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.
2-bedroom, 1-bathroom apartment of 76 m², built in 1997, energy rating D. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: The apartment's Boho-Chic design harmonizes with Scandinavian simplicity, complemented by traditional Portuguese tile covering that enhances its charm and authenticity. Balcony: The west-facing balcony provides a serene outdoor space, perfect for relaxation in the evenings.
The valuation. The asking price of €285,000 is above the fair value of €275,424, indicating a premium of €9,576 (3.4%). This property is considered overpriced based on market analysis.
Fair value modelled at €275,424 from the area baseline, adjusted for condition and location. Asking €285,000 sits €9,576 (3.4%) above — overpriced versus fair value.
Asking €285,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €275,424 (€3,624/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 72 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 50/100 (Housing Market 60 · Amenities 50 · Economic 40 · Tenant Quality 50). Strong amenities and housing-market momentum support a premium to baseline.
Tavira (Santa Maria e Santiago), Tavira, Faro
Area baseline €275,424 + condition +€0 + location +€0 = modelled fair value of €275,424 (€3,624/m²), a €9,576 (3.4%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · 1e6351 | Subject | €285,000 | €3,750 | — | 72 | 50 |
| rua do Óculo, 11 | Active | €280,000 | €4,179 | 11.4% | 74 | 58 |
| Tavira (Santa Maria e Santiago) · 937136 | Active | €385,000 | €4,477 | 19.4% | 65 | 61 |
| Tavira (Santa Maria e Santiago) · 6fb956 | Active | €310,000 | €5,254 | 40.1% | 75 | 57 |
| rua Tuberária Major S / N | Active | €450,000 | €4,245 | 13.2% | 75 | 71 |
| Median comp | €347,500 | €4,361 | 16.3% | 75 | 60 |
Long-term rental Given the 4.1% gross yield and the property's condition rating of 75/100, long-term rental opportunities may provide steady income despite the apartment being overpriced. The rural location limits tenant quality and demand, suggesting potential challenges in achieving optimal rental rates. Short-term vacation rental While Tavira's proximity to the Algarve may attract tourists, the local market's condition and the property's overpriced status position it unfavorably for short-term vacation rental success. The neighborhood amenities and average tenant quality indicate that it might not meet the high expectations of vacationers. NOT IDEAL FOR Due to the overall condition and location, this property is not suitable for student housing, as demand in rural areas often falls short. Additionally, its overpriced nature disqualifies it from competing effectively in the luxury market.
[Economic Vulnerability] The property faces significant financial risk due to its low economic stability score of 40/100, indicating potential adverse market conditions that could affect rental income stability.
