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.
1-bedroom, 1-bathroom apartment of 54 m² on the 3rd floor, energy rating C. Located Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: This 1-bedroom apartment boasts two balconies offering panoramic sea views, enhancing its appeal in the vibrant city center of Quarteira.
The valuation. The asking price of €295,000 sits slightly below the fair value of €305,730, presenting a difference of €10,730, or 3.5%. The property is assessed as being valued fairly. Buy-to-flip angle. A buy-to-flip strategy may involve cosmetic upgrades to the apartment, aiming for a targeted resale price exceeding €305,730 within a short timeframe. This approach leverages the desirable location in Algarve for quick turnover. Buy-to-let angle. The estimated rental income of €983 per month translates to a gross yield of 4%, making it a viable option for long-term rental in the tourist-heavy market of Quarteira. The mixed neighborhood rating supports potential rental value.
Fair value modelled at €305,730 from 6 comparable sales in the area. Asking €295,000 sits €10,730 (3.5%) below — the upside to fair value.
Asking €295,000 versus the Quarteira, Loulé, Faro area baseline of €332,164 (€6,151/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 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 €332,164, adjusted for condition and micro-location, gives a modelled fair value of €305,730 (€5,662/m²), a €10,730 (3.5%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · 2fcded | Subject | €295,000 | €5,463 | — | 65 | 66 |
| Quarteira · a80311 | Active | €290,000 | €5,088 | 6.9% | 65 | 68 |
| Quarteira · cbc03c | Active | €250,000 | €5,000 | 8.5% | 70 | 68 |
| Quarteira · 439175 | Active | €360,000 | €5,902 | 8.0% | 60 | 70 |
| Quarteira · be91ac | Active | €235,000 | €6,351 | 16.3% | 65 | 66 |
| Median comp | €270,000 | €5,495 | 0.6% | 65 | 68 |
Short-term vacation rental Given its location in the tourist-heavy Algarve region, the 1-bed apartment in Quarteira has favorable conditions for a short-term vacation rental strategy, particularly with a gross yield of 4%. However, the fair value of the property at €305,730 paired with its current listing price suggests that while the investment is poised for demand, it is priced fairly rather than offering a discount. Long-term rental The apartment shows strong potential for long-term rental opportunities within a neighborhood rated 66/100, indicating reasonable tenant quality and nearby amenities. Nonetheless, with the property being listed for €295,000 and a fair value close at €305,730, it is important to note that the investment is aligned with market expectations rather than being a bargain. Value-add renovation While the property is in moderate condition (63/100), a value-add renovation could enhance its appeal and potentially improve rental prospects in this tourist-dense area. However, with a fair valuation of €305,730 and a listing of €295,000, the property’s pricing reflects its current status without indicating an immediate opportunity for significant value creation. Not ideal for student housing The property’s location and characteristic amenities do not cater effectively to the student housing market, which requires different specifications and higher turnover. As such, pursuing this strategy may not yield the desirable returns in this specific neighborhood context. Not ideal for luxury market The apartment’s features and neighborhood demographics do not align with the expectations of the luxury market, which typically demands higher standards and exclusivity. Consequently, targeting this market for investment would unlikely result in favorable outcomes given the property’s positioning.
Economic Volatility Risk Given the economic stability score of 65/100, there is a risk of fluctuations in the local economy that could impact property values and rental income.
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