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 duplex of 149 m², built in 2009. Located on rua 1, Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: This duplex boasts a spacious private terrace designed for outdoor dining and relaxation, offering stunning views of the landscaped gardens and communal pool.
The valuation. The asking price of €650,000 sits above the fair value of €590,815, resulting in a discrepancy of €59,185 (10.0%). Verdict: fair.
Fair value modelled at €590,815 from 6 comparable sales in the area. Asking €650,000 sits €59,185 (10.0%) above — overpriced versus fair value.
Asking €650,000 versus the rua 1 area baseline of €553,617 (€3,716/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 €553,617, adjusted for condition and micro-location, gives a modelled fair value of €590,815 (€3,965/m²), a €59,185 (10.0%) gap versus the €650,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua 1 | Subject | €650,000 | €4,362 | — | 81 | 75 |
| rua Volta da Romãzeira | Active | €695,000 | €3,927 | 10.0% | 75 | 65 |
| rua do Semino, 2 | Active | €485,000 | €4,217 | 3.3% | 76 | 63 |
| Quarteira · 23f3e9 | Active | €595,000 | €3,940 | 9.7% | 85 | 68 |
| caminho do Millenium, 4 | Active | €560,000 | €4,000 | 8.3% | 75 | 67 |
| Median comp | €577,500 | €3,970 | 9.0% | 76 | 66 |
Short-term vacation rental The property’s proximity to the Algarve coast suggests a strong demand for short-term vacation rentals, capitalizing on its appeal to tourists. Despite a 3.2% gross yield, the investment aligns fairly with its market valuation, making it a reasonable option in a thriving rental market. Long-term rental With a fair market value of €590,815 and a rental yield of 3.2%, securing a long-term tenant could provide stable income, though it may not significantly enhance value beyond current levels. The condition rating of 80/100 indicates that while the property is in good shape, it competes with similarly priced offerings in the neighbourhood. Family rental This 2-bed duplex presents a suitable choice for families, given the economic stability linked to tourism and expat demand in Quarteira. While the property is fairly priced, the yield of 3.2% suggests that it may not generate exceptional returns compared to similar family housing options in the area.
Economic vulnerability The economic stability score of 65/100 indicates potential instability, which may affect long-term tenant retention and rent collection.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit