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 102 m² on the 3rd floor, built in 1989, energy rating C. Located on rua Goppingen, 235, Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: This apartment includes an expansive 18m² sunroom and two convenient parking spaces with direct access, enhancing both comfort and practicality for residents.
The valuation. The asking price of €395,000 sits €17,468 (4.6%) above the fair value of €377,532, indicating a stable investment without being excessively priced. The property is assessed as fairly valued for potential buyers.
Fair value modelled at €377,532 from 5 comparable sales in the area. Asking €395,000 sits €17,468 (4.6%) above — overpriced versus fair value.
Asking €395,000 versus the rua Goppingen, 235 area baseline of €459,776 (€4,508/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 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 €459,776, adjusted for condition and micro-location, gives a modelled fair value of €377,532 (€3,701/m²), a €17,468 (4.6%) gap versus the €395,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Goppingen, 235 | Subject | €395,000 | €3,873 | — | 58 | 71 |
| Quarteira · 831567 | Active | €285,000 | €3,393 | 12.4% | 55 | 66 |
| Quarteira · 96c445 | Active | €285,000 | €3,701 | 4.4% | 65 | 68 |
| beco do Pinheiro, 52 | Active | €380,000 | €3,551 | 8.3% | 65 | 68 |
| Quarteira · be91a3 | Active | €420,000 | €4,200 | 8.5% | — | 71 |
| Median comp | €332,500 | €3,626 | 6.4% | 65 | 68 |
Short-term vacation rental Given the appealing Algarve location and a gross yield of 4.3%, this property has potential for consistent short-term rental income. However, despite its prime area, the property’s condition rating of 55/100 may deter high-end vacationers, limiting rental profitability. Buy-and-hold As a buy-and-hold investment, this property maintains a fair price in a robust housing market driven by tourism. The consistent demand for housing in Quarteira is promising, yet the property’s average condition may present challenges in attracting long-term tenants or significant appreciation. Family rental For a family rental strategy, this property sits in a neighborhood with a decent rating of 71/100, indicating acceptable amenities and tenant quality. Nevertheless, the current listing price reflects a marginal gap from fair value, suggesting that while it is suitably priced, the investment may not yield substantial long-term rent growth due to its condition.
Economic volatility risk With an economic stability score of 65/100, there is a potential risk of fluctuations in local economic conditions impacting tenant demand and rental income.
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