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 94 m², built in 2000, energy rating C. Located on urbanização do Lagar, Conceição e Cabanas de Tavira parish, Tavira municipality, Faro district. Noteworthy Features: The apartment features abundant natural light and spacious living areas, ideal for social interactions, while positioned conveniently on the ground floor for easy accessibility.
The valuation. The asking price of €250,000 is significantly below the fair value of €349,574, indicating the property is subpriced by €99,574 (39.8%). This offers a compelling opportunity for prospective investors. Buy-to-flip angle. A buy-to-flip strategy could leverage the roughly €100,000 equity gain upon resale, capitalizing on the property’s underpricing and renovation potential to attract a higher-end market. Buy-to-let angle. With a gross yield of 5.1%, the estimated rental income of €1,062 per month can provide a steady cash flow, appealing to long-term renters seeking a comfortable residence in a tourist-centric area.
Fair value modelled at €349,574 from the area baseline, adjusted for condition and location. Asking €250,000 sits €99,574 (39.8%) below — the upside to fair value.
Asking €250,000 versus the urbanização do Lagar area baseline of €297,886 (€3,169/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 70 · Materials 65 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 67/100 (Housing Market 70 · Amenities 75 · Economic 55 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
urbanização do Lagar
Area baseline €297,886 + condition -€14,247 + location +€23,165 = modelled fair value of €349,574 (€3,719/m²), a €99,574 (39.8%) gap versus the €250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| urbanização do Lagar | Subject | €250,000 | €2,660 | — | 70 | 67 |
| rua Marechal Carmona, 14 | Active | €299,000 | €3,602 | 35.5% | 76 | 62 |
| rua Beatriz Costa | Active | €325,000 | €2,686 | 1.0% | 62 | 60 |
| Conceição e Cabanas de Tavira · 49b892 | Active | €239,000 | €3,918 | 47.3% | 66 | 66 |
| Conceição e Cabanas de Tavira · 09000f | Active | €240,000 | €3,871 | 45.5% | 68 | 61 |
| Median comp | €269,500 | €3,737 | 40.5% | 67 | 62 |
Long-term rental This property offers a compelling gross yield of 5.1%, which stands out in a tourist-centric area like Tavira, where demand for long-term rentals is robust. With a fair value significantly higher than the listing price, there is potential for income stability as property values align closer to their fair market rates. Short-term vacation rental Given the neighborhood's popularity among expatriates and access to Algarve coastal amenities, this apartment is well-positioned for short-term vacation rentals, promising attractive returns. The gap between the listing price and fair value suggests a strong opportunity to capitalize on the region's tourism-driven rental market. Buy-and-hold The substantial difference between the listing price and fair value indicates a significant investment opportunity for buy-and-hold strategies, particularly if property values appreciate as expected in this desirable area. This underpriced apartment can serve as a solid asset to leverage long-term growth in a dynamic market. Not ideal for student housing This property's characteristics and location do not align with student housing demands, as the area is more suited for tourism and expatriate living. Therefore, pursuing a student housing strategy may not yield the desired results in terms of occupancy and rental income. Not ideal for luxury market The current condition rating of 65/100 suggests this property is not positioned for the luxury market, which typically demands higher quality and finishes. As a result, targeting luxury buyers may not be a fruitful strategy for this apartment.
Economic vulnerability With an economic stability score of 55/100, there is a significant risk of economic downturns affecting the property’s value and rental demand.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
