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 52 m², energy rating D. Located on rua do Forte Novo, Quarteira parish, Loulé municipality, Faro district. Noteworthy Feature: This property includes a charming garden area that, despite minor walkway damage, offers potential for outdoor relaxation and improvement, enhancing its appeal in a vibrant location.
The valuation. The asking price of €265,000 is below the fair value of €280,369, reflecting a difference of €15,369 (5.5%). Overall, this property can be considered fairly valued within its market context.
Fair value modelled at €280,369 from 6 comparable sales in the area. Asking €265,000 sits €15,369 (5.5%) below — the upside to fair value.
Asking €265,000 versus the rua do Forte Novo area baseline of €281,765 (€5,419/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 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 €281,765, adjusted for condition and micro-location, gives a modelled fair value of €280,369 (€5,392/m²), a €15,369 (5.5%) gap versus the €265,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Forte Novo | Subject | €265,000 | €5,096 | — | 66 | 70 |
| Quarteira · e554cc | Active | €250,000 | €6,250 | 22.6% | 70 | 70 |
| Quarteira · 190981 | Active | €350,000 | €5,147 | 1.0% | — | 72 |
| Quarteira · 33bc91 | Active | €310,000 | €5,636 | 10.6% | 70 | 70 |
| Quarteira · 57faad | Active | €310,000 | €4,844 | 5.0% | 65 | 64 |
| Median comp | €310,000 | €5,392 | 5.8% | 70 | 70 |
Short-term vacation rental The property in Quarteira, listed at €265,000, presents a fair investment opportunity for short-term vacation rentals, yielding 4.2% gross in a highly desirable tourist area of the Algarve. While it holds potential due to its location, the current listing is closely aligned with fair value, warranting careful consideration before purchase. Long-term rental Investing in this 1-bed apartment for long-term rental may be viable given its fair value of €280,369 and the stable demand for housing in the Algarve, despite a gross yield of 4.2%. However, prospective investors should account for the fair pricing and assess tenant quality in this seasonal market. Buy-and-hold The Quarteira apartment reflects a fair valuation that aligns with the unique opportunities in the region, particularly as a buy-and-hold asset in the seasonal tourism economy. Its current condition and location merit close evaluation, but purchasing now might limit appreciation potential over time given that it is priced fairly. Not ideal for The property does not suit student housing, industrial use, or luxury market strategies, as its appeal lies specifically in its residential context within a tourist-friendly area. Therefore, it should be approached with these limitations in mind for those seeking returns in such segments.
Economic vulnerability: The economic stability score of 65 indicates a moderate risk of economic downturns affecting rental demand, while a tenant stability score of 60 suggests potential issues with tenant retention, increasing vacancy rates and cash flow instability.
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