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, 1-bathroom duplex of 72 m², built in 1983. Located on largo Soares da Costa, 5, Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: The duplex boasts unique, eclectic decor, reflecting its character and age, as well as a functional layout conducive to versatile living or rental options.
The valuation. The asking price of €440,000 sits €35,000 (8.6%) above the estimated fair value of €405,000, indicating that this property is reasonably priced but not a standout deal in a competitive market.
Fair value modelled at €405,000 from 6 comparable sales in the area. Asking €440,000 sits €35,000 (8.6%) above — overpriced versus fair value.
Asking €440,000 versus the largo Soares da Costa, 5 area baseline of €432,703 (€6,010/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 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 €432,703, adjusted for condition and micro-location, gives a modelled fair value of €405,000 (€5,625/m²), a €35,000 (8.6%) gap versus the €440,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| largo Soares da Costa, 5 | Subject | €440,000 | €6,111 | — | 70 | 66 |
| rua do Clube Náutico, 5 | Active | €350,000 | €5,738 | 6.1% | 65 | 70 |
| Quarteira · cbc03c | Active | €250,000 | €5,000 | 18.2% | 70 | 68 |
| Quarteira · 6a91cc | Active | €495,000 | €5,625 | 8.0% | 65 | 60 |
| rua do Sol, 8 | Active | €395,000 | €6,270 | 2.6% | — | 72 |
| Median comp | €372,500 | €5,682 | 7.0% | 65 | 69 |
Long-term rental The duplex in Quarteira presents a modest gross yield of 3.6%, which suggests that its current listing price aligns closely with the market. Given the fair value estimation of €405,000, the property is unlikely to yield significant returns for long-term rental, particularly in a market characterized by fluctuating seasonal demand. Short-term vacation rental While the property's proximity to Algarve's tourist attractions could attract short-term tenants, the 3.6% gross yield indicates that it may not command high enough rental rates to justify the current asking price. The vacation rental market in this rural but touristic area may also experience inconsistent demand, which could affect profitability. Buy-and-hold A buy-and-hold strategy for this duplex may not be optimal, as the fair value of €405,000 suggests that the property is not priced to capitalize on long-term appreciation. The combination of a yield of 3.6% and average neighborhood scores makes it challenging to foresee substantial value growth in the future.
Economic Vulnerability The investment faces risks due to a relatively low economic stability score of 55/100, which may indicate potential fluctuations in the market and income instability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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