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.
2-bedroom, 1-bathroom apartment of 87 m² on the 1st floor, energy rating D. Located on praça de Quarteira, Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: This apartment features granite-style countertops and dark wood wardrobes, signaling a mid-range quality that appeals to buyers looking for a customizable space in a prime location.
The valuation. The asking price of €320,000 is €29,652 below the fair value of €349,652, representing an 8.5% discount. This aligns with the conclusion that the property is fairly valued within the current market conditions.
Fair value modelled at €349,652 from 6 comparable sales in the area. Asking €320,000 sits €29,652 (8.5%) below — the upside to fair value.
Asking €320,000 versus the praça de Quarteira area baseline of €364,012 (€4,184/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 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 €364,012, adjusted for condition and micro-location, gives a modelled fair value of €349,652 (€4,019/m²), a €29,652 (8.5%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praça de Quarteira | Subject | €320,000 | €3,678 | — | 62 | 68 |
| Quarteira · 2fcd68 | Active | €320,000 | €3,765 | 2.4% | 65 | 66 |
| Quarteira · cfe095 | Active | €495,000 | €4,500 | 22.3% | 72 | 66 |
| rua da Mónica, 49 | Active | €320,000 | €4,000 | 8.8% | 68 | 70 |
| rua Vasco da Gama, 18 | Active | €310,000 | €3,523 | 4.2% | 65 | 62 |
| Median comp | €320,000 | €3,883 | 5.6% | 67 | 66 |
Short-term vacation rental The property in Quarteira, with a fair value slightly above its listing price, can attract tourists, given its proximity to the Algarve coast, driving a predictable demand for short-term rentals. However, the neighborhood's condition score of 68 indicates a moderate level of appeal which may limit potential rental rates and occupancy. Long-term rental With a gross yield of 4.5%, this 2-bed apartment presents a reasonable opportunity for long-term rental despite its fair valuation. The underlying economic conditions and local service-driven economy suggest steady demand from residents, although not at premium pricing levels. Buy-and-hold The fair valuation of the property at €320,000 indicates a stable market position for a buy-and-hold strategy, aligning with the area’s tourism-driven economy. However, with a condition score of 67, ongoing management and potential renovations may be required to optimize long-term asset appreciation. Not ideal for student housing The 2-bed apartment in Quarteira does not suit the student housing market due to its location and amenities that cater more to vacation rentals. Consequently, the prevailing economic and demographic trends in the area further limit its appeal to this demographic. Not ideal for luxury market The property, though fairly valued, lacks the high-end amenities and conditions typically sought after in the luxury market, which may lead to lower interest from that sector. With a more modest neighborhood rating, positioning in the luxury segment would likely be a challenge.
Economic Vulnerability With an economic stability score of 60/100, there is a moderate risk that economic downturns could negatively impact property values and tenant demand. Tenant Instability Despite a tenant stability score of 70/100, there remains a potential for fluctuations in tenant retention and overall lease security due to broader economic conditions.
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