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 80 m² on the 2nd floor, energy rating D. Located on rua da Mónica, 49, Quarteira parish, Loulé municipality, Faro district. This apartment features a closed balcony marquee, offering additional year-round living space, and includes a dedicated parking space for convenient access.
The valuation. The asking price of €320,000 sits slightly above the fair value of €315,399, with a difference of €4,601, or 1.5%. This property is considered to be priced fairly.
Fair value modelled at €315,399 from 6 comparable sales in the area. Asking €320,000 sits €4,601 (1.5%) above — overpriced versus fair value.
Asking €320,000 versus the rua da Mónica, 49 area baseline of €313,782 (€3,922/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 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 €313,782, adjusted for condition and micro-location, gives a modelled fair value of €315,399 (€3,942/m²), a €4,601 (1.5%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Mónica, 49 | Subject | €320,000 | €4,000 | — | 68 | 70 |
| Quarteira · 76b46c | Active | €315,000 | €3,663 | 8.4% | 80 | 64 |
| Quarteira · cfe095 | Active | €495,000 | €4,500 | 12.5% | 72 | 66 |
| Quarteira · b7b561 | Active | €394,990 | €3,624 | 9.4% | 75 | 70 |
| Quarteira · 2d85ec | Active | €380,000 | €3,800 | 5.0% | 73 | 75 |
| Median comp | €387,495 | €3,732 | 6.7% | 74 | 68 |
Short-term vacation rental Given its location in Algarve, a prime tourist destination, this property holds potential for generating a steady gross yield of 4%. However, with a fair value only slightly lower than the listing price, it is important to approach this investment with caution as the market can be seasonal. Buy-and-hold The apartment's fair value of €315,399 indicates that the property is priced fairly, with minimal room for appreciation in the near term. Investors should consider the cyclical nature of the Algarve economy when evaluating long-term holding strategies, as the area is impacted by seasonal employment fluctuations. Family rental With a condition score of 72/100, this property could suit family rental needs, but the fair valuation implies limited upside for investment growth. Neighborhood ratings are average, suggesting moderate tenant quality that may result in stable but unspectacular rental income over time.
Economic Vulnerability The property is at risk due to an economic stability score of 55/100, indicating potential fluctuations in the market that could affect future 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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