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.
3-bedroom, 2-bathroom apartment of 147 m² on the 2nd floor, built in 2010, energy rating A. Located on rua José Maria de Pádua, Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: This apartment includes a private garage and parking space, enhancing convenience in the bustling center of Quarteira. Proximity to the Beach: Just 600 meters from the shoreline.
The valuation. The asking price of €735,000 is significantly below the fair value of €895,832, presenting an opportunity at a discount of €160,832 (18.0%). This property is regarded as underpriced, making it an attractive potential investment.
Fair value modelled at €895,832 from 6 comparable sales in the area. Asking €735,000 sits €160,832 (18.0%) below — the upside to fair value.
Asking €735,000 versus the rua José Maria de Pádua area baseline of €914,619 (€6,222/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €914,619, adjusted for condition and micro-location, gives a modelled fair value of €895,832 (€6,094/m²), a €160,832 (18.0%) gap versus the €735,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua José Maria de Pádua | Subject | €735,000 | €5,000 | — | 72 | 67 |
| Quarteira · 6c77c6 | Active | €649,000 | €4,807 | 3.9% | 80 | 74 |
| Quarteira · 023b87 | Active | €650,000 | €5,556 | 11.1% | 75 | 69 |
| Quarteira · 8936c8 | Active | €885,000 | €6,860 | 37.2% | 80 | 74 |
| Quarteira · 38b727 | Active | €1,149,000 | €6,313 | 26.3% | 85 | 54 |
| Median comp | €767,500 | €5,935 | 18.7% | 80 | 72 |
Short-term vacation rental This property is positioned well to capitalize on the thriving tourist market in Algarve, with an attractive fair value gap of 18.0%. The current gross yield of 2.9% suggests that while it has potential, investors should consider the competitive landscape of short-term rentals in the area. Buy-and-hold Acquiring this apartment could provide an advantageous long-term investment, as its fair value of €895,832 implies that the property is suboptimally priced at €735,000. The combination of a decent condition rating of 75/100 and steady neighborhood quality supports the potential for appreciation over time. Family rental This property’s neighborhood rating of 67/100 makes it reasonably appealing for family rentals, with a solid fair value supporting its rental potential. However, prospective landlords should assess the rental yield of 2.9% against market standards to ensure profitability in the growing family rental sector.
Economic Vulnerability With an economic stability score of 60/100, there is a heightened risk of economic downturns impacting tenant demand and rental income stability. Tenant Instability A tenant stability score of 65/100 suggests potential fluctuations in tenant retention and lease renewals, increasing vacancy risks.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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