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 65 m², built in 2003, energy rating C. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: This apartment offers unique access to four outdoor swimming pools and a tennis court within the Urbanization Quinta do Morgado, enhancing leisure and lifestyle options for residents.
The valuation. The asking price of €240,000 is slightly above the fair value of €239,758, making the property overpriced by €242 (0.1%). This discrepancy suggests that buyers may need to negotiate to align the price with its intrinsic value.
Fair value modelled at €239,758 from the area baseline, adjusted for condition and location. Asking €240,000 sits €242 (0.1%) above — overpriced versus fair value.
Asking €240,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €200,590 (€3,086/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 70 · Materials 75 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 62/100 (Housing Market 70 · Amenities 60 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Tavira (Santa Maria e Santiago), Tavira, Faro
Area baseline €200,590 + condition -€7,109 + location +€11,307 = modelled fair value of €239,758 (€3,689/m²), a €242 (0.1%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · 65a682 | Subject | €240,000 | €3,692 | — | 70 | 62 |
| Tavira (Santa Maria e Santiago) · de0b3d | Active | €175,000 | €4,487 | 21.5% | 68 | 62 |
| Tavira (Santa Maria e Santiago) · 1e65a8 | Active | €280,000 | €4,444 | 20.4% | 70 | 63 |
| Conceição e Cabanas de Tavira · 09000f | Active | €240,000 | €3,871 | 4.8% | 68 | 61 |
| Tavira (Santa Maria e Santiago) · 82c6d1 | Active | €186,000 | €4,650 | 25.9% | — | 60 |
| Median comp | €213,000 | €4,466 | 20.9% | 68 | 62 |
Long-term rental The property is not ideal for long-term rental due to its marginal gap from fair value, indicating that the current rental yield of 5.1% may not justify the high purchase price. Given the seasonal economy of the Algarve, this property’s rental income stability could be further compromised. Short-term vacation rental While Tavira is known for tourism, the property’s valuation demonstrates it is overpriced, limiting the potential for profitable short-term vacation rental returns despite the appealing rental yield. The property’s condition rating of 68/100 suggests that additional investment may be required to attract short-term guests who prioritize quality accommodations. Buy-and-hold As an investment for buy-and-hold strategies, this property is overpriced compared to fair value and may yield diminishing returns over time. The current neighborhood rating of 62/100 highlights a less favorable environment for future appreciation, raising concerns about long-term value growth in this market.
Moderate tenant turnover risk Low tenant stability score of 60 indicates a potential for increased vacancies and turnover, impacting rental income and investment returns negatively.
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