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 79 m², built in 2003, energy rating D. Located on beco Gil Gonçalves da Costa, Conceição e Cabanas de Tavira parish, Tavira municipality, Faro district. This apartment boasts a spacious balcony ideal for outdoor dining and relaxation, as well as a private basement parking space for added convenience.
The valuation. The asking price of €250,000 sits €49,421 (19.8%) below the fair value of €299,421, indicating the property is underpriced relative to its market potential.
Fair value modelled at €299,421 from the area baseline, adjusted for condition and location. Asking €250,000 sits €49,421 (19.8%) below — the upside to fair value.
Asking €250,000 versus the beco Gil Gonçalves da Costa area baseline of €286,296 (€3,624/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 72 · Materials 80 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 62/100 (Housing Market 70 · Amenities 60 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
beco Gil Gonçalves da Costa
Area baseline €286,296 + condition -€617 + location +€13,742 = modelled fair value of €299,421 (€3,790/m²), a €49,421 (19.8%) gap versus the €250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| beco Gil Gonçalves da Costa | Subject | €250,000 | €3,165 | — | 72 | 62 |
| rua Marechal Carmona, 14 | Active | €299,000 | €3,602 | 13.8% | 76 | 62 |
| Conceição e Cabanas de Tavira · dee408 | Active | €360,000 | €3,462 | 9.4% | 72 | 57 |
| Tavira (Santa Maria e Santiago) · 65a682 | Active | €240,000 | €3,692 | 16.7% | 70 | 62 |
| Conceição e Cabanas de Tavira · 49b892 | Active | €239,000 | €3,918 | 23.8% | 66 | 66 |
| Median comp | €269,500 | €3,647 | 15.2% | 71 | 62 |
Long-term rental The 1-bed apartment in Tavira presents a solid investment opportunity with a gross yield of 4.1%, appealing for stable cash flow in a desirable location close to the Algarve coast. The property is currently valued 19.8% below its fair value, making it an attractive option for long-term rental investors looking for growth in a tourism-driven market. Short-term vacation rental With its proximity to the Algarve coast, this property is well-positioned for the short-term vacation rental market, catering to tourists drawn to the area. The underpricing of the apartment, at 19.8% below fair value, enhances its potential to generate attractive rental income from holidaymakers. Buy-and-hold This 1-bed apartment offers a compelling buy-and-hold strategy opportunity, given its fair value assessment and the robust market demand driven by tourism in the Faro district. The 19.8% gap between listing and fair value suggests that holding this property could lead to significant appreciation over time, supported by the area's growing popularity. Not ideal for student housing This property is not suited for student housing due to its location and the associated tenant quality within the area, which does not align with the needs of typical student renters. The overall neighborhood rating of 62/100 indicates limitations in essential amenities and accessibility for student demographics. Not ideal for luxury market The 1-bed apartment does not fit within the luxury market segment, given its valuation and condition rating of 75/100, which may not attract high-end buyers. With a focus on affordability, luxury buyers are likely to seek properties that offer higher standards and premium features than this listing provides.
Tenant turnover risk A tenant stability score of 60 out of 100 indicates a moderate risk of tenant turnover, which can lead to potential vacancies and associated costs.
