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 85 m². Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: This apartment boasts a magnificent courtyard complete with a barbecue, enhancing outdoor living and entertaining opportunities in a tranquil neighborhood of Tavira.
The valuation. The asking price of €332,000 sits below the fair value of €342,894, making it relatively aligned, but not discounted, at €10,894 (3.2%). Verdict: fair.
Fair value modelled at €342,894 from 6 comparable sales in the area. Asking €332,000 sits €10,894 (3.2%) below — the upside to fair value.
Asking €332,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €292,592 (€3,442/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 €292,592, adjusted for condition and micro-location, gives a modelled fair value of €342,894 (€4,034/m²), a €10,894 (3.2%) gap versus the €332,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · 62266f | Subject | €332,000 | €3,906 | — | 70 | 55 |
| praça da República | Active | €375,000 | €4,464 | 14.3% | 75 | 61 |
| praça da República | Active | €525,000 | €4,565 | 16.9% | 90 | 67 |
| praça da República | Active | €279,500 | €3,630 | 7.1% | 71 | 64 |
| praça Histórica de Tavira | Active | €1,300,000 | €3,858 | 1.2% | 62 | 46 |
| Median comp | €450,000 | €4,161 | 6.5% | 73 | 63 |
Vacation rental The property's fair valuation indicates that it is well-priced for the vacation rental market, but with a gross yield of 0%, it may struggle to generate substantial returns. Given its proximity to the Algarve, its location may attract seasonal tourists, yet its lower neighborhood score suggests limited appeal to a broader rental audience. Buy-and-hold With a fair value close to the listing price, this investment may not yield significant appreciation over time. While the region benefits from tourism, the low yield and average condition suggest potential challenges in maintaining value in the long term. Long-term rental Although the property is fairly valued, the lack of yield and modest neighborhood rating may hinder its attractiveness for long-term rental purposes. The rural setting and low amenities indicate that attracting quality tenants could be a persistent challenge.
Economic Volatility Risk The property faces a heightened risk due to an economic stability score of 50/100, indicating potential vulnerabilities in the local economy that could affect 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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