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.
1-bedroom, 1-bathroom apartment of 56 m² on the 2nd floor, built in 1988, energy rating D. Located on caminho da Lebre, Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: The apartment boasts a spacious balcony ideal for outdoor relaxation and is located just five minutes from the prestigious marina of Vilamoura, enhancing its rental potential.
The valuation. The asking price of €300,000 sits €11,765 (4.1%) above the fair value of €288,235, indicating a fair but slightly inflated pricing for the current market.
Fair value modelled at €288,235 from 5 comparable sales in the area. Asking €300,000 sits €11,765 (4.1%) above — overpriced versus fair value.
Asking €300,000 versus the caminho da Lebre area baseline of €317,536 (€5,670/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 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 €317,536, adjusted for condition and micro-location, gives a modelled fair value of €288,235 (€5,147/m²), a €11,765 (4.1%) gap versus the €300,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| caminho da Lebre | Subject | €300,000 | €5,357 | — | 60 | 70 |
| Quarteira · 190981 | Active | €350,000 | €5,147 | 3.9% | — | 72 |
| rua Volta do Figo, 4 | Active | €275,000 | €5,729 | 6.9% | 72 | 70 |
| Quarteira · 28b843 | Active | €300,000 | €4,688 | 12.5% | 74 | 58 |
| Quarteira · f5eab3 | Active | €320,000 | €5,000 | 6.7% | 72 | 69 |
| Median comp | €310,000 | €5,074 | 5.3% | 72 | 70 |
Short-term vacation rental The property’s gross yield of 3.4% indicates a moderate return on investment, reflecting the balance between rental demand and pricing in the Algarve’s competitive market. With the apartment's location appealing to tourists, it could provide stable occupancy, although the fair pricing limits potential for immediate capital appreciation. Buy-and-hold Holding this apartment may yield consistent rental income due to the steady demand in Quarteira, a destination favored by vacationers. However, with a slight gap to fair value at 4.1%, investors should be cautious about long-term capital growth in a moderate-condition property. Long-term rental This one-bedroom apartment holds potential for long-term rentals due to its proximity to amenities and the popularity of the region, which ensures tenant demand. Yet, with a fair valuation and a yield of 3.4%, the investment may be less attractive for those seeking high returns in a competitive rental market.
Economic and Tenant Stability Risk: With both economic and tenant stability scores at 65/100, there is a notable risk of instability that could potentially lead to increased vacancies and revenue fluctuations over time.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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