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 house of 123 m², built in 1984, energy rating B. Located on avenida do Cerro da Vila, Quarteira parish, Loulé municipality, Faro district. This property features a stunning covered terrace ideal for year-round outdoor dining and leisure, complemented by its proximity to Vilamoura Marina and local amenities.
The valuation. The asking price of €675,000 is essentially in line with the fair value of €674,893, representing a negligible difference of €107 (0.0%). Verdict: fair. Buy-to-flip angle. The property can be renovated further to enhance its appeal, targeting a resale at a premium in a robust market, capitalizing on the high demand in Quarteira. Buy-to-let angle. With an estimated gross yield of 5% and potential rental income of ~€2,812/month, this property is a strong candidate for stable cash flow through short-term vacation rentals in a prime tourist area.
Fair value modelled at €674,893 from 6 comparable sales in the area. Asking €675,000 sits €107 (0.0%) above — overpriced versus fair value.
Asking €675,000 versus the avenida do Cerro da Vila area baseline of €647,900 (€5,267/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €647,900, adjusted for condition and micro-location, gives a modelled fair value of €674,893 (€5,487/m²), a €107 (0.0%) gap versus the €675,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida do Cerro da Vila | Subject | €675,000 | €5,488 | — | 80 | 72 |
| caminho do Cuco | Active | €795,000 | €5,336 | 2.8% | 80 | 70 |
| estrada de Quarteira | Active | €795,000 | €5,638 | 2.7% | 82 | 66 |
| rua dos Aguadeiros | Active | €790,000 | €4,847 | 11.7% | 80 | 69 |
| rua do Brasil | Active | €1,450,000 | €9,177 | 67.2% | 76 | 70 |
| Median comp | €795,000 | €5,487 | 0% | 80 | 70 |
Short-term vacation rental With a gross yield of 5% and strong demand in the Algarve region, this property presents a solid opportunity for short-term vacation rentals. Its proximity to the beach and tourist activities enhances its appeal, although the price is aligned with its fair value of €674,893. Buy-and-hold Considering the fair valuation and the solid average condition score of 78/100, this property can serve as a stable buy-and-hold investment. While it is not particularly undervalued, the location's tourist attraction supports long-term property value retention. Long-term rental With a fair price and a decent gross yield of 5%, this property may work for long-term rental investments, but as the market is not undervalued, cautious assessment is recommended. The neighborhood's rating of 72/100 suggests reasonable tenant quality, yet the current pricing indicates no significant upside at this time.
Economic vulnerability The economic stability score of 60 indicates potential risks related to fluctuations in the local market, which can impact tenant retention and rental income.
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