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.
2-bedroom, 1-bathroom apartment of 85 m² on the 3rd floor, built in 2020, energy rating B. Located Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: This apartment boasts a private balcony overlooking the pool, enhancing outdoor living and leisure opportunities in a tranquil setting. Condition Notes: Impeccably maintained with modern finishes and a bright interior.
The valuation. The asking price of €650,000 is €24,233 (3.9%) above the fair value of €625,767, situating the property at a fair price point that reflects both its location and quality.
Fair value modelled at €625,767 from 5 comparable sales in the area. Asking €650,000 sits €24,233 (3.9%) above — overpriced versus fair value.
Asking €650,000 versus the Quarteira, Loulé, Faro area baseline of €618,951 (€7,282/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €618,951, adjusted for condition and micro-location, gives a modelled fair value of €625,767 (€7,362/m²), a €24,233 (3.9%) gap versus the €650,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · 3a7190 | Subject | €650,000 | €7,647 | — | 82 | 68 |
| Quarteira · ba593d | Active | €1,200,000 | €7,362 | 3.7% | 85 | 63 |
| Quarteira · 28baf4 | Active | €440,000 | €8,800 | 15.1% | 76 | 67 |
| rua das Pimenteiras | Active | €478,000 | €5,140 | 32.8% | 74 | 67 |
| Quarteira · de0b7d | Active | €1,000,000 | €7,407 | 3.1% | 90 | 71 |
| Median comp | €739,000 | €7,385 | 3.4% | 81 | 67 |
Short-term vacation rental The 2-bed apartment in Quarteira presents a fair investment opportunity for short-term vacation rental given the Algarve's tourism impact, which fosters stable demand. With a gross yield of 2.7% and a neighbourhood rating of 68/100, the property aligns well with the region's vacation rental market without significant price distortion. Family rental For family rental purposes, this property maintains a fair standing in the current market, benefiting from the area's economic stability and amenities. The yield of 2.7% reflects a solid investment, supported by the property’s good condition rating of 80/100, although the competition remains high in this segment. Long-term rental As a long-term rental, the apartment is appropriately valued and offers stability in a neighbourhood rated 68/100, indicative of consistent tenant demand. The 2-bed configuration suits family needs, but the yield of 2.7% may limit growth potential as rental prices stabilize in the area.
Economic Fluctuation Risk The economic and tenant stability scores of 65/100 indicate a moderate risk of fluctuations in rental income and occupancy rates, impacting overall profitability.
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