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 82 m² on the 3rd floor, built in 1999, energy rating C. Located on avenida da Marina, 2, Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: This apartment boasts a fully equipped chef's kitchen and access to a condominium pool, enhancing both culinary and leisure experiences for residents.
The valuation. The asking price of €580,000 sits €170,011 above the fair value of €409,989, marking it as overpriced by 29.3%. This substantial gap signals potential challenges for achieving a favorable return on investment.
Fair value modelled at €409,989 from the area baseline, adjusted for condition and location. Asking €580,000 sits €170,011 (29.3%) above — overpriced versus fair value.
Asking €580,000 versus the avenida da Marina, 2 area baseline of €384,252 (€4,686/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 76 · Materials 82 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 65/100 (Housing Market 70 · Amenities 65 · Economic 55 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
avenida da Marina, 2
Area baseline €384,252 + condition +€5,638 + location +€22,888 = modelled fair value of €409,989 (€5,000/m²), a €170,011 (29.3%) gap versus the €580,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida da Marina, 2 | Subject | €580,000 | €7,073 | — | 76 | 65 |
| Quarteira · f360b0 | Active | €1,280,000 | €11,852 | 67.6% | 85 | 63 |
| Quarteira · 4a7fa6 | Active | €1,390,000 | €14,479 | 104.7% | 80 | 70 |
| Quarteira · 4d45a2 | Active | €899,000 | €7,684 | 8.6% | 80 | 62 |
| Quarteira · cfe043 | Active | €1,290,000 | €8,776 | 24.1% | 80 | 70 |
| Median comp | €1,285,000 | €10,314 | 45.8% | 80 | 67 |
Short-term vacation rental While the tourist demand in Quarteira provides a degree of potential for short-term rentals, the current listing price of €580,000 is significantly above its fair value of €409,989, indicating it is overpriced by 29.3%. This overpricing reduces the viability of generating attractive returns in the vacation rental market, given the 3% gross yield. Long-term rental The long-term rental strategy is negatively impacted by the property's pricing, as the €580,000 listing exceeds the fair value, making it overpriced by 29.3%. The low yield of 3% also suggests a limited return on investment, which diminishes the attractiveness of holding this property for long-term rental income. Buy-and-hold Investing in a buy-and-hold strategy for this Quarteira apartment is less appealing due to its overpriced nature at €580,000, particularly when compared to the fair value of €409,989, reflecting a significant 29.3% gap. This overvaluation, combined with modest amenities and tenant quality in the neighborhood, raises concerns about future appreciation and rental performance. Not ideal for Given the property’s pricing and location dynamics, it is not well-suited for student housing, luxury market positioning, or industrial use, which require more favorable economic conditions and property valuations to succeed.
Economic Vulnerability The low economic stability score of 55/100 indicates a potential risk of declining property values and compromised rental demand in the area.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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