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 apartment of 86 m², built in 1982, energy rating D. Located Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: The apartment includes a sunroom accessible from the second bedroom, enhancing natural light and versatility for use as a quiet retreat or workspace.
The valuation. The asking price of €315,000 is positioned at 7.1% below the fair value of €339,054, suggesting a competitive market entry point for potential buyers. This pricing reflects a fair evaluation considering the apartment's modern upgrades and overall condition.
Fair value modelled at €339,054 from 6 comparable sales in the area. Asking €315,000 sits €24,054 (7.1%) below — the upside to fair value.
Asking €315,000 versus the Quarteira, Loulé, Faro area baseline of €310,499 (€3,610/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €310,499, adjusted for condition and micro-location, gives a modelled fair value of €339,054 (€3,942/m²), a €24,054 (7.1%) gap versus the €315,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · 76b46c | Subject | €315,000 | €3,663 | — | 80 | 64 |
| Quarteira · 023c24 | Active | €450,000 | €4,592 | 25.4% | 82 | 66 |
| Quarteira · cfe095 | Active | €495,000 | €4,500 | 22.9% | 72 | 66 |
| Quarteira · 2d85ec | Active | €380,000 | €3,800 | 3.7% | 73 | 75 |
| Quarteira · b7b561 | Active | €394,990 | €3,624 | 1.1% | 75 | 70 |
| Median comp | €422,495 | €4,150 | 13.3% | 74 | 68 |
Short-term vacation rental The apartment's location near a coastal town in Algarve makes it ideal for short-term vacation rentals, leveraging its proximity to tourist attractions and seasonal rental demand. With a fair value of €339,054 and an asking price reflecting a 7.1% gap, this property presents a reasonable opportunity, but it's vital to consider the competition in the local market. Long-term rental With a gross yield of 4.5% and a solid condition rating of 79/100, this property could perform adequately in a long-term rental strategy, appealing to stable tenant demographics seeking quality housing. Although the neighbourhood score is moderate at 64/100, the stable rental demand in the Algarve bolsters the investment appeal. Buy-and-hold The 2-bed apartment serves as a decent buy-and-hold option, given its fair valuation and the overall potential for appreciation in a tourist-favored region. However, investors must be aware that the market conditions and pricing structure suggest limited room for significant capital growth at its current price level. Not ideal for: Student housing, Luxury market
Tenant turnover risk The economic and tenant stability scores of 60/100 indicate a potential for higher tenant turnover, which may lead to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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