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, 2-bathroom apartment of 133 m², energy rating B. Located on rua do Leste, Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: The apartment boasts expansive sea views from the south-facing balcony and includes high-end finishes like a minimalist kitchen with premium stone countertops and modern floating vanities.
The valuation. The asking price of €790,000 sits slightly below the fair value of €804,482, representing a minor difference of €14,482 (1.8%). Verdict: fair.
Fair value modelled at €804,482 from 6 comparable sales in the area. Asking €790,000 sits €14,482 (1.8%) below — the upside to fair value.
Asking €790,000 versus the rua do Leste area baseline of €729,079 (€5,482/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €729,079, adjusted for condition and micro-location, gives a modelled fair value of €804,482 (€6,049/m²), a €14,482 (1.8%) gap versus the €790,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Leste | Subject | €790,000 | €5,940 | — | 92 | 73 |
| rua Luis de Camoes, 71 | Active | €375,000 | €5,357 | 9.8% | 78 | 69 |
| rua do Poço Romano, 2 | Active | €700,000 | €6,195 | 4.3% | 85 | 70 |
| Quarteira · 101b47 | Active | €425,000 | €5,903 | 0.6% | 72 | 72 |
| rua do Pinheiro | Active | €285,000 | €5,700 | 4.0% | 75 | 72 |
| Median comp | €400,000 | €5,802 | 2.3% | 77 | 71 |
Short-term vacation rental This 1-bed apartment in Quarteira presents a fair value proposition with a gross yield of 1.9%, making it suitable for the short-term vacation rental market. Given its tourist-driven location in the Algarve, it can attract visitors looking for proximity to beaches and attractions, despite being within a competitive rental landscape. Long-term rental The property, listed at €790,000 with a fair value slightly higher at €804,482, suggests it may serve well as a long-term rental option within a neighbourhood that scores 73/100. While the yield is on the lower side at 1.9%, the overall condition rating of 85/100 indicates that it could appeal to stable, long-term tenants. Buy-and-hold Investing in this property as a buy-and-hold strategy is justifiable given the fair valuation and its coastal location in Quarteira, which may promote steady appreciation over time. While the investment yield is modest at 1.9%, the surrounding community amenities and tourism-driven economy enhance the potential for long-term growth. Not ideal for Given the current pricing and rental yield, this property is not suited for the luxury market or student housing. Additionally, its characteristics do not align with industrial investment opportunities, reflecting limited appeal in those sectors.
Tenant turnover risk The combination of a tenant stability score of 70/100 suggests potential challenges in retaining tenants, which could impact rental income and lead to increased vacancy rates.
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