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 54 m² on the 1st floor, built in 2003, energy rating C. Located on rua Comandante Henrique de Brito, 2, Conceição e Cabanas de Tavira parish, Tavira municipality, Faro district. Noteworthy features: The apartment boasts a spacious balcony with estuary views and is located just 50 meters from the boarding pier, enhancing its appeal for outdoor enthusiasts.
The valuation. The asking price of €280,000 is €23,846 (9.3%) above the fair value of €256,154, indicating a fair valuation in the current market. Buyers should consider the overall market trends before making an investment decision.
Fair value modelled at €256,154 from 6 comparable sales in the area. Asking €280,000 sits €23,846 (9.3%) above — overpriced versus fair value.
Asking €280,000 versus the rua Comandante Henrique de Brito, 2 area baseline of €218,217 (€4,041/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €218,217, adjusted for condition and micro-location, gives a modelled fair value of €256,154 (€4,744/m²), a €23,846 (9.3%) gap versus the €280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Comandante Henrique de Brito, 2 | Subject | €280,000 | €5,185 | — | 75 | 61 |
| Conceição e Cabanas de Tavira · 15e0c7 | Active | €200,000 | €4,348 | 16.1% | 70 | 60 |
| rua Capitão Nobre Canelas | Active | €325,000 | €5,702 | 10.0% | 74 | 57 |
| Tavira (Santa Maria e Santiago) · 65a682 | Active | €240,000 | €3,692 | 28.8% | 70 | 62 |
| rua Jose Roiz Allacem S / N | Active | €325,000 | €5,000 | 3.6% | 76 | 63 |
| Median comp | €282,500 | €4,674 | 9.9% | 72 | 61 |
Long-term rental This 1-bed apartment in Conceição e Cabanas de Tavira is fairly priced at €280,000 with a fair value estimate of €256,154, resulting in a 9.3% gap from fair value. With a gross yield of 4%, the property aligns well with the stable demand for long-term rentals in the region, although the neighborhood score of 61 indicates some limitations in tenant quality and amenities. Short-term vacation rental The 1-bed apartment is priced at €280,000, reflecting a fair valuation compared to its estimated fair value of €256,154, which presents a mild 9.3% pricing gap. Given the property’s condition score of 79 and reasonable gross yield of 4%, it holds potential for short-term vacation rental profitability, particularly in the scenic Algarve region, despite mixed neighborhood appeal. Buy-and-hold At a listing price of €280,000, the property is fairly valued against an estimated fair value of €256,154, resulting in a 9.3% gap. While the property boasts decent condition and yield metrics, the location’s housing dynamics and neighborhood ratings suggest a measured outlook for long-term appreciation in value.
Tenant turnover risk With a tenant stability score of 65/100, there is potential for higher turnover rates, which could lead to increased vacancy periods and associated loss of 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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