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, 1-bathroom apartment of 84 m² on the 3rd floor. Located Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: This apartment includes a large integrated balcony providing an expansive feel between the living spaces, and a basement garage, adding valuable convenience in Quarteira. Renovation Potential: With its spacious kitchen and basic décor, it offers a blank canvas for future modernization.
The valuation. The asking price of €285,000 is significantly lower than the fair value of €336,764, presenting a discount of €51,764 (15.4%). This property is therefore considered underpriced. Buy-to-flip angle. With the potential for renovation, a buy-to-flip strategy could capitalize on the property’s below-market asking price, allowing for resale after upgrades. Quick improvements may yield substantial returns. Buy-to-let angle. A buy-to-let approach offers a gross yield of 5.7%, with an estimated rental income of €1,354 per month, appealing due to Algarve's tourist demand and low crime rates, enhancing rental viability.
Fair value modelled at €336,764 from 6 comparable sales in the area. Asking €285,000 sits €51,764 (15.4%) below — the upside to fair value.
Asking €285,000 versus the Quarteira, Loulé, Faro area baseline of €410,615 (€4,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 53/100 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 €410,615, adjusted for condition and micro-location, gives a modelled fair value of €336,764 (€4,009/m²), a €51,764 (15.4%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · 831567 | Subject | €285,000 | €3,393 | — | 55 | 66 |
| Quarteira · 96c445 | Active | €285,000 | €3,701 | 9.1% | 65 | 68 |
| beco do Pinheiro, 52 | Active | €380,000 | €3,551 | 4.7% | 65 | 68 |
| Quarteira · be91a3 | Active | €420,000 | €4,200 | 23.8% | — | 71 |
| avenida Doutor Carlos Mota Pinto, 7 | Active | €260,000 | €4,561 | 34.4% | 60 | 65 |
| Median comp | €332,500 | €3,951 | 16.4% | 65 | 68 |
Short-term vacation rental This property’s strong yield of 5.7% gross, coupled with its location in the tourist-friendly Algarve, positions it well for short-term vacation rental opportunities. With a fair value gap of 15.4%, investors can leverage this underpricing to generate attractive cash flow from seasonal rentals. Buy-and-hold The 2-bed apartment in Quarteira offers a compelling buy-and-hold strategy due to its current valuation being 15.4% below fair value, suggesting potential for future appreciation. The region's low crime rates and high demand for housing support stability and growth over time. Family rental As a family rental, this apartment may appeal due to its reasonable living space of 84m² and the neighborhood's amenities, with a quality rating of 66/100. Although the property is slightly below average in condition (53/100), the overall strong demand in Quarteira makes it a viable long-term rental option for families. Not ideal for luxury market Given the property’s average condition and neighborhood rating, it is likely not suitable for the luxury market, which typically demands higher standards. The expectations for luxury accommodations far exceed what this apartment currently offers. Not ideal for student housing Due to the apartment’s moderate condition and size, it is less likely to appeal to the student rental market, which often seeks properties with specific amenities and locations conducive to academic life. Thus, targeting long-term student tenants may not yield the desired outcomes.
Economic Vulnerability The economic stability score of 60 indicates a potential risk of declining market conditions which may affect 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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