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, 2-bathroom apartment of 114 m² on the 2nd floor, energy rating D. Located Quarteira parish, Loulé municipality, Faro district. Notable Features: The property includes a large terrace accessible from the master bedroom and features a private condominium with a well-maintained garden and pool. Location Advantage: Just a 5-minute walk from Falesia Beach, one of the Algarve's finest.
The valuation. The asking price of €450,000 reflects a slight discount of €10,000 or 2.2% compared to the fair value of €460,000, indicating the property is priced fairly within the market. Buy-to-flip angle. A resale strategy could focus on short-term vacation rentals within the Algarve tourist zone, capitalizing on seasonal demand to achieve a profitable flip. Buy-to-let angle. The estimated rental income of €1,650 per month suggests a gross yield of 4.4%, making this property an attractive buy-and-hold investment for long-term rental purposes.
Fair value modelled at €460,000 from 5 comparable sales in the area. Asking €450,000 sits €10,000 (2.2%) below — the upside to fair value.
Asking €450,000 versus the Quarteira, Loulé, Faro area baseline of €481,617 (€4,225/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 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 €481,617, adjusted for condition and micro-location, gives a modelled fair value of €460,000 (€4,035/m²), a €10,000 (2.2%) gap versus the €450,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · 3a71a4 | Subject | €450,000 | €3,947 | — | 70 | 71 |
| caminho do Millenium | Active | €480,000 | €3,429 | 13.1% | 72 | 70 |
| Quarteira · 15e214 | Active | €460,000 | €4,035 | 2.2% | 73 | 67 |
| rua Melvin Jones | Active | €380,000 | €4,222 | 7.0% | 74 | 74 |
| rua das Grevílias | Active | €620,000 | €3,563 | 9.7% | 70 | 73 |
| Median comp | €470,000 | €3,799 | 3.8% | 73 | 72 |
Short-term vacation rental The property’s location in the Algarve tourist zone positions it well for summer rentals, supported by its gross yield of 4.4%. However, with fair value only marginally above the listing price, this investment carries limited upside potential. Buy-and-hold While purchasing this apartment presents an opportunity for long-term investment in a tourist-friendly area, the fair value differential of just 2.2% suggests minimal immediate equity gain. Consequently, the steady rental income may not justify the current cost level compared to future growth expectations. Value-add renovation Although enhancing the property could potentially improve its market appeal and rental yield, the current valuation nearly aligns with fair value. Overall, the potential returns do not offset the risk of overcapitalization given the property’s pricing at €450,000, only slightly below fair value. Not ideal for: Student housing, Industrial development, Luxury market.
Economic Vulnerability The economic stability score of 65/100 suggests potential fluctuations in the market, which may impact rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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