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, 3-bathroom house of 191 m², built in 1900, energy rating D. Located Quarteira parish, Loulé municipality, Faro district. The property features a spacious roof terrace with panoramic views, perfect for sunset watching, alongside a well maintained BBQ area for outdoor entertainment.
The valuation. The asking price of €1,599,000 is slightly below the fair value of €1,635,026, representing a difference of €36,026 (2.2%). The property is fairly priced, making it a reasonable investment opportunity. Buy-to-flip angle. A buy-to-flip strategy could capitalize on the property’s modern aesthetics and quality finishes, targeting resale in a hot market for potential profit. Quick renovations could further enhance appeal before listing. Buy-to-let angle. A rental income strategy would focus on short-term vacation rentals, leveraging Quarteira’s tourist-friendly environment. With an estimated gross yield of 1.9% (~€2,532/month), this strategy could generate steady income year-round.
Fair value modelled at €1,635,026 from 6 comparable sales in the area. Asking €1,599,000 sits €36,026 (2.2%) below — the upside to fair value.
Asking €1,599,000 versus the Quarteira, Loulé, Faro area baseline of €1,627,906 (€8,523/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €1,627,906, adjusted for condition and micro-location, gives a modelled fair value of €1,635,026 (€8,560/m²), a €36,026 (2.2%) gap versus the €1,599,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · 3a70f5 | Subject | €1,599,000 | €8,372 | — | 74 | 66 |
| Quarteira · 834338 | Active | €1,050,000 | €10,294 | 23.0% | 82 | 72 |
| Quarteira · dee510 | Active | €1,330,000 | €9,048 | 8.1% | 76 | 63 |
| avenida Cerro da Vila, 2A | Active | €950,000 | €6,884 | 17.8% | 77 | 66 |
| rua da Irlanda | Active | €1,275,000 | €8,500 | 1.5% | 75 | 71 |
| Median comp | €1,162,500 | €8,774 | 4.8% | 77 | 69 |
Short-term vacation rental The property is positioned in a tourist-friendly area of the Algarve, appealing to vacationers looking for comfortable accommodations. However, at a gross yield of 1.9%, the investment potential is limited, making it a moderate choice for short-term rental income. Long-term rental While the property offers a spacious 191m² living area, the gross yield of 1.9% indicates a less attractive prospect for long-term tenants. Given the neighbourhood rating of 66/100, it may struggle to command premium rents despite its size and location. Buy-and-hold As a buy-and-hold investment, the property stands at a fair value of €1,635,026, just 2.2% more than its asking price. Although the location benefits from tourism-driven demand, the 1.9% yield and the overall condition rating of 78/100 suggest it may not appreciate strongly over time. Not ideal for student housing The property is not suitable for student housing given its location in a predominantly tourist area. This demographic mismatch could lead to higher vacancy rates and lower overall returns. Not ideal for luxury market Entering the luxury market with this property may not be advisable due to the limited overall quality reflected in its condition score of 78/100. This suggests that high-end buyers may overlook the house when seeking premium properties in the region.
Economic and Tenant Instability Risk The property has both economic stability and tenant stability scores at 60/100, indicating a moderate risk of financial fluctuations and potential tenant turnover affecting rental income.
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