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 49 m² on the 1st floor, built in 1986, energy rating C. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: The balcony offers scenic views of the surrounding greenery, and the proximity to Tavira's historic center enhances the investment appeal for short-term rentals.
The valuation. The asking price of €199,000 sits above the fair value of €172,484, resulting in a markup of €26,516 (13.3%). This property is considered overpriced in the current market.
Fair value modelled at €172,484 from the area baseline, adjusted for condition and location. Asking €199,000 sits €26,516 (13.3%) above — overpriced versus fair value.
Asking €199,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €155,281 (€3,169/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 60/100 (Condition 62 · Materials 65 · Room dimensions 55). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 59/100 (Housing Market 60 · Amenities 60 · Economic 50 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Tavira (Santa Maria e Santiago), Tavira, Faro
Area baseline €155,281 + condition -€11,484 + location +€6,393 = modelled fair value of €172,484 (€3,520/m²), a €26,516 (13.3%) gap versus the €199,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · 6c7bf5 | Subject | €199,000 | €4,061 | — | 62 | 59 |
| Conceição e Cabanas de Tavira · 09000f | Active | €240,000 | €3,871 | 4.7% | 68 | 61 |
| Tavira (Santa Maria e Santiago) · 65a682 | Active | €240,000 | €3,692 | 9.1% | 70 | 62 |
| Tavira (Santa Maria e Santiago) · 82c6d1 | Active | €186,000 | €4,650 | 14.5% | — | 60 |
| Conceição e Cabanas de Tavira · 49b892 | Active | €239,000 | €3,918 | 3.5% | 66 | 66 |
| Median comp | €239,500 | €3,895 | 4.1% | 68 | 62 |
Long-term rental The property is overpriced at €199,000 compared to the fair value of €172,484, indicating that the yield potential at 4.3% gross may not justify the financial commitment. Additionally, with a neighbourhood rating of 59/100, tenant appeal may be limited, further complicating long-term rental prospects. Buy-and-hold At a listing price that exceeds fair value by 13.3%, this property presents challenges for sustained appreciation in the buy-and-hold strategy. Coupled with a condition score of 60/100, the investment may not meet quality standards necessary for a prudent hold over time. Family rental Given that the apartment is overpriced, families seeking long-term rentals may find better options elsewhere in the area, which may limit tenant demand. Furthermore, the mixed economic reliance on tourism and local activities could pose stability concerns for family renters in this neighbourhood.
Economic Volatility Risk Given an economic stability score of 50/100, there is a heightened risk of economic fluctuations potentially affecting rental income and property value.
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