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 penthouse of 191 m², built in 2013, energy rating B. Located on rua do Brasil, Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: This penthouse includes a private terrace with unobstructed 360-degree views, perfect for outdoor dining, and is situated in a luxury condominium with extensive amenities.
The valuation. The asking price of €1,295,000 sits €267,468 (26.0%) above the fair value of €1,027,532, indicating the property is overpriced. Potential buyers should consider negotiating firmly to align the price closer to its fair market value.
Fair value modelled at €1,027,532 from 6 comparable sales in the area. Asking €1,295,000 sits €267,468 (26.0%) above — overpriced versus fair value.
Asking €1,295,000 versus the rua do Brasil area baseline of €975,996 (€5,110/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €975,996, adjusted for condition and micro-location, gives a modelled fair value of €1,027,532 (€5,380/m²), a €267,468 (26.0%) gap versus the €1,295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Brasil | Subject | €1,295,000 | €6,780 | — | 82 | 72 |
| rua Canais do Golfe S / N | Active | €750,000 | €4,839 | 28.6% | 80 | 60 |
| caminho Corgo da Colmeia | Active | €608,000 | €5,333 | 21.3% | 78 | 62 |
| Quarteira · 38b727 | Active | €1,149,000 | €6,313 | 6.9% | 85 | 54 |
| Quarteira · ab70b9 | Active | €850,000 | €5,380 | 20.7% | 82 | 68 |
| Median comp | €800,000 | €5,357 | 21.0% | 81 | 61 |
Short-term vacation rental The penthouse in Quarteira is overpriced, with a fair value gap of 26.0%, which limits the potential for a lucrative return on investment in the booming short-term rental market. Additionally, with a low yield of 1.9%, this property may not attract the high occupancy rates needed to justify its elevated price. Buy-and-hold Given the current listing price of €1,295,000 compared to the fair value of €1,027,532, investing as a buy-and-hold strategy appears financially imprudent at this stage. The property's rental income potential is further diminished by a gross yield of just 1.9%, making long-term appreciation uncertain unless the market shifts significantly. Family rental Although the penthouse could be appealing for family rental purposes given its size and location, its current price is substantially above fair market value, leading to a misalignment with potential rental income expectations. The combination of an overly high price and a low yield of 1.9% suggests that families may opt for more competitively priced alternatives in the market.
Potential for Economic Decline The economic stability score of 65/100 indicates a risk that local economic conditions may deteriorate, potentially impacting tenant demand and rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
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.
Sign in to buy the report or use a credit
