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 €221,064 (€3,624/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 €221,064 + 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 |
| Conceição e Cabanas de Tavira · 09000f | Active | €240,000 | €3,871 | 1.2% | 68 | 61 |
| 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 |
| Median comp | €240,000 | €4,070 | 3.9% | 69 | 62 |
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.
