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 116 m² on the 4th floor, built in 1999, energy rating C. Located on rua Doutor Silvestre Falcão, Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: This apartment boasts a prominent location just 400m from the historic Roman bridge, enhancing its appeal for both residents and investors in the vibrant Tavira city center.
The valuation. The asking price of €320,000 is slightly below the fair value of €345,558, representing a difference of €25,558 (7.4%). This positions the property as fairly valued and potentially attractive for investment.
Fair value modelled at €345,558 from 6 comparable sales in the area. Asking €320,000 sits €25,558 (7.4%) below — the upside to fair value.
Asking €320,000 versus the rua Doutor Silvestre Falcão area baseline of €283,849 (€2,447/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 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 €283,849, adjusted for condition and micro-location, gives a modelled fair value of €345,558 (€2,979/m²), a €25,558 (7.4%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doutor Silvestre Falcão | Subject | €320,000 | €2,759 | — | 65 | 58 |
| via do Infante | Active | €289,000 | €2,726 | 1.2% | 70 | 63 |
| Tavira (Santa Maria e Santiago) · 483c83 | Active | €480,000 | €3,453 | 25.2% | 82 | 58 |
| rua Beatriz Costa | Active | €325,000 | €2,686 | 2.6% | 62 | 60 |
| Tavira (Santa Maria e Santiago) · be957b | Active | €315,000 | €2,917 | 5.7% | — | 62 |
| Median comp | €320,000 | €2,822 | 2.3% | 70 | 61 |
Short-term vacation rental While the property in Tavira is positioned in a tourism-centric economy, the gross yield of 4.6% suggests that its potential as a short-term vacation rental is limited given the 7.4% gap to fair value. This means investors should exercise caution, as the demand and return may not justify the asking price in a competitive market. Long-term rental The property’s condition score of 67 and its average neighbourhood rating of 58 indicate that it might be suitable for long-term rental, though the fair value assessment suggests it is at an acceptable price relative to the market. However, the 4.6% yield might not attract as many quality tenants in a location with basic amenities and rural schooling access. Buy-and-hold Investors considering a buy-and-hold strategy should keep in mind that the property is fairly priced at €320,000, with a fair value of €345,558 providing limited appreciation potential. The market dynamics and moderate yield indicate that while this could serve as a stable investment, significant growth may be constrained by the property’s location and condition.
Economic Vulnerability The property's relatively low Economic Stability score of 55 out of 100 indicates a heightened risk of economic downturn affecting tenant retention 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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