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, 1-bathroom apartment of 131 m², built in 2002, energy rating C. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Highlight: The apartment features a spacious and secluded terrace, accessible via a private storage room on the top floor, perfect for outdoor dining and entertaining with complete privacy.
The valuation. The asking price of €348,500 sits €59,795 (14.6%) below the fair value of €408,295, indicating that this property is underpriced in the current market. This discrepancy presents a compelling opportunity for investors. Buy-to-flip angle. With a solid valuation and potential for value-add renovations, the property could attract homebuyers looking for updated living spaces. A strategic renovation can maximize resale value in this mixed neighborhood. Buy-to-let angle. The estimated rental income of €1,220 per month offers a gross yield of 4.2%, making it an enticing option for long-term rental. The family rental strategy capitalizes on steady demand in the region.
Fair value modelled at €408,295 from 6 comparable sales in the area. Asking €348,500 sits €59,795 (14.6%) below — the upside to fair value.
Asking €348,500 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €306,376 (€2,339/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €306,376, adjusted for condition and micro-location, gives a modelled fair value of €408,295 (€3,117/m²), a €59,795 (14.6%) gap versus the €348,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · 89e6ce | Subject | €348,500 | €2,660 | — | 75 | 44 |
| rua Terra Estreita, 4 | Active | €279,000 | €3,170 | 19.2% | 74 | 67 |
| rua Doutor Silvestre Falcão | Active | €295,000 | €3,041 | 14.3% | 75 | 60 |
| rua Comandante Henrique de Brito | Active | €340,000 | €3,063 | 15.1% | 72 | 58 |
| rua das Andainas, 4N | Active | €325,000 | €3,250 | 22.2% | 65 | 65 |
| Median comp | €310,000 | €3,117 | 17.1% | 73 | 63 |
Long-term rental The apartment in Tavira offers a stable long-term rental yield of 4.2%, indicating a solid investment opportunity amidst a moderate neighborhood rating of 44/100. Furthermore, with a fair value gap of 14.6%, this property presents a compelling case for stable cash flows over time. Value-add renovation With a condition score of 75/100, the property has room for improvement through strategic renovations, potentially enhancing both its value and rental income. The current listing price being notably below the fair value encourages a value-add strategy to capitalize on this initial equity position. Family rental This spacious 3-bed apartment is suitable for families seeking a long-term residential option in a quiet town environment, despite the modest neighborhood score. The gap between the listing price and fair value suggests that families can secure a home with good rental prospects while benefiting from the region's lifestyle amenities.
Low economic resilience With an economic stability score of 35/100, there is a significant risk of downturns in local economic conditions impacting your investment's performance adversely.
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
