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 224 m², built in 1999, energy rating E. Located Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: This ground-floor apartment boasts a spacious terrace ideal for outdoor living, alongside the convenience of an underground garage and additional storage space.
The valuation. The asking price of €490,000 is significantly below the fair value of €746,667, indicating an undervalued property by €256,667 (34.4%). This presents an attractive opportunity in the current market.
Fair value modelled at €746,667 from 5 comparable sales in the area. Asking €490,000 sits €256,667 (34.4%) below — the upside to fair value.
Asking €490,000 versus the Quarteira, Loulé, Faro area baseline of €840,943 (€3,754/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 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 €840,943, adjusted for condition and micro-location, gives a modelled fair value of €746,667 (€3,333/m²), a €256,667 (34.4%) gap versus the €490,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · 3a7123 | Subject | €490,000 | €2,188 | — | 65 | 73 |
| Quarteira · 261cb3 | Active | €450,000 | €3,333 | 52.4% | — | 68 |
| Quarteira · 1907b5 | Active | €425,000 | €3,148 | 43.9% | — | 68 |
| Quarteira · 4a7d77 | Active | €450,000 | €3,333 | 52.4% | — | 74 |
| rua de Volta do Anzol S / N | Active | €750,000 | €2,475 | 13.2% | 76 | 69 |
| Median comp | €450,000 | €3,241 | 48.1% | 76 | 69 |
Short-term vacation rental With a listing price of €490,000, this 3-bed apartment in Quarteira offers a significant gap of 34.4% compared to its fair value of €746,667, indicating strong potential for capital appreciation. Given the location's robust tourism influence, it can be an attractive option for short-term rentals, capitalizing on the area's seasonal influx of visitors. Long-term rental Although the apartment currently shows a 0% gross yield, its fair value suggests that the property is underpriced, making it a strategic choice for long-term rental investment. The consistency of tenant quality in the neighbourhood supports the potential for stable rental income over time. Buy-and-hold Acquiring this apartment for long-term holding aligns well with its fair value of €746,667, as it is currently listed at €490,000. With the economic stability tied to tourism in the Algarve region, this investment could appreciate significantly while providing consistent returns over the long term.
Economic Sensitivity With an economic stability score of 65/100, there's a significant risk that adverse economic conditions could impact rental income and property appreciation.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
