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.
3-bedroom, 2-bathroom apartment of 139 m², energy rating C. Located on urbanização Alsakia, Quarteira parish, Loulé municipality, Faro district. This apartment boasts multiple balconies with pool views and is located within a condominium that offers excellent amenities, including a gym and tennis court for active lifestyles.
The valuation. The asking price of €378,500 is €41,899 below the fair value of €420,399, indicating it is underpriced. This presents a solid opportunity for potential investors looking to acquire a valued asset.
Fair value modelled at €420,399 from 6 comparable sales in the area. Asking €378,500 sits €41,899 (10.0%) below — the upside to fair value.
Asking €378,500 versus the urbanização Alsakia area baseline of €434,262 (€3,124/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 €434,262, adjusted for condition and micro-location, gives a modelled fair value of €420,399 (€3,024/m²), a €41,899 (10.0%) gap versus the €378,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| urbanização Alsakia | Subject | €378,500 | €2,723 | — | 65 | 65 |
| Quarteira · 6fbbdf | Active | €490,000 | €3,161 | 16.1% | 74 | 65 |
| rua do Farol | Active | €350,000 | €2,047 | 24.8% | 68 | 73 |
| Quarteira · 1907b5 | Active | €425,000 | €3,148 | 15.6% | — | 68 |
| avenida Francisco Sá Carneiro, 1 | Active | €590,000 | €3,856 | 41.6% | 70 | 74 |
| Median comp | €457,500 | €3,155 | 15.8% | 70 | 71 |
Short-term vacation rental The property in Quarteira, listing at €378,500, is positioned as an attractive option for short-term vacation rentals given its 5.2% gross yield and proximity to tourist amenities. With a fair value of €420,399, this investment demonstrates a favorable gap that could enhance rental income potential in a thriving tourism market. Buy-and-hold Anchored by steady tourism growth in the Algarve, this 3-bed apartment can serve as a solid buy-and-hold investment, benefiting from long-term appreciation as property values in the neighborhood increase. The current listing price reflects a 10% gap below fair value, indicating an appealing entry point for future capital gains. Family rental With a decent condition rating of 70/100 and a fair value significantly higher than the listing price, this apartment presents a viable option for family rentals in a low-crime neighborhood. Its competitive gross yield of 5.2% suggests a reasonable return for landlords catering to families seeking long-term housing in an attractive area. Not ideal for: Student housing, Luxury market, Industrial investments This property is not suited for student housing due to the target demographic's typical preferences for proximity to educational institutions. Additionally, its positioning in the luxury market and industrial investments are misaligned with the characteristics of this apartment and its location, which is better leveraged in the tourism-driven sector.
Tenant turnover risk A tenant stability score of 65/100 indicates a moderate risk of tenant turnover, which could impact rental income stability and increase vacancy periods.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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