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.
3-bedroom, 2-bathroom apartment of 97 m², built in 1980, energy rating C. Located on rua Doutor Silvestre Falcão, Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: This apartment boasts a charming balcony in the kitchen, offering a unique space to enjoy peaceful moments while overlooking the stunning views of Tavira and the Gilão River.
The valuation. The asking price of €295,000 is significantly below the fair value of €370,136, indicating that the property is undervalued by €75,136 (25.5%). This presents a compelling opportunity for potential buyers.
Fair value modelled at €370,136 from the area baseline, adjusted for condition and location. Asking €295,000 sits €75,136 (25.5%) below — the upside to fair value.
Asking €295,000 versus the rua Doutor Silvestre Falcão area baseline of €351,528 (€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 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 60/100 (Housing Market 70 · Amenities 60 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Doutor Silvestre Falcão
Area baseline €351,528 + condition +€4,547 + location +€14,061 = modelled fair value of €370,136 (€3,816/m²), a €75,136 (25.5%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doutor Silvestre Falcão | Subject | €295,000 | €3,041 | — | 75 | 60 |
| rua Terra Estreita, 4 | Active | €279,000 | €3,170 | 4.2% | 74 | 67 |
| Tavira (Santa Maria e Santiago) · ba5a70 | Active | €330,000 | €2,519 | 17.2% | 72 | 63 |
| rua Pedro Leonardo Mergoux | Active | €350,000 | €2,023 | 33.5% | 70 | 64 |
| rua Engenheiro Técnico Agrário José Francisco Massapina Junior, 7 | Active | €490,000 | €3,798 | 24.9% | 75 | 57 |
| Median comp | €340,000 | €2,845 | 6.5% | 73 | 64 |
Short-term vacation rental The property’s strategic location in coastal Algarve, coupled with a fair value that exceeds the listing price by 25.5%, positions it well for short-term vacation rentals, making it a potentially lucrative investment. With a gross yield of 5%, investors can capitalize on the tourist influx in the region, maximizing returns during peak seasons. Buy-and-hold This 3-bed apartment in Tavira presents a solid buy-and-hold opportunity, given its fair value at €370,136 and its attractive listing price that reflects a 25.5% gap. The property’s decent condition rating of 78/100 suggests that it can maintain its appeal to renters over time, particularly in a market influenced by seasonal tourism. Value-add renovation Investors can explore a value-add renovation strategy, as the apartment is listed below its fair value and has room for improvement with a condition score of 78/100. Enhancing the property could significantly increase its rental appeal and value which is already favorable due to its strong market position in a desirable tourist area. Not ideal for student housing, luxury market, long-term rental This property is not suited for student housing or the luxury market, given its moderate condition and neighborhood ratings. Additionally, its investment viability primarily hinges on the tourism-driven short-term rental market rather than traditional long-term rentals.
Economic Vulnerability The property faces potential instability as indicated by an economic stability score of 50/100, which suggests a higher risk of economic downturns affecting tenant retention and property values.
