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, 2-bathroom apartment of 90 m², built in 2007, energy rating A. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. This apartment offers exclusive access to resort-style amenities including two swimming pools, tennis courts, and communal gardens, enhancing its attractiveness as a lifestyle investment in Tavira.
The valuation. The asking price of €360,000 sits €12,802 (3.6%) above the fair value of €347,198, indicating the property is overpriced. Such a premium may deter potential buyers seeking value-driven investments.
Fair value modelled at €347,198 from the area baseline, adjusted for condition and location. Asking €360,000 sits €12,802 (3.6%) above — overpriced versus fair value.
Asking €360,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €277,740 (€3,086/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 73 · Materials 80 · Room dimensions 77). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 63/100 (Housing Market 70 · Amenities 65 · Economic 60 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
Tavira (Santa Maria e Santiago), Tavira, Faro
Area baseline €277,740 + condition +€4,078 + location +€16,960 = modelled fair value of €347,198 (€3,858/m²), a €12,802 (3.6%) gap versus the €360,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · 38b19e | Subject | €360,000 | €4,000 | — | 73 | 63 |
| praça da República | Active | €525,000 | €4,565 | 14.1% | 82 | 66 |
| Conceição e Cabanas de Tavira · 49b741 | Active | €449,000 | €4,317 | 7.9% | 75 | 64 |
| rua Bonaventura de Reis, 7 | Active | €225,000 | €2,922 | 26.9% | 70 | 55 |
| Tavira (Santa Maria e Santiago) · 25f70c | Active | €360,000 | €3,830 | 4.3% | 75 | 62 |
| Median comp | €404,500 | €4,074 | 1.8% | 75 | 63 |
Short-term vacation rental Given that the property is listed at €360,000 while its fair value is €347,198, this investment is overpriced by 3.6%. With a gross yield of 4.1%, potential returns are likely limited by the premium price. Long-term rental The property’s high listing price compared to its fair value indicates an overpriced position in the market, which may restrict long-term rental profitability. The current yield of 4.1% suggests that significant growth in rental income may be needed to justify the asking price. Buy-and-hold While Tavira's attractive location within the Algarve could support long-term appreciation, this specific property is currently overpriced at €360,000 versus the fair value of €347,198. Therefore, holding onto this asset may yield mediocre returns, particularly with a gross yield of only 4.1%.
Economic and Tenant Instability Risk: With an economic stability score of 60/100 and a tenant stability score of 55/100, there is a significant risk of fluctuating rental income due to potential tenant turnover and broader economic challenges.
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