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.
4-bedroom, 3-bathroom apartment of 229 m² on the 3rd floor, energy rating B. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: The apartment's private roof terrace spans 135 m², providing panoramic views and abundant space for outdoor entertaining, uniquely enhancing the living experience in Tavira. Condition Notes: The property displays a modern design with high-quality materials and finishes; no visible signs of wear or required maintenance.
The valuation. The asking price of €615,000 sits €273,497 (44.5%) below the fair value of €888,497. This reflects a compelling opportunity, indicating the property is underpriced relative to its market potential.
Fair value modelled at €888,497 from the area baseline, adjusted for condition and location. Asking €615,000 sits €273,497 (44.5%) below — the upside to fair value.
Asking €615,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €725,701 (€3,169/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 85 · Materials 81 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 60/100 (Housing Market 60 · Amenities 65 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Tavira (Santa Maria e Santiago), Tavira, Faro
Area baseline €725,701 + condition +€25,405 + location +€33,196 = modelled fair value of €888,497 (€3,880/m²), a €273,497 (44.5%) gap versus the €615,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · be948c | Subject | €615,000 | €2,686 | — | 85 | 60 |
| Tavira (Santa Maria e Santiago) · 911696 | Active | €550,000 | €2,245 | 16.4% | 78 | 54 |
| Tavira (Santa Maria e Santiago) · 28bb09 | Active | €675,000 | €3,947 | 47.0% | 80 | 68 |
| Tavira (Santa Maria e Santiago) · 483c83 | Active | €480,000 | €3,453 | 28.6% | 82 | 58 |
| rua Engenheiro Técnico Agrário José Francisco Massapina Junior, 7 | Active | €490,000 | €3,798 | 41.4% | 75 | 57 |
| Median comp | €520,000 | €3,626 | 35.0% | 79 | 58 |
Short-term vacation rental The 4-bed apartment in Tavira presents a solid entry point for a short-term vacation rental strategy given its fair value of €888,497 versus the listing price of €615,000, resulting in a 44.5% gap. Although the gross yield is currently at 0%, the apartment's proximity to the Algarve is likely to attract tourism-driven demand, positioning it well for future rental income. Long-term rental This property’s listing price at €615,000, significantly below the fair value of €888,497, indicates a promising opportunity for a long-term rental strategy despite the current 0% yield. The apartment's condition rating of 82/100 suggests it is in good shape, which can attract stable, long-term tenants in a desirable location. Buy-and-hold Investing in this Tavira apartment aligns with a buy-and-hold strategy, as the fair valuation of €888,497 presents a clear financial advantage when purchasing at €615,000. The 44.5% gap provides a buffer for property appreciation over time, especially considering the neighbourhood's growing amenities and tourism-driven economic demand.
Economic Vulnerability With an economic stability score of 55/100 and a tenant stability score of 60/100, there is a significant risk of fluctuating income due to potential instability in local market conditions and tenant retention rates.
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
