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.
3-bedroom, 3-bathroom apartment of 118 m², built in 2015, energy rating C. Located on rua Gago Coutinho, 66, Quarteira parish, Loulé municipality, Faro district. This apartment features mirrored glass and blackout curtains, enhancing privacy while allowing for customizable light control, perfect for a serene living experience close to the beach.
The valuation. The asking price of €390,000 sits just below the fair value of €400,755, indicating a minor discrepancy of €10,755 or 2.7%. This suggests the property is priced reasonably, reflecting a fair valuation given its condition and market location.
Fair value modelled at €400,755 from 5 comparable sales in the area. Asking €390,000 sits €10,755 (2.7%) below — the upside to fair value.
Asking €390,000 versus the rua Gago Coutinho, 66 area baseline of €376,737 (€3,193/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €376,737, adjusted for condition and micro-location, gives a modelled fair value of €400,755 (€3,396/m²), a €10,755 (2.7%) gap versus the €390,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Gago Coutinho, 66 | Subject | €390,000 | €3,305 | — | 78 | 70 |
| rua José Maria de Pádua | Active | €380,000 | €2,901 | 12.2% | 72 | 70 |
| Quarteira · 1e63bf | Active | €545,000 | €3,244 | 1.8% | 72 | 65 |
| Quarteira · 6fb937 | Active | €649,000 | €4,160 | 25.9% | 74 | 71 |
| Quarteira · 28b98c | Active | €725,000 | €3,940 | 19.2% | 80 | 69 |
| Median comp | €597,000 | €3,592 | 8.7% | 73 | 70 |
Short-term vacation rental The property is fairly priced at €390,000 and holds a strong gross yield of 4.6%, suitable for the lucrative vacation rental market in Algarve. Given the region's appeal as a prime tourist destination, this strategy could yield steady returns during peak seasons despite the property being of medium condition and neighborhood rating. Buy-and-hold This apartment presents a fair investment opportunity due to its fair value of €400,755, indicating price stability in a sought-after location. The rental yield of 4.6% suggests potential for consistent cash flow, aligning well with a long-term investment perspective despite seasonal market fluctuations. Family rental With a fair price of €390,000 and a rental yield of 4.6%, this property could serve as a stable option for family rentals in the Algarve. However, the medium neighborhood rating and condition suggest that tenant quality may vary, affecting long-term rental desirability. Not ideal for: Student housing Due to the seasonal employment backdrop in Quarteira, this property does not align well with the needs of student housing, which typically requires year-round occupancy. The current pricing and demographics do not support a sustainable student rental strategy, indicating potential challenges in tenant retention.
Potential Economic Downturn The economic stability score of 60/100 suggests a higher risk of adverse economic conditions affecting rental income stability, which could impact tenant reliability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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