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 154 m² on the 2nd floor, built in 2021, energy rating A. Located Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: This apartment boasts a south-facing balcony perfect for sunbathing and additional outdoor living space, and its modern building features an elevator for easy access. Location: Steps from the beach and vital amenities, enhancing daily convenience.
The valuation. The asking price of €595,000 is positioned 10.0% below the fair value of €661,458, indicating that this property holds a fair value status that aligns with market expectations.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · 33bcae | Subject | €595,000 | €3,864 | — | — | 72 |
| Quarteira · 389593 | Active | €485,000 | €3,368 | 12.8% | 78 | 68 |
| Quarteira · de0b81 | Active | €575,000 | €4,228 | 9.4% | 85 | 73 |
| Quarteira · b7c089 | Active | €650,000 | €4,362 | 12.9% | 78 | 71 |
| urbanização Vila Sol S / N | Active | €650,000 | €4,392 | 13.7% | 75 | 70 |
| Median comp | €612,500 | €4,295 | 11.2% | 78 | 71 |
Short-term vacation rental The property’s fair valuation of €661,458 indicates it is positioned well for seasonal high demand, particularly given its proximity to the Algarve coast. However, with a yield of 3.6%, potential investors should be aware that returns may not significantly exceed rental costs. Long-term rental With a fair value gap of 10.0%, this apartment could be attractive for long-term leasing amidst stable demand in the Quarteira area. However, prospective landlords must consider the low condition rating of 0/100, which could necessitate significant investment to maintain tenant satisfaction. Buy-and-hold This property may suit buy-and-hold investors due to its expected appreciation in a tourist-favored neighborhood with a respectable score of 72/100. Still, its current pricing at €595,000 means that potential buyers are recommended to monitor market trends closely before committing. Not ideal for student housing Given its context and neighborhood score, this property is not a suitable candidate for student housing, which typically requires proximity to educational institutions. Additionally, the high price point of €595,000 might not be justified for student rental returns. Not ideal for industry-focused housing The characteristics of this apartment do not align with industry-focused housing, which tends to require more functional or purpose-built accommodations. Furthermore, the lack of essential amenities in the vicinity could hinder its attractiveness for employees seeking long-term residence.
Potential Economic Downturn There is a risk that the economic stability score of 65/100 could indicate vulnerability to market fluctuations, potentially affecting rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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