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 113 m², built in 2010, energy rating B. Located on rua do Poço Romano, 2, Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: This apartment boasts direct access to a large terrace, enhancing outdoor living space, and is located within a prestigious modern condominium with a lovely communal pool.
The valuation. The asking price of €700,000 is 3.2% below the fair value of €722,957, indicating that this property is fairly priced for potential buyers looking for a qualified investment opportunity.
Fair value modelled at €722,957 from 6 comparable sales in the area. Asking €700,000 sits €22,957 (3.2%) below — the upside to fair value.
Asking €700,000 versus the rua do Poço Romano, 2 area baseline of €671,209 (€5,940/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €671,209, adjusted for condition and micro-location, gives a modelled fair value of €722,957 (€6,398/m²), a €22,957 (3.2%) gap versus the €700,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Poço Romano, 2 | Subject | €700,000 | €6,195 | — | 85 | 70 |
| rua do Pinheiro | Active | €285,000 | €5,700 | 8.0% | 75 | 72 |
| Quarteira · 28b730 | Active | €595,000 | €6,398 | 3.3% | 80 | 74 |
| Quarteira · 6fbc79 | Active | €595,000 | €6,398 | 3.3% | 88 | 70 |
| Quarteira · 101b47 | Active | €425,000 | €5,903 | 4.7% | 72 | 72 |
| Median comp | €510,000 | €6,151 | 0.7% | 78 | 72 |
Short-term vacation rental The property in Quarteira has a slight fair value margin of 3.2%, indicating that it is priced fairly for short-term rentals backed by the region's robust tourism appeal. With a gross yield of 2.7%, the return on investment aligns with market expectations, though it may not be the standout choice for vacation rentals. Buy-and-hold As a buy-and-hold investment, this property reflects a fair valuation amidst stable growth patterns in the Algarve region, driven by consistent demand for residential accommodations. Although the yield of 2.7% is modest, the long-term appreciation potential remains favorable given the economic strength of the area. Long-term rental Given the apartment's fair valuation and favorable local economic conditions, it presents a decent opportunity for long-term rental strategies, particularly appealing to professionals in the tourism sector. However, the yield of 2.7% suggests limited room for aggressive growth, making it essential to monitor market dynamics carefully.
Economic downturn risk The economic stability score of 60/100 suggests potential vulnerability to downturns, which may impact rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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