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 83 m², built in 2003, energy rating C. Located on rua Marechal Carmona, 14, Conceição e Cabanas de Tavira parish, Tavira municipality, Faro district. Noteworthy Features: This apartment includes a private west-facing terrace of 13.6 m², ideal for soaking up the Algarve's afternoon sun and entertaining guests outdoors.
The valuation. The asking price of €299,000 sits €16,878 (5.6%) below the fair value of €315,878. Therefore, the property is identified as underpriced.
Fair value modelled at €315,878 from the area baseline, adjusted for condition and location. Asking €299,000 sits €16,878 (5.6%) below — the upside to fair value.
Asking €299,000 versus the rua Marechal Carmona, 14 area baseline of €256,138 (€3,086/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 76 · Materials 78 · Room dimensions 74). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 62/100 (Housing Market 65 · Amenities 65 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Marechal Carmona, 14
Area baseline €256,138 + condition +€648 + location +€14,438 = modelled fair value of €315,878 (€3,806/m²), a €16,878 (5.6%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Marechal Carmona, 14 | Subject | €299,000 | €3,602 | — | 76 | 62 |
| Conceição e Cabanas de Tavira · dee408 | Active | €360,000 | €3,462 | 3.9% | 72 | 57 |
| beco Gil Gonçalves da Costa | Active | €250,000 | €3,165 | 12.2% | 72 | 62 |
| rua Tuberária Major S / N | Active | €450,000 | €4,245 | 17.8% | 75 | 71 |
| Conceição e Cabanas de Tavira · 82c7a5 | Active | €325,000 | €3,693 | 2.5% | 78 | 71 |
| Median comp | €342,500 | €3,578 | 0.7% | 74 | 67 |
Short-term vacation rental This property, with an appealing yield of 4.2% gross, is poised to attract tourists drawn to Algarve's renowned attractions. Given its fair value of €315,878 and current listing price of €299,000, it presents a compelling opportunity for short-term rental investment. Long-term rental The demand for long-term rentals in Tavira is supported by the appealing safety of the location and moderate tenant quality ratings. At a listing price below fair value, this 2-bed apartment is likely to yield consistent occupancy for long-term tenants seeking stable housing. Buy-and-hold Investment in this property aligns well with a buy-and-hold strategy, as the Algarve's enduring tourist appeal bodes well for long-term value appreciation. With its current pricing below fair value, it is a strategic addition to an investment portfolio focused on growth in established markets.
Economic volatility risk The property faces a risk due to its economic stability score of 55/100, indicating potential fluctuations in income and demand.
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