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.
2-bedroom, 1-bathroom apartment of 97 m², built in 2004. Located on praça da República, Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Feature: The apartment includes a private roof terrace that provides an elevated outdoor retreat, enhancing its overall appeal and adding valuable space for relaxation and entertainment. Note: This property is well positioned in a vibrant area with easy access to local amenities and cultural sites.
The valuation. The asking price of €395,000 is slightly below the fair value of €405,953, showing a difference of €10,953 or 2.7%. This property is fairly valued and represents a reasonable investment opportunity.
Fair value modelled at €405,953 from 6 comparable sales in the area. Asking €395,000 sits €10,953 (2.7%) below — the upside to fair value.
Asking €395,000 versus the praça da República area baseline of €328,201 (€3,384/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 €328,201, adjusted for condition and micro-location, gives a modelled fair value of €405,953 (€4,185/m²), a €10,953 (2.7%) gap versus the €395,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praça da República | Subject | €395,000 | €4,072 | — | 74 | 62 |
| praça da República | Active | €375,000 | €4,464 | 9.6% | 75 | 61 |
| Tavira (Santa Maria e Santiago) · 62266f | Active | €332,000 | €3,906 | 4.1% | 70 | 55 |
| praça da República | Active | €279,500 | €3,630 | 10.9% | 71 | 64 |
| praça da República | Active | €525,000 | €4,565 | 12.1% | 90 | 67 |
| Median comp | €353,500 | €4,185 | 2.8% | 73 | 63 |
Long-term rental The property presents an opportunity for long-term rental at a yield of 2.7%, aligning with the rental demand from the stable local population. However, it is essential to note that its fair valuation indicates it is priced appropriately, limiting the potential for significant appreciation. Buy-and-hold Investing in this property as a buy-and-hold strategy allows for consistent cash flow through long-term rentals. Its current market price reflects a fair value, suggesting that while it is not a bargain, it holds stability for long-term capital growth within the region. Family rental This 2-bed apartment is well-positioned for family rentals, benefitting from a decent local neighborhood score of 62/100. The fair valuation indicates that while it may not be an exceptional deal, it provides a reliable option for family tenants in a stable community.
Economic Vulnerability The economic stability score of 55 indicates a heightened risk of fluctuations in market conditions that could negatively impact property values 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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