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.
0-bedroom, 1-bathroom studio of 36 m², built in 1983, energy rating D. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: This studio offers a balcony with a stunning sea view and is positioned within a well-equipped condominium featuring a pool and tennis court.
The valuation. The asking price of €186,000 is significantly above the fair value of €114,842, representing a discrepancy of €71,158 (38.3%). This indicates that the property is overpriced. Buy-to-flip angle. Given the high asking price, a buy-to-flip strategy may not yield desirable returns unless significant renovations are made to improve appeal and value. The current condition suggests a need for updates to attract buyers. Buy-to-let angle. The estimated gross yield of 4.6% (~€713/month) highlights potential for rental income, especially in a tourist region like Tavira. However, the mixed neighborhood rating may affect long-term tenant stability.
Fair value modelled at €114,842 from the area baseline, adjusted for condition and location. Asking €186,000 sits €71,158 (38.3%) above — overpriced versus fair value.
Asking €186,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €130,464 (€3,624/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 46/100 (Condition 42 · Materials 40 · Room dimensions 56). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 51/100 (Housing Market 60 · Amenities 50 · Economic 45 · Tenant Quality 45). Strong amenities and housing-market momentum support a premium to baseline.
Tavira (Santa Maria e Santiago), Tavira, Faro
Area baseline €130,464 + condition -€16,144 + location +€522 = modelled fair value of €114,842 (€3,190/m²), a €71,158 (38.3%) gap versus the €186,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · 49b782 | Subject | €186,000 | €5,167 | — | 42 | 51 |
| Tavira (Santa Maria e Santiago) · 82c6d1 | Active | €186,000 | €4,650 | 10.0% | — | 60 |
| rua 25 de Abril, 7 | Active | €349,500 | €3,883 | 24.8% | 48 | 55 |
| Tavira (Santa Maria e Santiago) · b7b80b | Active | €175,000 | €5,000 | 3.2% | 65 | 64 |
| Conceição e Cabanas de Tavira · 09000f | Active | €240,000 | €3,871 | 25.1% | 68 | 61 |
| Median comp | €213,000 | €4,267 | 17.4% | 65 | 61 |
Short-term vacation rental The €186,000 listing price significantly exceeds the fair value of €114,842, indicating that the investment is overpriced by 38.3%, which could deter potential renters. With a gross yield of only 4.6% and a condition rating of 46/100, the property lacks the appeal needed to support sustainable rental income. Buy-and-hold While Tavira is located in a tourist region of the Algarve, the property's current listing price of €186,000 is inflated compared to its fair value of €114,842, suggesting it is overpriced. The neighborhood rating of 51/100 and a below-average condition score further hinder the potential for long-term value appreciation and tenant stability.
High Tenant Turnover Risk The combined economic stability score of 45 and tenant stability score of 45 indicates a high likelihood of tenant turnover, which could lead to increased vacancy rates and costs associated with re-leasing the property.
