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.
1-bedroom, 1-bathroom apartment of 61 m². Located Conceição e Cabanas de Tavira parish, Tavira municipality, Faro district. This apartment features a large terrace with abundant sunlight, enhancing outdoor living space and providing a perfect setting for relaxation or entertainment.
The valuation. The asking price of €239,000 is €15,702 (6.6%) above the fair value of €223,298, indicating that the property is overpriced for potential investors.
Fair value modelled at €223,298 from the area baseline, adjusted for condition and location. Asking €239,000 sits €15,702 (6.6%) above — overpriced versus fair value.
Asking €239,000 versus the Conceição e Cabanas de Tavira, Tavira, Faro area baseline of €188,246 (€3,086/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 (Condition 66 · Materials 60 · Room dimensions 61). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 66/100 (Housing Market 70 · Amenities 60 · Economic 65 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Conceição e Cabanas de Tavira, Tavira, Faro
Area baseline €188,246 + condition -€11,914 + location +€14,148 = modelled fair value of €223,298 (€3,661/m²), a €15,702 (6.6%) gap versus the €239,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Conceição e Cabanas de Tavira · 49b892 | Subject | €239,000 | €3,918 | — | 66 | 66 |
| Tavira (Santa Maria e Santiago) · 65a682 | Active | €240,000 | €3,692 | 5.8% | 70 | 62 |
| Tavira (Santa Maria e Santiago) · de0b3d | Active | €175,000 | €4,487 | 14.5% | 68 | 62 |
| Conceição e Cabanas de Tavira · 25f77b | Active | €350,000 | €4,268 | 8.9% | 70 | 56 |
| Tavira (Santa Maria e Santiago) · 82c6d1 | Active | €186,000 | €4,650 | 18.7% | — | 60 |
| Median comp | €213,000 | €4,378 | 11.7% | 70 | 61 |
Short-term vacation rental While the strong tourist appeal of Tavira suggests potential for short-term vacation rentals, the property’s current price of €239,000 exceeds its fair value by 6.6%, making it a less attractive investment. Additionally, with a gross yield of only 4.2%, the financial return may not justify the premium pricing in a competitive rental market. Buy-and-hold Considering that the property is priced 6.6% above its fair value, holding onto this investment may not yield the desired returns, especially given the average condition rating of 63/100. Long-term appreciation potential could be limited in a market that is heavily influenced by seasonal tourism employment and fluctuating demand. Long-term rental The apartment's high price relative to its fair value undermines its appeal for long-term rental strategies, as the expected return of 4.2% gross yield does not adequately compensate for the elevated entry cost. Furthermore, the property’s condition score of 63/100 suggests additional investment could be necessary to attract quality long-term tenants.
Moderate Economic and Tenant Instability The property's economic stability score of 65/100 and tenant stability score of 60/100 indicate a heightened risk of potential vacancies and fluctuating rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
