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 penthouse of 117 m², built in 2010, energy rating E. Located on travessa dos Fumeiros de Diante, Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: The penthouse includes a stunning 56 m² terrace ideal for outdoor gatherings and provides panoramic views over Tavira's historic rooftops, enhancing urban living with privacy and tranquility.
The valuation. The asking price of €530,000 is significantly above the fair value of €449,581, representing an overpricing of €80,419 (15.2%). This indicates that the property may not provide immediate value for potential investors.
Fair value modelled at €449,581 from the area baseline, adjusted for condition and location. Asking €530,000 sits €80,419 (15.2%) above — overpriced versus fair value.
Asking €530,000 versus the travessa dos Fumeiros de Diante area baseline of €424,008 (€3,624/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 75 · Materials 77 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 64/100 (Housing Market 70 · Amenities 60 · Economic 55 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
travessa dos Fumeiros de Diante
Area baseline €424,008 + condition +€1,828 + location +€23,744 = modelled fair value of €449,581 (€3,843/m²), a €80,419 (15.2%) gap versus the €530,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa dos Fumeiros de Diante | Subject | €530,000 | €4,530 | — | 75 | 64 |
| rua do Óculo, 11 | Active | €280,000 | €4,179 | 7.7% | 74 | 58 |
| Tavira (Santa Maria e Santiago) · 937136 | Active | €385,000 | €4,477 | 1.2% | 65 | 61 |
| Tavira (Santa Maria e Santiago) · 1e6351 | Active | €285,000 | €3,750 | 17.2% | 72 | 50 |
| Tavira (Santa Maria e Santiago) · 25f70c | Active | €360,000 | €3,830 | 15.5% | 75 | 62 |
| Median comp | €322,500 | €4,005 | 11.6% | 73 | 60 |
Short-term vacation rental This 2-bed penthouse, despite its proximity to the coast which typically supports short-term rental demand, is overpriced at €530,000 compared to its fair value of €449,581, reflecting a 15.2% gap. With a gross yield of only 2.8%, the property falls short of the necessary performance metrics for a successful investment in this sector. Long-term rental While Tavira's amenities and coastal location could attract long-term tenants, the property's listing price of €530,000 exceeds its fair market value of €449,581, leaving it overpriced by 15.2%. The yield of 2.8% gross indicates low profitability potential for long-term leasing under current market conditions. Buy-and-hold Investing in this penthouse as a buy-and-hold strategy appears less appealing given its overpriced status at €530,000 compared to a fair value of €449,581, leading to a 15.2% gap. The modest yield of 2.8% and the condition and neighborhood ratings do not support a strong long-term investment outlook.
Tenant turnover risk The tenant stability score of 65/100 suggests a moderate risk of tenant turnover, which could lead to increased vacancy rates and associated costs.
