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.
1-bedroom, 1-bathroom apartment of 67 m² on the 2nd floor, built in 1989, energy rating E. Located Quarteira parish, Loulé municipality, Faro district. Key Feature: This apartment offers a parking space in the basement, a significant convenience in a bustling area close to the Marina of Vilamoura. Investment Potential: Ideal for seasonal rentals given its proximity to restaurants and attractions.
The valuation. The asking price of €290,000 sits slightly below the fair value of €294,929, indicating the property is priced fairly at just 1.7% under fair value. Buy-to-flip angle. With the potential for minor renovations, this property could be resold quickly for a profit, leveraging the strong demand in the Algarve market. Buy-to-let angle. The estimated gross yield of 4.6% suggests that this apartment could generate approximately €1,112 monthly, making it a solid long-term rental investment in a tourism-driven area.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · 76b1ab | Subject | €290,000 | €4,328 | — | — | 63 |
| Quarteira · 5e6347 | Active | €298,000 | €4,448 | 2.8% | 70 | 72 |
| Quarteira · f46aaf | Active | €298,000 | €4,448 | 2.8% | 72 | 72 |
| Quarteira · 51b400 | Active | €270,000 | €4,154 | 4.0% | 74 | 69 |
| avenida de Quarteira | Active | €220,000 | €4,400 | 1.7% | — | 63 |
| Median comp | €284,000 | €4,424 | 2.2% | 72 | 71 |
Short-term vacation rental This property, positioned in Quarteira, benefits from the Algarve's strong tourist appeal, making it a suitable candidate for short-term vacation rentals. However, the fair value assessment indicates that the pricing is only slightly below the market average, suggesting limited room for significant earnings potential. Buy-and-hold Given its fair valuation and stable yield of 4.6%, investing in this property as a buy-and-hold could provide moderate returns over time, particularly given the area's reliance on tourism for economic stability. Nevertheless, the property’s condition rating leaves room for potential improvement that might enhance long-term value. Family rental The 1-bed apartment in a neighborhood with a tenant quality rating of 63/100 could cater to families looking for temporary housing near the coast, albeit with limited appeal due to its condition score of 0/100. While the fair price suggests an acceptable entry point, the property does not currently align with family-centric living standards which could affect its attractiveness in this strategy.
Economic Risk The economic stability score of 50/100 indicates a significant risk of economic downturns that could affect tenant demand and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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