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 124 m², built in 2007, energy rating B. Located on rua Brigadeiro António Pedro de Brito, Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: The apartment includes an outdoor shower and barbecue area, enhancing its appeal for alfresco leisure in the Algarve's warm climate.
The valuation. The asking price of €390,000 is significantly below the fair value of €515,673, representing an undervaluation of €125,673 (24.4%). This presents a compelling opportunity for investors seeking properties priced below market value.
Fair value modelled at €515,673 from 6 comparable sales in the area. Asking €390,000 sits €125,673 (24.4%) below — the upside to fair value.
Asking €390,000 versus the rua Brigadeiro António Pedro de Brito area baseline of €416,996 (€3,363/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €416,996, adjusted for condition and micro-location, gives a modelled fair value of €515,673 (€4,159/m²), a €125,673 (24.4%) gap versus the €390,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Brigadeiro António Pedro de Brito | Subject | €390,000 | €3,145 | — | 74 | 65 |
| Tavira (Santa Maria e Santiago) · 38b19e | Active | €360,000 | €4,000 | 27.2% | 73 | 63 |
| rua de São Pedro | Active | €350,000 | €7,955 | 152.9% | 75 | 62 |
| rua Brigadeiro António Pedro de Brito | Active | €350,000 | €2,966 | 5.7% | 75 | 62 |
| Conceição e Cabanas de Tavira · 49b741 | Active | €449,000 | €4,317 | 37.3% | 75 | 64 |
| Median comp | €355,000 | €4,159 | 32.2% | 75 | 63 |
Short-term vacation rental This property presents a compelling opportunity for short-term vacation rentals, with a fair value 24.4% higher than the listing price, indicating strong potential for appreciation. The proximity to the Algarve tourist region enhances its attractiveness for seasonal tourism, supporting stable occupancy rates. Buy-and-hold Investing in this 1-bed apartment for a buy-and-hold strategy is attractive given its current listing price being significantly below its fair value. With a gross yield of 3.7% and favorable market dynamics, the potential for long-term value appreciation is promising. Family rental The apartment is well-suited for family rentals due to its ample size of 124m², which provides attractive living space compared to typical offerings. While the neighborhood rating of 65/100 indicates room for improvement, the current pricing position suggests strong rental demand could make it a worthwhile investment. Not ideal for luxury market This property does not meet the expectations of the luxury market, primarily due to its neighborhood score and the overall pricing structure. The 76/100 condition rating further indicates that without substantial upgrades, luxury buyers may overlook this property. Not ideal for student housing Given the location's seasonal nature and moderate neighborhood metrics, this property is not well-positioned for student housing. The higher fair value aligned with tourist trends makes it less attractive for long-term student leases, which typically require lower rental rates and consistent demand.
Economic Vulnerability The economic stability score of 55 indicates a moderate risk of economic downturns affecting property value and rental income.
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