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, 2-bathroom apartment of 116 m², energy rating C. Located on rua Gonçalo Velho, 67, Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: The apartment includes high-quality bathroom finishes and is located within walking distance to popular Quarteira beaches, enhancing its appeal for lifestyle or investment.
The valuation. The asking price of €390,000 is significantly below the fair value of €483,680, indicating a potential savings of €93,680 (19.4%). This property is clearly subvalued in the current market conditions.
Fair value modelled at €483,680 from 6 comparable sales in the area. Asking €390,000 sits €93,680 (19.4%) below — the upside to fair value.
Asking €390,000 versus the rua Gonçalo Velho, 67 area baseline of €438,491 (€3,780/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 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 €438,491, adjusted for condition and micro-location, gives a modelled fair value of €483,680 (€4,170/m²), a €93,680 (19.4%) gap versus the €390,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Gonçalo Velho, 67 | Subject | €390,000 | €3,362 | — | 82 | 70 |
| Quarteira · f10a0b | Active | €635,000 | €4,349 | 29.4% | 73 | 70 |
| Quarteira · 99f39b | Active | €650,000 | €4,745 | 41.1% | 78 | 74 |
| Quarteira · ba3e64 | Active | €370,000 | €3,737 | 11.2% | 73 | 70 |
| rua das Cássias | Active | €399,000 | €3,990 | 18.7% | 78 | 74 |
| Median comp | €517,000 | €4,170 | 24.0% | 76 | 72 |
Short-term vacation rental Given the strong tourism influence in Algarve, this property presents an opportunity for a short-term vacation rental strategy with a notable gross yield of 4.6%. The 19.4% gap to fair value suggests that investing in this property now could yield attractive returns as demand continues to rise in coastal areas. Long-term rental With a solid condition rating of 86/100, this 3-bed apartment is well-suited for long-term rentals, appealing to families looking for comfortable living in a desirable location. The robust market demand in Quarteira enhances the stability and potential cash flow for long-term tenants, presenting a viable investment choice. Family rental This spacious 3-bed apartment in Quarteira is ideal for families due to its larger living space, and proximity to essential amenities contributes to its attractiveness for family-oriented tenants. The blend of a strong neighborhood score of 70/100 and the overall condition boosts the appeal for family rentals, making it a strategic investment in an emerging market.
Economic vulnerability The economic stability score of 60/100 indicates potential fluctuations in local market conditions affecting rental income.
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