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 120 m², energy rating A. Located Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: The property boasts a 48.90 m² private terrace with a pool, an exceptional amenity rarely found in T1 apartments, enhancing both luxury and outdoor living space.
The valuation. The asking price of €660,000 is underpriced by €114,137, or 14.7%, compared to the fair value of €774,137. This presents a strong opportunity for investors seeking a well valued asset. Buy-to-flip angle. With a high-quality condition rating of 84/100, there is potential for a renovation or enhancement strategy to maximize resale value in this desirable area. Targeting buyers in the Algarve's tourism sector could yield significant returns. Buy-to-let angle. The apartment's estimated rental income of €1,210/month provides a gross yield of 2.2%, making it suitable for short-term vacation rentals. The strong tourist demand in Quarteira supports a steady rental income stream.
Fair value modelled at €774,137 from 6 comparable sales in the area. Asking €660,000 sits €114,137 (14.7%) below — the upside to fair value.
Asking €660,000 versus the Quarteira, Loulé, Faro area baseline of €721,751 (€6,015/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 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 €721,751, adjusted for condition and micro-location, gives a modelled fair value of €774,137 (€6,451/m²), a €114,137 (14.7%) gap versus the €660,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · 07fbc7 | Subject | €660,000 | €5,500 | — | 90 | 65 |
| Quarteira · dee4bf | Active | €585,000 | €5,318 | 3.3% | 91 | 71 |
| Quarteira · 096fe5 | Active | €345,000 | €6,509 | 18.4% | 85 | 77 |
| Quarteira · 1e61cb | Active | €895,000 | €6,393 | 16.2% | 80 | 68 |
| Quarteira · 82c63d | Active | €850,000 | €5,380 | 2.2% | 85 | 75 |
| Median comp | €717,500 | €5,887 | 7.0% | 85 | 73 |
Short-term vacation rental The property’s location in the tourist region of Algarve makes it a prime candidate for short-term vacation rental opportunities, as demand from tourists continues to rise. Even though the gross yield of 2.2% is modest, the current listing price of €660,000 offers a significant gap of 14.7% from the fair value of €774,137, suggesting potential profitability in a vibrant market. Buy-and-hold Investing in this 1-bed apartment in Quarteira, Loulé represents a long-term buying opportunity given its status as a subvalued asset in a popular coastal destination. The gross yield of 2.2% indicates steady rental income potential, boosted by the property’s proximity to tourist attractions and favorable long-term appreciation trends. Value-add renovation This apartment presents an attractive value-add opportunity as renovations could enhance its condition score of 84/100 and improve overall tenant desirability. With a fair value of €774,137 compared to the current listing of €660,000, investors can capitalize on strategic upgrades to significantly increase rental income and property value over time.
Potential Tenant Turnover The combined scores of Economic Stability (60) and Tenant Stability (65) suggest a moderate risk of tenant turnover due to potential economic fluctuations impacting their ability to maintain long-term leases.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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