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 131 m², energy rating B. Located on praça da República, Conceição e Cabanas de Tavira parish, Tavira municipality, Faro district. Noteworthy Features: The apartment's private sun terrace seamlessly integrates with the indoor living space, creating an exceptional area for outdoor entertaining and leisure, uncommon in standard apartment layouts.
The valuation. The asking price of €465,000 is set €27,631 (5.9%) below the fair value of €492,631, indicating that this property is underpriced in the current market.
Fair value modelled at €492,631 from the area baseline, adjusted for condition and location. Asking €465,000 sits €27,631 (5.9%) below — the upside to fair value.
Asking €465,000 versus the praça da República area baseline of €474,744 (€3,624/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 75 · Materials 82 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 55/100 (Housing Market 50 · Amenities 50 · Economic 40 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
praça da República
Area baseline €474,744 + condition +€8,392 + location +€9,495 = modelled fair value of €492,631 (€3,761/m²), a €27,631 (5.9%) gap versus the €465,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praça da República | Subject | €465,000 | €3,550 | — | 75 | 55 |
| Conceição e Cabanas de Tavira · f3634a | Active | €475,000 | €2,914 | 17.9% | 85 | 54 |
| praça da República | Active | €525,000 | €4,565 | 28.6% | 82 | 66 |
| Conceição e Cabanas de Tavira · 49b741 | Active | €449,000 | €4,317 | 21.6% | 75 | 64 |
| Tavira (Santa Maria e Santiago) · 38b19e | Active | €360,000 | €4,000 | 12.7% | 73 | 63 |
| Median comp | €462,000 | €4,159 | 17.2% | 79 | 64 |
Long-term rental This 3-bed apartment in Tavira presents an appealing opportunity for long-term rental, especially considering its proximity to local agricultural and tourism hubs. The property is currently priced at a fair value gap of 5.9%, indicating a strong potential for stable rental income as demand fluctuates in the Algarve. Buy-and-hold Acquiring this property for a buy-and-hold strategy is compelling given its subvalorizada status and the region's reliance on agriculture and tourism. With a condition score of 79/100, the apartment is well-positioned for appreciation, benefiting from the area's stable economic drivers over time. Family rental This apartment serves as an ideal option for family rentals, capitalizing on its spacious layout and the low crime perception in the area. The neighborhood's amenities and overall livability, despite a score of 55/100, suggest that it could attract long-term families seeking a tranquil living environment away from the coast.
Economic Vulnerability The property is at risk due to a low economic stability score of 40/100, indicating potential challenges in the local economy that could affect tenant demand and rental income. Tenant Vulnerability The average tenant stability score of 60/100 suggests moderate risk, as it implies that tenant retention may not be strong enough to ensure consistent occupancy rates.
