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 86 m², built in 1994, energy rating D. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. The apartment boasts a spacious terrace adorned with traditional tiles, offering panoramic views of the Gilão River and historic Tavira, perfect for outdoor dining and relaxation.
The valuation. The asking price of €385,000 is significantly higher than the fair value of €316,777, resulting in an overpriced situation of €68,223 (17.7%). This discrepancy indicates that potential investors should approach the property with caution.
Fair value modelled at €316,777 from the area baseline, adjusted for condition and location. Asking €385,000 sits €68,223 (17.7%) above — overpriced versus fair value.
Asking €385,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €265,396 (€3,086/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 (Condition 65 · Materials 74 · Room dimensions 71). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 61/100 (Housing Market 70 · Amenities 55 · Economic 45 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Tavira (Santa Maria e Santiago), Tavira, Faro
Area baseline €265,396 + condition -€8,600 + location +€13,713 = modelled fair value of €316,777 (€3,683/m²), a €68,223 (17.7%) gap versus the €385,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · 937136 | Subject | €385,000 | €4,477 | — | 65 | 61 |
| Tavira (Santa Maria e Santiago) · 1e6351 | Active | €285,000 | €3,750 | 16.2% | 72 | 50 |
| rua do Óculo, 11 | Active | €280,000 | €4,179 | 6.6% | 74 | 58 |
| travessa dos Fumeiros de Diante | Active | €530,000 | €4,530 | 1.2% | 75 | 64 |
| Tavira (Santa Maria e Santiago) · 1e65a8 | Active | €280,000 | €4,444 | 0.7% | 70 | 63 |
| Median comp | €282,500 | €4,312 | 3.7% | 73 | 61 |
Short-term vacation rental The property in Tavira is overpriced with a market price of €385,000 compared to the fair value of €316,777, indicating a significant premium that may deter potential renters. With a gross yield of only 3.5%, the high cost relative to rental income diminishes its attractiveness in an already competitive short-term rental market influenced by tourism. Family rental The excessive listing price makes this 2-bed apartment less appealing for family rental prospects, as the fair value gap of 17.7% raises concerns regarding long-term affordability for families. Additionally, with a neighborhood rating of 61/100, the property may struggle to attract family tenants seeking quality living environments. Buy-and-hold Although buy-and-hold strategies typically benefit from appreciating real estate values, the current price of €385,000 situates this property above its fair value, complicating future profitability. The modest gross yield of 3.5% further suggests that maintaining a hold position may not yield satisfactory returns in the long run given the high acquisition cost.
Economic volatility risk The low economic stability score of 45/100 indicates a higher potential for economic fluctuations that could impact rental income and property values negatively.
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