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 130 m² on the 0th floor, built in 1900, energy rating B. Located on avenida dos Descobrimentos, Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: This apartment boasts a central piazza area with a lounge bar and fully equipped fitness room, providing an exclusive community atmosphere and exceptional amenities for residents.
The valuation. The asking price of €500,000 is positioned 9.0% below the fair value of €549,225, indicating the property is rightly valued in the current market context.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida dos Descobrimentos | Subject | €500,000 | €3,846 | — | — | 73 |
| Quarteira · 3a710c | Active | €495,000 | €3,486 | 9.4% | 70 | 70 |
| Quarteira · 4a8032 | Active | €550,000 | €4,264 | 10.9% | 75 | 72 |
| avenida dos Descobrimentos | Active | €540,000 | €4,186 | 8.8% | 75 | 72 |
| rua de Volta da Garça | Active | €470,000 | €5,875 | 52.8% | 70 | 72 |
| Median comp | €517,500 | €4,225 | 9.9% | 73 | 72 |
Short-term vacation rental The property in Quarteira, while in a tourist-friendly location, is priced at €500,000, representing a fair value evaluation with only a 9% gap to the fair market price of €549,225. The 4.5% gross yield is modest, and with the condition rated at 0/100, it suggests necessary renovations that could impact short-term rental profitability. Buy-and-hold As a buy-and-hold investment, the property offers a stable location within Algarve, which supports long-term demand driven by tourism; however, at €500,000, it is fairly valued, just under the estimated fair value. Despite the favorable neighborhood rating of 73/100, the current condition score of 0/100 means significant investment may be needed to maintain or enhance its value over time. Family rental Given its size and location, this apartment could suit families; however, the pricing situation at €500,000 reflects a fair value assessment, with only a slight gap to the estimated fair value of €549,225. The limited school options in the area compared to larger cities may deter some potential family renters, affecting overall appeal in this segment.
Economic Volatility Risk The economic stability score of 65/100 suggests potential fluctuations in local economic conditions that could 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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