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 57 m² on the 1st floor, built in 2012, energy rating E. Located on rua Capitão Nobre Canelas, Conceição e Cabanas de Tavira parish, Tavira municipality, Faro district. Noteworthy Features: This apartment boasts a dedicated garage space and access to beautifully landscaped gardens, enhancing both convenience and aesthetic enjoyment for residents and guests alike.
The valuation. The asking price of €325,000 is significantly above its fair value of €249,531, representing an overpriced status of €75,469 (30.2%). This discrepancy raises concerns about the investment potential of the property.
Fair value modelled at €249,531 from 6 comparable sales in the area. Asking €325,000 sits €75,469 (30.2%) above — overpriced versus fair value.
Asking €325,000 versus the rua Capitão Nobre Canelas area baseline of €212,682 (€3,731/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €212,682, adjusted for condition and micro-location, gives a modelled fair value of €249,531 (€4,378/m²), a €75,469 (30.2%) gap versus the €325,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Capitão Nobre Canelas | Subject | €325,000 | €5,702 | — | 74 | 57 |
| Tavira (Santa Maria e Santiago) · 82c6d1 | Active | €186,000 | €4,650 | 18.4% | — | 60 |
| rua da Nora Branca | Active | €200,000 | €5,882 | 3.2% | — | 59 |
| Conceição e Cabanas de Tavira · ade5eb | Active | €395,000 | €3,319 | 41.8% | 74 | 70 |
| rua Tuberária Major S / N | Active | €450,000 | €4,245 | 25.5% | 75 | 71 |
| Median comp | €297,500 | €4,448 | 22.0% | 75 | 65 |
Short-term vacation rental The property is considered overpriced at €325,000, exceeding the fair value by 30.2%, which limits the potential for a reasonable return on investment in a competitive short-term rental market. The gross yield of 3.7% indicates that the property may struggle to attract vacationers in a neighborhood that scores only 57 out of 100 for its appeal. Buy-and-hold With a fair value of €249,531, this apartment at €325,000 presents a significant gap, suggesting that long-term appreciation may not justify the initial investment. The overall condition rating of 78/100 coupled with a low neighborhood score of 57/100 indicates potential challenges for maintenance and tenant satisfaction in a buy-and-hold strategy.
Economic downturn risk With an economic stability score of 50/100, there is a significant risk that economic fluctuations could negatively impact rental income and occupancy rates.
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