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 98 m², built in 1989, energy rating D. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: The apartment boasts a magnificent patio with a barbecue area, perfect for outdoor gatherings and family events, enhancing its appeal for social living in a calm neighborhood.
The valuation. The asking price of €332,000 is significantly below the fair value of €379,438, creating a discrepancy of €47,438 (12.5%). This suggests the property is subvalued, presenting a potential advantage to interested buyers.
Fair value modelled at €379,438 from 6 comparable sales in the area. Asking €332,000 sits €47,438 (12.5%) below — the upside to fair value.
Asking €332,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €320,750 (€3,273/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 is below the parish average, reducing 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 €320,750, adjusted for condition and micro-location, gives a modelled fair value of €379,438 (€3,872/m²), a €47,438 (12.5%) gap versus the €332,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · 3df30c | Subject | €332,000 | €3,388 | — | 65 | 67 |
| Tavira (Santa Maria e Santiago) · 96c509 | Active | €390,000 | €3,980 | 17.5% | — | 73 |
| praceta Liberto Conceição, 1 | Active | €560,000 | €3,709 | 9.5% | 75 | 70 |
| Tavira (Santa Maria e Santiago) · 937136 | Active | €385,000 | €4,477 | 32.1% | 65 | 61 |
| rua do Óculo, 11 | Active | €280,000 | €4,179 | 23.4% | 74 | 58 |
| Median comp | €387,500 | €4,080 | 20.4% | 74 | 66 |
Long-term rental The 3-bed apartment in Tavira offers a competitive gross yield of 4.2%, making it a viable option for long-term rental investors seeking consistent cash flow. Given its fair value of €379,438, the listing price reflects a 12.5% gap, indicating favorable potential for rental income against the overall property market. Short-term vacation rental With Tavira's appeal as a tourism destination, this apartment presents a strong opportunity for short-term vacation rentals, particularly during the peak season. The fair value of €379,438 highlights the potential for profitability despite currently being listed below this market valuation. Family rental The spacious 3-bed layout combined with neighborhood amenities makes this property an attractive option for families seeking rental accommodations. The current price meets the criteria of being below its fair market value, enhancing its attractiveness for long-term family tenants.
Economic Vulnerability The economic stability score of 60/100 suggests potential fluctuations in local economic conditions, which could impact tenant demand and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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