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 penthouse of 120 m² on the 2nd floor, energy rating C. Located on rua de Andorra, Quarteira parish, Loulé municipality, Faro district. The property features a magnificent rooftop terrace, providing panoramic 360-degree views, ideal for sunset gatherings or moments of relaxation.
The asking price of €490,000 is slightly above our assessed fair value of €480,000, indicating a €10,000 gap, or 2.1% downside relative to the asking price. Confidence in this fair value assessment is low.
The asking price is in line with the fair value. The fair value of this property is determined through a combination of the Transaction model, which relies on real transaction data from 291 recorded sales in Quarteira, and the Adjusted asking-price model based on current listings. This combination gives the Transaction model a weight of 55% and the Adjusted asking-price model 45%. For this property, no conservative adjustments were applied. As a result, the fair value stands at €480,000, representing a €10,000 (2.1%) downside versus the asking price of €490,000, indicating a low confidence in this estimate.
Gross yield 5.2% (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 €490,000 is slightly above the fair value of €480,000, reflecting a 2.1% downside versus the asking price. Furthermore, while the property is in good condition with a score of 81/100, the neighbourhood has a lower rating of 50/100, which could impact long-term value appreciation. Overall, confidence in this investment is low given the marginal price premium and mixed neighbourhood quality.
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 potential vulnerabilities in retaining tenants and economic resilience in the area. Data quality risk The data-quality check is blocked due to an advert lacking an area specification, which may lead to challenges in evaluating the property adequately. Fair value certainty risk The valuation indicates a fair value of €480,000 with low confidence, suggesting uncertainty regarding the accurate valuation of the property as micro-location transaction data is unavailable and estimates vary significantly.
Findings: 1
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
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Models 3.4.3 (Data quality v3 · Valuation v4.2 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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