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 59 m², energy rating C. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: This apartment includes a private yard perfect for outdoor dining and storage, enhancing the living experience in the vibrant heart of Tavira.
The valuation. The asking price of €310,000 is significantly higher than the fair value of €223,951, indicating it is overpriced by €86,049 or 27.8%. This discrepancy suggests potential challenges for achieving a profitable investment. Buy-to-flip angle. A buy-to-flip strategy may face obstacles, as resale opportunities spotlight the asking price of €310,000, which is above comparable listings. This could hinder quick returns on investment in the current market. Buy-to-let angle. Renting out the apartment could generate an estimated gross yield of 3.3%, equating to approximately €852 per month. While the rental potential exists, the overall pricing might affect long-term tenant demand.
Fair value modelled at €223,951 from the area baseline, adjusted for condition and location. Asking €310,000 sits €86,049 (27.8%) above — overpriced versus fair value.
Asking €310,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €182,074 (€3,086/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 75 · Materials 82 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 57/100 (Housing Market 60 · Amenities 55 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Tavira (Santa Maria e Santiago), Tavira, Faro
Area baseline €182,074 + condition +€4,148 + location +€5,987 = modelled fair value of €223,951 (€3,796/m²), a €86,049 (27.8%) gap versus the €310,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · 6fb956 | Subject | €310,000 | €5,254 | — | 75 | 57 |
| rua do Óculo, 11 | Active | €280,000 | €4,179 | 20.5% | 74 | 58 |
| Tavira (Santa Maria e Santiago) · 1e65a8 | Active | €280,000 | €4,444 | 15.4% | 70 | 63 |
| Tavira (Santa Maria e Santiago) · 1e6351 | Active | €285,000 | €3,750 | 28.6% | 72 | 50 |
| rua Terra Estreita, 4 | Active | €279,000 | €3,170 | 39.7% | 74 | 67 |
| Median comp | €280,000 | €3,965 | 24.5% | 73 | 61 |
Long-term rental The current pricing of the property at €310,000 significantly exceeds the fair value of €223,951, indicating that it is overpriced for the long-term rental market. Furthermore, the gross yield of 3.3% does not sufficiently compensate for the gap in value, making this a less attractive investment opportunity. Short-term vacation rental At a listing price of €310,000, this 1-bed apartment in Tavira is overpriced compared to its fair value of €223,951, reducing the potential for profit in the short-term vacation rental market. The neighbourhood's overall quality rating of 57/100 suggests limited appeal for tourists, which may further impact rental performance. Buy-and-hold With the property priced at €310,000 compared to a fair value of €223,951, the buy-and-hold strategy appears unsound as the investment is overpriced. The anticipated growth in value may not materialize swiftly enough to justify the current premium, particularly in a quieter area of the Algarve region.
Economic volatility risk The property is located in an area with an economic stability score of 50/100, indicating a higher likelihood of economic downturns that could impact rental income.
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