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.
3-bedroom, 2-bathroom apartment of 108 m² on the 1st floor, built in 1988, energy rating D. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: The apartment boasts a covered balcony that effectively extends the living space, allowing for versatile use throughout the year and enhancing the overall lifestyle experience in this charming location.
The valuation. The asking price of €315,000 is significantly above the fair value of €283,616, representing an excess of €31,384 (10.0%). This property is thus categorized as overpriced, which may deter potential buyers looking for value.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · be957b | Subject | €315,000 | €2,917 | — | — | 62 |
| rua Beatriz Costa | Active | €325,000 | €2,686 | 7.9% | 62 | 60 |
| via do Infante | Active | €289,000 | €2,726 | 6.5% | 70 | 63 |
| rua Doutor Silvestre Falcão | Active | €295,000 | €3,041 | 4.3% | 75 | 60 |
| rua das Andainas, 4N | Active | €325,000 | €3,250 | 11.4% | 65 | 65 |
| Median comp | €310,000 | €2,884 | 1.1% | 68 | 62 |
Short-term vacation rental The property’s asking price of €315,000 exceeds its fair value of €283,616 by a notable 10.0%, indicating it is currently overpriced. The gross yield of 4.5% suggests limited profitability, making this investment strategy less appealing given the high competing rental markets in the Algarve region. Buy-and-hold At a listing price that is 10.0% above fair value, this property does not present an attractive opportunity for a buy-and-hold investment strategy. With a low condition rating of 0/100, future maintenance costs could further erode potential returns over time. Family rental While Tavira’s decent neighborhood rating of 62/100 could potentially support family rentals, the property’s pricing of €315,000 stands above its fair valuation, marking it as overpriced. Prospective tenants may be deterred by the low condition score, further complicating consistent rental income generation.
Economic Vulnerability The property has a low economic stability score of 55, indicating a heightened risk of adverse economic conditions impacting rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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