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 penthouse of 126 m² on the 4th floor, built in 2001, energy rating A. Located on avenida de Ceuta S / N, Quarteira parish, Loulé municipality, Faro district. Noteworthy Feature: This penthouse includes two magnificent private terraces, one enclosed, offering panoramic and unobstructed views of the city along with excellent sun exposure.
The valuation. The asking price of €530,000 is slightly below its fair value of €532,721, representing a difference of just €2,721 or 0.5%. Therefore, the property is assessed as being fairly priced. Buy-to-flip angle. With the potential for a resale strategy, minor aesthetic updates can capitalize on the high demand in the Algarve market, potentially increasing returns on a sale. This allows for a swift turnover after improvements. Buy-to-let angle. The estimated rental income is around €1,325 per month, yielding a gross yield of 3%. This consistent income reflects the strong rental demand due to proximity to the coast and tourism opportunities.
Fair value modelled at €532,721 from 5 comparable sales in the area. Asking €530,000 sits €2,721 (0.5%) below — the upside to fair value.
Asking €530,000 versus the avenida de Ceuta S / N area baseline of €494,829 (€3,927/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 is above the parish average, lifting 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 €494,829, adjusted for condition and micro-location, gives a modelled fair value of €532,721 (€4,228/m²), a €2,721 (0.5%) gap versus the €530,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida de Ceuta S / N | Subject | €530,000 | €4,206 | — | 80 | 71 |
| Quarteira · de0b81 | Active | €575,000 | €4,228 | 0.5% | 85 | 73 |
| rua Diogo Cão, 1 | Active | €520,000 | €3,824 | 9.1% | 80 | 64 |
| Quarteira · 389593 | Active | €485,000 | €3,368 | 19.9% | 78 | 68 |
| Quarteira · b329fe | Active | €699,000 | €4,369 | 3.9% | 85 | 68 |
| Median comp | €547,500 | €4,026 | 4.3% | 83 | 68 |
Short-term vacation rental The 2-bed penthouse in Quarteira offers a marginally attractive gross yield of 3%, factoring in its proximity to the Algarve coast, which drives tourist demand. However, considering its fair valuation at €530,000, the investment lacks the upside potential typically sought in short-term rental properties. Long-term rental With a fair value of €532,721 and a decent condition rating of 83/100, this penthouse could attract quality long-term tenants seeking comfort near major amenities. Yet, the yield of 3% may not justify the investment in light of its pricing relative to fair market value. Buy-and-hold The stable tourism economy surrounding Quarteira supports a reasonable buy-and-hold strategy for this penthouse, but with its valuation standing at €530,000, the long-term appreciation potential appears limited. The current gross yield of 3% does not provide compelling reasons to pursue this property as a solid long-term asset in a transaction market where upside is critical.
Economic Volatility Risk: The economic stability score of 68 suggests potential fluctuations in the local economy that could impact tenant income and demand, while the tenant stability score of 65 indicates a moderate risk of tenant turnover affecting rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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