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, 2-bathroom apartment of 115 m², built in 2022, energy rating B. Located on praça da República, Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. This property features a spectacular 214 m² private terrace with a pool, mimicking the lifestyle of a villa and providing unmatched outdoor living space and privacy.
The valuation. The asking price of €525,000 sits €67,192 (12.8%) above the fair value of €457,808, indicating that the property is overpriced. Investors should consider this disparity when evaluating potential returns.
Fair value modelled at €457,808 from the area baseline, adjusted for condition and location. Asking €525,000 sits €67,192 (12.8%) above — overpriced versus fair value.
Asking €525,000 versus the praça da República area baseline of €364,435 (€3,169/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 (Condition 82 · Materials 86 · Room dimensions 84). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 66/100 (Housing Market 70 · Amenities 65 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
praça da República
Area baseline €364,435 + condition +€14,375 + location +€26,673 = modelled fair value of €457,808 (€3,981/m²), a €67,192 (12.8%) gap versus the €525,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praça da República | Subject | €525,000 | €4,565 | — | 82 | 66 |
| Tavira (Santa Maria e Santiago) · 38b19e | Active | €360,000 | €4,000 | 12.4% | 73 | 63 |
| Tavira (Santa Maria e Santiago) · 25f70c | Active | €360,000 | €3,830 | 16.1% | 75 | 62 |
| rua Tuberária Major S / N | Active | €450,000 | €4,245 | 7.0% | 75 | 71 |
| Tavira (Santa Maria e Santiago) · 6fb956 | Active | €310,000 | €5,254 | 15.1% | 75 | 57 |
| Median comp | €360,000 | €4,123 | 9.7% | 75 | 63 |
Long-term rental Despite the appealing location in Tavira, the property is overpriced by 12.8% compared to its fair value, which diminishes its attractiveness for long-term rental income. With a gross yield of only 2.3%, the investment does not align with typical risk-return expectations in the market. Short-term vacation rental The property’s location in a tourist area suggests potential for short-term vacation rentals; however, the current asking price exceeds fair market valuation by 12.8%. Consequently, the anticipated return on investment may be insufficient given the gross yield of 2.3%. Buy-and-hold Holding this property as a long-term investment appears less favorable due to its 12.8% valuation premium over the fair value, suggesting limited upside potential. The modest 2.3% yield highlights that this strategy may not fulfill investor return requirements in a competitive rental environment.
Economic vulnerability The economic stability score of 60/100 indicates a potential for fluctuating market conditions that could affect rental income and property values negatively.
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