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 129 m², energy rating B. Located on avenida dos Descobrimentos, Quarteira parish, Loulé municipality, Faro district. This property features direct access to premium amenities including a large communal swimming pool, gym, and spa area within a secure private condominium, enhancing the lifestyle experience.
The valuation. The asking price of €540,000 is €28,300 (5.5%) above the fair value of €511,700, indicating the property is priced fairly within the current market conditions. Buy-to-flip angle. This property can be resold at a profit given its desirable location in Quarteira and quality features, appealing to the vacation home market. Buy-to-let angle. With an estimated gross yield of 4.2% and rental income potential of €1,890/month, it is ideal for short-term vacation rentals, capitalizing on high tourism demand in Algarve.
Fair value modelled at €511,700 from 5 comparable sales in the area. Asking €540,000 sits €28,300 (5.5%) above — overpriced versus fair value.
Asking €540,000 versus the avenida dos Descobrimentos area baseline of €512,277 (€3,971/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 €512,277, adjusted for condition and micro-location, gives a modelled fair value of €511,700 (€3,967/m²), a €28,300 (5.5%) gap versus the €540,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida dos Descobrimentos | Subject | €540,000 | €4,186 | — | 75 | 72 |
| Quarteira · b7c089 | Active | €650,000 | €4,362 | 4.2% | 78 | 71 |
| Quarteira · ab70b9 | Active | €850,000 | €5,380 | 28.5% | 82 | 68 |
| Quarteira · 834183 | Active | €595,000 | €3,967 | 5.2% | 75 | 65 |
| Quarteira · 65a6e2 | Active | €615,000 | €3,618 | 13.6% | 78 | 72 |
| Median comp | €632,500 | €4,165 | 0.5% | 78 | 70 |
Short-term vacation rental The property in Quarteira shows a strong potential for short-term vacation rentals, driven by its location on the popular Algarve coast and the tourism industry's demand. Although it presents a fair price at €540,000, the gross yield of 4.2% suggests limited upside for investors seeking high rental returns. Buy-and-hold Investors looking to buy-and-hold this apartment may find it a stable option given the fair valuation and solid condition score of 78/100. However, with a fair value of €511,700, the property does not stand out as a premium investment for long-term appreciation in the current market. Family rental This property is a reasonable choice for family rental given its size and condition, alongside a fair valuation that reflects its competitive position in a family-friendly neighborhood. Its strong condition rating of 78/100 indicates it would appeal to families, but the expected yield of 4.2% suggests that rental income could be modest compared to other opportunities in the market.
Economic Vulnerability With an economic stability score of 65/100, there is a moderate risk of economic downturn affecting rental income and property value.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
