, making it a fair investment opportunity at just 2.3% under the assessed value.
Fair value modelled at €510,877 from 6 comparable sales in the area. Asking €499,000 sits €11,877 (2.3%) below — the upside to fair value.
Asking €499,000 versus the largo dos Três Caminhos area baseline of €515,466 (€4,027/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €515,466, adjusted for condition and micro-location, gives a modelled fair value of €510,877 (€3,991/m²), a €11,877 (2.3%) gap versus the €499,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| largo dos Três Caminhos | Subject | €499,000 | €3,898 | — | 74 | 75 |
| Quarteira · 0dcec6 | Active | €675,000 | €3,516 | 9.8% | 85 | 60 |
| Quarteira · ba3e64 | Active | €370,000 | €3,737 | 4.1% | 73 | 70 |
| Quarteira · 3d9710 | Active | €750,000 | €4,167 | 6.9% | 75 | 54 |
| Quarteira · 467ea5 | Active | €775,000 | €4,506 | 15.6% | 85 | 73 |
| Median comp | €712,500 | €3,952 | 1.4% | 80 | 65 |
Short-term vacation rental The opportunity for a short-term vacation rental in Quarteira appears balanced, as the property’s fair value of €510,877 is only 2.3% above the listing price of €499,000. With a notable yield of 4.2% gross and the prime location near the coast, this property can generate consistent rental income during peak tourist seasons. Long-term rental Investing in long-term rental for this 3-bed apartment may provide steady cash flow, given its fair valuation perspective at €510,877, slightly above the asking price. The well-rated condition of 78/100 and neighborhood score of 75/100 suggest that the property can attract reliable tenants seeking quality living spaces in a desirable area. Buy-and-hold The buy-and-hold strategy is suitable for this apartment, valued fairly at €510,877 and generating a modest yield of 4.2% gross. The property's proximity to beaches enhances its long-term appreciation potential, allowing for gradual value growth in the thriving Algarve market.
Economic Vulnerability The economic stability score of 65/100 indicates a moderate risk of economic downturn, which could impact 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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