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 63 m², energy rating C. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: This apartment offers fantastic panoramic views over Tavira and includes a rare in-building garage parking space, enhancing both convenience and lifestyle value.
The valuation. The asking price of €280,000 is significantly above the fair value of €237,625, indicating an overpriced property by €42,375 (15.1%). This discrepancy suggests caution for potential investors. Buy-to-flip angle. Given the condition rating of 72/100, a buy-and-flip strategy may yield limited margin due to the initial cost and necessary upgrades for resale. Targeting renovations could help secure a more favorable market price. Buy-to-let angle. The estimated gross yield of 3.6% with a potential rental income of €840/month is modest, reflecting a more suitable long-term rental strategy. This investment benefits from steady demand in the popular Algarve region.
Fair value modelled at €237,625 from the area baseline, adjusted for condition and location. Asking €280,000 sits €42,375 (15.1%) above — overpriced versus fair value.
Asking €280,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €228,312 (€3,624/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 (Condition 70 · Materials 75 · Room dimensions 73). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 63/100 (Housing Market 65 · Amenities 65 · Economic 60 · Tenant Quality 63). Strong amenities and housing-market momentum support a premium to baseline.
Tavira (Santa Maria e Santiago), Tavira, Faro
Area baseline €228,312 + condition -€2,559 + location +€11,872 = modelled fair value of €237,625 (€3,772/m²), a €42,375 (15.1%) gap versus the €280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · 1e65a8 | Subject | €280,000 | €4,444 | — | 70 | 63 |
| Tavira (Santa Maria e Santiago) · 65a682 | Active | €240,000 | €3,692 | 16.9% | 70 | 62 |
| Tavira (Santa Maria e Santiago) · 6fb956 | Active | €310,000 | €5,254 | 18.2% | 75 | 57 |
| Tavira (Santa Maria e Santiago) · de0b3d | Active | €175,000 | €4,487 | 1.0% | 68 | 62 |
| Tavira (Santa Maria e Santiago) · 25f70c | Active | €360,000 | €3,830 | 13.8% | 75 | 62 |
| Median comp | €275,000 | €4,159 | 6.4% | 73 | 62 |
Long-term rental The 1-bed apartment in Tavira, listed at €280,000, is overpriced compared to its fair value of €237,625, which may limit attractive long-term rental prospects. With a gross yield of 3.6% and a condition score of 72/100, the investment could face challenges in justifying its current price to potential tenants seeking affordability. Short-term vacation rental Given the property’s location in the Algarve, a hub for tourism, its current listing of €280,000 may be seen as overpriced at a fair value of €237,625, potentially affecting short-term rental profitability. The 3.6% gross yield suggests that the property may not generate sufficient returns relative to its price, especially in a market that attracts price-sensitive vacationers. Buy-and-hold The apartment’s listing price of €280,000 exceeds its fair value of €237,625, indicating that the buy-and-hold strategy could be less effective due to the elevated entry cost. With a gross yield of only 3.6%, holding the property may not provide adequate returns to justify the investment over the long term. Not ideal for Student housing, luxury market, industrial investment.
Economic Vulnerability A score of 60/100 in economic stability indicates potential exposure to market fluctuations, which could impact rental income and property value.
