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 139 m², built in 2003, energy rating C. Located Quarteira parish, Loulé municipality, Faro district. Noteworthy Feature: The apartment includes attic storage, providing convenient space for seasonal items and enhancing the overall utility of the living area.
The valuation. The asking price of €590,000 sits slightly above the fair value of €558,844, reflecting a premium of €31,156 (5.6%). This valuation aligns with the assessment that the property is fairly priced given its quality and location.
Fair value modelled at €558,844 from 6 comparable sales in the area. Asking €590,000 sits €31,156 (5.6%) above — overpriced versus fair value.
Asking €590,000 versus the Quarteira, Loulé, Faro area baseline of €567,128 (€4,080/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €567,128, adjusted for condition and micro-location, gives a modelled fair value of €558,844 (€4,020/m²), a €31,156 (5.6%) gap versus the €590,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · e83521 | Subject | €590,000 | €4,245 | — | 72 | 64 |
| Quarteira · 937210 | Active | €375,000 | €3,571 | 15.9% | 82 | 62 |
| Quarteira · f46d2a | Active | €399,000 | €4,694 | 10.6% | 72 | 72 |
| avenida do Parque | Active | €370,000 | €3,592 | 15.4% | 70 | 76 |
| rua do Semino, 2 | Active | €485,000 | €4,217 | 0.6% | 76 | 63 |
| Median comp | €387,000 | €3,905 | 8.0% | 74 | 68 |
Short-term vacation rental While the gross yield of 3.5% indicates a reasonable return, the property is priced 5.6% above its fair value at €590,000. Given its proximity to the Algarve coast and tourism-driven market, it may still attract vacationers but does not present a strong investment opportunity due to the lack of upside. Long-term rental With a fair value of €558,844 and a current listing price reflecting a 5.6% premium, the property’s gross yield of 3.5% suggests stable but limited income potential. The local demand from expats and retirees offers tenant stability; however, the pricing does not align favorably for long-term rental profitability. Buy-and-hold The current valuation of €590,000 places the property 5.6% over the fair market price, which may hinder long-term appreciation prospects. The neighborhood's amenities and overall community support provide a decent living environment, yet the excessive price dampens the attractiveness of this buy-and-hold strategy.
Economic and Tenant Instability Risk With both the economic stability and tenant stability scores at 60/100, there is a heightened risk of rental income volatility due to potential fluctuations in demand and tenant turnover rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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