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, 3-bathroom apartment of 134 m² on the 3rd floor, built in 1995, energy rating B. Located on rua do Leste, 10, Quarteira parish, Loulé municipality, Faro district. This property boasts a south-facing balcony with stunning sea views, perfect for enjoying outdoor living and sunsets while being just one minute walking distance from the beach.
The asking price sits at €790,000, which is significantly higher than our assessed fair value of €643,000, indicating that the property is overpriced. Confidence in this fair value is low.
The asking price is above the fair value. We built the fair value using a combination of the Transaction model and the Adjusted asking-price model. The Transaction model, accounting for 55%, is based on 293 recorded sales in Quarteira, while the Adjusted asking-price model contributes 45% using current listings adjusted to the sale level. No conservative adjustments were applied to this property. The result shows a fair value of €643,000, which indicates that the asking price is €147,000 above fair value, reflecting an 18.6% downside. Our confidence level in this valuation is low.
Gross yield 4.2% (before costs)
No specific strategy stands out for this property.
Negotiation room: Negotiation context: asking prices in this municipality run about 16% above what similar homes actually sell for, so there is usually room to negotiate
Investors should consider that the asking price of €790,000 is significantly above the fair value of €643,000, indicating an 18.6% downside compared to the asking price. The property is in good condition with a score of 84 out of 100, but the neighborhood rating of 50 out of 100 may raise concerns about long-term desirability and potential value appreciation. Given the low confidence in this valuation, careful consideration of the location and overall market trends is essential.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic stability score is 50/100, and the tenant stability score is also 50/100, indicating a mixed outlook for attracting and retaining reliable tenants. Data-quality risk The data-quality check reveals that the listings for this property disagree, which raises concerns about the accuracy and reliability of the information available. Fair value certainty risk The valuation is €643,000 with low confidence, meaning there is a significant uncertainty regarding the property's fair value as the estimates differ by more than the acceptable range.
Grade DFindings: 1
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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