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 €194,418 (€3,086/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 €194,418 + 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.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
