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.
1-bedroom, 1-bathroom apartment of 65 m² on the 2nd floor, energy rating C. Located on rua da Espanha, 53, Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: The property boasts a spacious 7 m² balcony offering breathtaking views of landscaped gardens and a golf course, enhancing the outdoor living experience for residents.
The valuation. The asking price of €350,000 is positioned below the fair value of €371,091, reflecting a discrepancy of €21,091 (5.7%). This suggests that the property is fairly valued in the current market.
Fair value modelled at €371,091 from 6 comparable sales in the area. Asking €350,000 sits €21,091 (5.7%) below — the upside to fair value.
Asking €350,000 versus the rua da Espanha, 53 area baseline of €363,127 (€5,587/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €363,127, adjusted for condition and micro-location, gives a modelled fair value of €371,091 (€5,709/m²), a €21,091 (5.7%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Espanha, 53 | Subject | €350,000 | €5,385 | — | 80 | 67 |
| praça Cupertino Miranda | Active | €320,000 | €5,818 | 8.1% | 75 | 78 |
| Quarteira · 46810c | Active | €285,000 | €4,831 | 10.3% | 75 | 81 |
| avenida do Parque | Active | €395,000 | €6,583 | 22.3% | 75 | 71 |
| avenida Tivoli | Active | €395,000 | €5,338 | 0.9% | 80 | 70 |
| Median comp | €357,500 | €5,578 | 3.6% | 75 | 75 |
Short-term vacation rental The property stands in a popular tourist spot in the Algarve, making it a potential candidate for vacation rentals despite its fair valuation. With a gross yield of 3.4%, this investment aligns with the expectations for a well-positioned rental in a mixed-use area. Buy-and-hold Holding the property could yield steady appreciation, given the fair valuation of €350,000 compared to the fair value of €371,091. The mixed residential and tourist elements of the neighborhood can contribute to stable long-term demand, but the yield of 3.4% indicates moderation in immediate return prospects. Family rental As a family rental option, the 1-bed apartment can appeal to small families looking for long-term housing in a convenient location, with a decent condition score of 82/100. While the fair valuation indicates balanced pricing, the property’s neighborhood quality rating of 67/100 suggests some limitations in attracting higher-end family tenants.
Economic Vulnerability The economic stability score of 65/100 suggests potential fluctuations in tenant demand and rental income, increasing the risk of financial instability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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