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 104 m², built in 2009, energy rating B. Located Conceição e Cabanas de Tavira parish, Tavira municipality, Faro district. Noteworthy Features: The apartment includes two private terraces and a barbecue area, enhancing outdoor living options and making it ideal for entertaining guests during warm Algarve evenings.
The valuation. The asking price of €449,000 is €46,935 (10.5%) above the fair value of €402,065, indicating the property is overpriced. This discrepancy suggests potential buyers may need to negotiate significantly to align the price with value.
Fair value modelled at €402,065 from the area baseline, adjusted for condition and location. Asking €449,000 sits €46,935 (10.5%) above — overpriced versus fair value.
Asking €449,000 versus the Conceição e Cabanas de Tavira, Tavira, Faro area baseline of €376,896 (€3,624/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 80 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 64/100 (Housing Market 70 · Amenities 55 · Economic 55 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Conceição e Cabanas de Tavira, Tavira, Faro
Area baseline €376,896 + condition +€4,063 + location +€21,106 = modelled fair value of €402,065 (€3,866/m²), a €46,935 (10.5%) gap versus the €449,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Conceição e Cabanas de Tavira · 49b741 | Subject | €449,000 | €4,317 | — | 75 | 64 |
| Tavira (Santa Maria e Santiago) · 38b19e | Active | €360,000 | €4,000 | 7.3% | 73 | 63 |
| Conceição e Cabanas de Tavira · 25f77b | Active | €350,000 | €4,268 | 1.1% | 70 | 56 |
| rua Tuberária Major S / N | Active | €450,000 | €4,245 | 1.7% | 75 | 71 |
| Conceição e Cabanas de Tavira · 82c7a5 | Active | €325,000 | €3,693 | 14.5% | 78 | 71 |
| Median comp | €355,000 | €4,123 | 4.5% | 74 | 67 |
Short-term vacation rental The property, with a gross yield of 3%, may struggle to attract tourists due to its overpriced nature, falling short of fair value by 10.5%. Additionally, the rural location in Algarve could limit its appeal as a vacation rental given the basic amenities available. Long-term rental At a price of €449,000, the property is considered overpriced by 10.5% compared to its fair value, reducing its attractiveness for long-term rental potential. The neighbourhood score of 64/100 raises concerns about tenant quality, which may hinder consistent rental income. Buy-and-hold The property is deemed overpriced at €449,000, creating a less favorable position for long-term investment returns. With a fair value of €402,065 and a modest yield of 3%, the potential for capital appreciation in this location appears limited due to its low condition rating of 78/100 and basic local amenities.
Economic Viability Risk The property has a low economic stability score of 55/100, indicating a risk of decreased demand and potential rent volatility due to economic fluctuations.
