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 116 m² on the 1st floor, energy rating C. Located on rua das Pimenteiras, Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: The apartment includes a practical pantry in the modern kitchen, enhancing organization and functionality in a stylish living space. Additional Storage: A private garage offers convenient parking and storage solutions.
The valuation. The asking price of €595,000 is below the fair value of €661,034 by €66,034 (10.0%). This property is underpriced, making it an attractive opportunity for buyers seeking value.
Fair value modelled at €661,034 from 6 comparable sales in the area. Asking €595,000 sits €66,034 (10.0%) below — the upside to fair value.
Asking €595,000 versus the rua das Pimenteiras area baseline of €657,631 (€5,669/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €657,631, adjusted for condition and micro-location, gives a modelled fair value of €661,034 (€5,699/m²), a €66,034 (10.0%) gap versus the €595,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua das Pimenteiras | Subject | €595,000 | €5,129 | — | 75 | 74 |
| Quarteira · d7a3fd | Active | €595,000 | €6,398 | 24.7% | 75 | 73 |
| avenida da Marina | Active | €580,000 | €5,088 | 0.8% | 74 | 68 |
| caminho do Lago, 4 | Active | €469,000 | €4,737 | 7.6% | 80 | 81 |
| Quarteira · f14e13 | Active | €760,000 | €6,333 | 23.5% | 80 | 72 |
| Median comp | €587,500 | €5,711 | 11.3% | 78 | 73 |
Short-term vacation rental The property is well-suited for short-term vacation rentals, given its location in a high-demand tourist area, with a fair value gap of 10.0%. The gross yield of 3.1% reinforces the potential for strong seasonal returns, making it an attractive option in the current market. Long-term rental With a fair value of €661,034 and current listing at €595,000, the property presents a compelling case for long-term rental opportunities. The apartment's condition rating of 77/100 and the neighborhood's score of 74/100 suggest it is appealing to reliable tenants, ensuring steady income. Buy-and-hold Acquiring this property for a buy-and-hold strategy could yield considerable appreciation, particularly with the gap to fair value of 10.0%. The ongoing demand from tourists and a stable economy in the area support the potential for consistent long-term capital growth.
Economic Volatility Risk With an economic stability score of 65/100, this property may face potential fluctuations in local market conditions, impacting rental income and property values. Tenant Turnover Risk A tenant stability score of 65/100 indicates a moderate risk for high tenant turnover, leading to increased vacancy rates and costs associated with finding new tenants.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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