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 102 m² on the 3rd floor, built in 1989, energy rating C. Located on rua Ary dos Santos, 2, Quarteira parish, Loulé municipality, Faro district. This apartment features a closed balcony functioning as a sunroom, offering flexible potential for conversion into an additional bedroom.
The valuation. The asking price of €395,000 sits €11,506 (3.0%) above the fair value of €383,494, positioning this property as fairly priced in the current market. Overall, it presents a reasonable investment option based on its valuation.
Fair value modelled at €383,494 from 6 comparable sales in the area. Asking €395,000 sits €11,506 (3.0%) above — overpriced versus fair value.
Asking €395,000 versus the rua Ary dos Santos, 2 area baseline of €438,273 (€4,297/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €438,273, adjusted for condition and micro-location, gives a modelled fair value of €383,494 (€3,760/m²), a €11,506 (3.0%) gap versus the €395,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Ary dos Santos, 2 | Subject | €395,000 | €3,873 | — | 66 | 63 |
| Quarteira · 96c445 | Active | €285,000 | €3,701 | 4.4% | 65 | 68 |
| Quarteira · b7b854 | Active | €420,000 | €3,818 | 1.4% | 65 | 59 |
| avenida Doutor Carlos Mota Pinto, 7 | Active | €260,000 | €4,561 | 17.8% | 60 | 65 |
| Quarteira · 831567 | Active | €285,000 | €3,393 | 12.4% | 55 | 66 |
| Median comp | €285,000 | €3,760 | 2.9% | 63 | 66 |
Short-term vacation rental The property in Quarteira presents a moderately attractive opportunity for short-term vacation rentals given its fair valuation and a gross yield of 4.4%. However, seasonal demand fluctuations in the Algarve could impact occupancy rates and income stability. Long-term rental As a long-term rental investment, this 2-bed apartment could provide steady returns with a yield of 4.4%, meeting the needs of families drawn to the region for its low crime and adequate school access. Nonetheless, the fair pricing at €395,000 suggests limited potential for significant capital appreciation in the near term. Family rental This apartment could be suitable for family rentals, offering sufficient amenities and accessibility to schools, making it appealing to local families. However, its fair market status indicates that while it may serve as a stable rental option, it is not positioned for exponential growth in value.
Economic and Tenant Instability Risk The property has an economic stability score of 55/100 and a tenant stability score of 60/100, indicating potential for fluctuations in rental income and occupancy.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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