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, 3-bathroom duplex of 170 m², energy rating B. Located on caminho da Fonte do Ulme, Quarteira parish, Loulé municipality, Faro district. Remarkable Feature: The property includes a modern kitchen with high-quality appliances, seamlessly integrating luxury and functionality for an exceptional culinary experience. Additional Feature: Spacious terraces enhance outdoor living, perfect for relaxation or entertainment.
The valuation. The asking price of €749,000 is considerably above the fair value of €663,587, representing a discrepancy of €85,413 (12.9%). This property is distinctly overpriced in the current market context.
Fair value modelled at €663,587 from 6 comparable sales in the area. Asking €749,000 sits €85,413 (12.9%) above — overpriced versus fair value.
Asking €749,000 versus the caminho da Fonte do Ulme area baseline of €570,757 (€3,357/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 €570,757, adjusted for condition and micro-location, gives a modelled fair value of €663,587 (€3,903/m²), a €85,413 (12.9%) gap versus the €749,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| caminho da Fonte do Ulme | Subject | €749,000 | €4,406 | — | 85 | 66 |
| avenida dos Descobrimentos | Active | €649,000 | €3,840 | 12.8% | 80 | 64 |
| caminho Corgo da Colmeia | Active | €595,000 | €5,219 | 18.5% | 84 | 72 |
| Quarteira · 4a8032 | Active | €550,000 | €4,264 | 3.2% | 75 | 72 |
| rua do Brasil | Active | €602,000 | €3,440 | 21.9% | 85 | 70 |
| Median comp | €598,500 | €4,052 | 8.0% | 82 | 71 |
Short-term vacation rental The property’s current listing price of €749,000 represents a 12.9% gap above its fair value of €663,587, suggesting it is not a desirable investment for short-term vacation rentals where yields are influenced by high purchase prices. Additionally, the 3.4% gross yield reflects limited profitability given the seasonal variability in housing demand in the Algarve region. Long-term rental While Quarteira’s tourism infrastructure supports rental demand, the property's asking price of €749,000 makes it less attractive for long-term rental strategies, given its value gap of 12.9% above fair value. The gross yield of 3.4% further indicates that returns may not justify the investment considering the rental market's fluctuations. Value-add renovation Investing in value-add renovations can be a compelling strategy; however, the current price of €749,000, which exceeds fair value by 12.9%, may limit the potential returns from such renovations. With a condition score of 83/100 suggesting moderate quality, the renovation costs could further erode profit margins in a market that is already overpriced. Not ideal for: Student housing, Luxury market, Commercial development The property is positioned in a rural setting that lacks the necessary amenities and tenant demand for student housing, luxury markets, or commercial development, indicating a mismatch of investment strategy and market realities.
Economic volatility risk The property could be adversely affected by fluctuations in the local economy, as indicated by a moderate economic stability score of 65, which may lead to uncertainties in rental income and property value.
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