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.
4-bedroom, 3-bathroom house of 174 m², built in 2011, energy rating B. Located on caminho do Millenium, 4, Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: The property includes a rooftop terrace with panoramic views and direct access from the master suite, enhancing outdoor living and relaxation opportunities.
The valuation. The asking price of €1,400,000 sits slightly above the fair value of €1,352,065 by €47,935 (3.5%). This indicates that while the property is priced close to market expectations, it is not a bargain.
Fair value modelled at €1,352,065 from 6 comparable sales in the area. Asking €1,400,000 sits €47,935 (3.5%) above — overpriced versus fair value.
Asking €1,400,000 versus the caminho do Millenium, 4 area baseline of €1,293,557 (€7,434/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 is above the parish average, lifting 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 €1,293,557, adjusted for condition and micro-location, gives a modelled fair value of €1,352,065 (€7,770/m²), a €47,935 (3.5%) gap versus the €1,400,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| caminho do Millenium, 4 | Subject | €1,400,000 | €8,046 | — | 80 | 72 |
| Quarteira · b45440 | Active | €1,190,000 | €6,611 | 17.8% | 78 | 78 |
| Quarteira · 938754 | Active | €3,300,000 | €9,851 | 22.4% | 76 | 64 |
| Quarteira · 937428 | Active | €970,000 | €6,783 | 15.7% | 77 | 70 |
| Quarteira · 65a752 | Active | €1,410,000 | €8,758 | 8.8% | 78 | 69 |
| Median comp | €1,300,000 | €7,771 | 3.4% | 78 | 70 |
Short-term vacation rental This property in Quarteira, with a gross yield of 3.3%, is positioned well for the short-term vacation rental market given its proximity to tourism hotspots. However, the listing price is only 3.5% above its fair value, indicating that while it may provide steady rental income, it does not present an attractive investment opportunity based on current pricing. Buy-and-hold The property's fair value at €1,352,065 suggests it is fairly priced, aligning with its solid condition rating of 84/100. While there is potential for appreciation in a popular tourist region like Quarteira, the current price does not create a compelling long-term growth opportunity. Family rental With a family-friendly layout and good condition, the property could cater to long-term family rentals, but the moderate yield of 3.3% and the average neighborhood score of 72/100 may limit its appeal. This property being priced just 3.5% above its fair value suggests that while it fits the family rental market, it is not positioned as a strong value investment.
Economic Vulnerability The economic stability score of 65/100 indicates potential exposure to economic downturns, which could adversely affect rental income. Tenant Stability Risk With a tenant stability score of 75/100, while relatively high, there remains a 25% chance that tenant turnover could impact consistent cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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