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 house of 85 m², built in 1993, energy rating D. Located on urbanização Tulipa, Quarteira parish, Loulé municipality, Faro district. This property features a terrace with direct access to a communal pool, providing a perfect space for outdoor relaxation and social gatherings.
The valuation. The asking price of €370,000 sits above the fair value estimate of €361,171, indicating a modest premium of €8,829, or 2.4%. This property therefore presents a fair valuation in the current market. Buy-to-flip angle. The short-term vacation rental strategy could yield a quick resale opportunity, capitalizing on the peak tourist season in Algarve. The property’s quality finishes and desirable location enhance its appeal for resale. Buy-to-let angle. With an estimated gross yield of 4.4% and monthly rental income of approximately €1,357, this buy-and-hold strategy is attractive. The demand for rental properties in tourist-heavy regions supports strong ongoing revenue potential.
Fair value modelled at €361,171 from 6 comparable sales in the area. Asking €370,000 sits €8,829 (2.4%) above — overpriced versus fair value.
Asking €370,000 versus the urbanização Tulipa area baseline of €359,543 (€4,230/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €359,543, adjusted for condition and micro-location, gives a modelled fair value of €361,171 (€4,249/m²), a €8,829 (2.4%) gap versus the €370,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| urbanização Tulipa | Subject | €370,000 | €4,353 | — | 72 | 63 |
| caminho dos Pinhais, 10 | Active | €495,000 | €3,808 | 12.5% | 72 | 70 |
| Quarteira · 9570b1 | Active | €750,000 | €3,927 | 9.8% | 72 | 65 |
| rua das Mélias | Active | €599,000 | €4,680 | 7.5% | 76 | 68 |
| rua de Volta das Alcachofras | Active | €448,000 | €4,571 | 5.0% | 70 | 72 |
| Median comp | €547,000 | €4,249 | 2.4% | 72 | 69 |
Short-term vacation rental This property, while currently priced fairly, offers a gross yield of 4.4% in a tourist-rich area like Quarteira. Given the seasonal demand for vacation rentals in the Algarve, this investment could generate stable short-term returns but may encounter fluctuations due to tourism cycles. Buy-and-hold The property is fairly valued at €370,000 compared to the fair value estimate of €361,171, making it a reasonable option for long-term holding. With its average condition score and a neighborhood rating of 63/100, it may appreciate modestly over time in this desirable Algarve region. Value-add renovation Although the current valuation aligns with fair market standards, there is potential to enhance property value through renovations, particularly given its condition score of 76/100. Improvements could increase its appeal as a vacation rental, enabling higher rental rates and greater returns in the future.
Tenant turnover risk With a tenant stability score of only 60/100, there is a heightened risk of frequent tenant turnover, which can lead to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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