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 48 m² on the 2nd floor, built in 1988, energy rating D. Located Quarteira parish, Loulé municipality, Faro district. The apartment's strategic location within a gated community enhances security and offers a vibrant lifestyle, with easy access to Vilamoura's prestigious marina and leisure facilities.
The valuation. The asking price of €299,000 is substantially below the fair value of €380,400, representing a savings of €81,400 (21.4%). This property is attractively underpriced.
Fair value modelled at €380,400 from 6 comparable sales in the area. Asking €299,000 sits €81,400 (21.4%) below — the upside to fair value.
Asking €299,000 versus the Quarteira, Loulé, Faro area baseline of €381,205 (€7,942/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 €381,205, adjusted for condition and micro-location, gives a modelled fair value of €380,400 (€7,925/m²), a €81,400 (21.4%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · 9c7b9c | Subject | €299,000 | €6,229 | — | 65 | 81 |
| Quarteira · 51cc9b | Active | €445,000 | €6,357 | 2.1% | 72 | 71 |
| Quarteira · 1f3558 | Active | €559,000 | €8,734 | 40.2% | 75 | 70 |
| rua da Áustria, 4 | Active | €380,000 | €7,600 | 22.0% | 75 | 62 |
| Quarteira · 8ee422 | Active | €349,900 | €8,972 | 44.0% | 75 | 74 |
| Median comp | €412,500 | €8,167 | 31.1% | 75 | 71 |
Short-term vacation rental The 1-bed apartment in Quarteira presents a compelling opportunity for short-term vacation rentals, especially given its pricing below the fair value by 21.4%. The strong tourism drive in Algarve promises consistent demand, enhancing the potential for attractive rental yields of 3.7%. Buy-and-hold Investing in this property offers the potential for appreciation, as its current listing of €299,000 is significantly below the estimated fair value of €380,400. With the neighbourhood score of 81/100 and a reliable economic backdrop from tourism, this property is likely to grow in value over time. Luxury market Although this 1-bed apartment is not classified as a luxury property, its fair value positioning suggests potential for upward mobility within the higher-end rental market. A strategic renovation could elevate the property’s appeal, tapping into the affluent tourist segment in the Algarve region. Not ideal for student housing The 1-bed apartment does not align well with student housing demands, as its location and amenities cater more effectively to vacationers. Moreover, the economic drivers in the area are primarily tourism-focused, making it unsuitable for long-term student rentals. Not ideal for industrial investment This property is not suited for industrial investment due to its residential nature and location in a tourism-driven area. The surrounding market does not support industrial growth, making this strategy impractical. Not ideal for agriculture-focused investment Investing in agriculture within this urban context is not viable, as the property is situated in a prime tourist locale with limited agricultural potential. The neighbourhood's focus on tourism and residential properties further diminishes the feasibility of agricultural investment.
Tenant turnover risk High tenant stability at 80/100 suggests reliability, but any fluctuation could impact cash flow, especially if economic conditions change given a moderate economic stability score of 78/100.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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