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, 0-bathroom apartment of 70 m², energy rating D. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: This property includes a private outdoor patio with a barbecue area, providing a perfect space for entertaining in the heart of Tavira's historical charm.
The valuation. The asking price of €274,000 is slightly below the fair value of €295,437, indicating a difference of €21,437 (7.3%). Given the fair valuation, the property can be considered reasonably priced for potential buyers.
Fair value modelled at €295,437 from 6 comparable sales in the area. Asking €274,000 sits €21,437 (7.3%) below — the upside to fair value.
Asking €274,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €274,266 (€3,918/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 57/100 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 €274,266, adjusted for condition and micro-location, gives a modelled fair value of €295,437 (€4,221/m²), a €21,437 (7.3%) gap versus the €274,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · 83151e | Subject | €274,000 | €3,914 | — | 54 | 62 |
| rua Joaquim Soares, 50 | Active | €250,000 | €4,167 | 6.4% | 60 | 63 |
| rua 25 de Abril, 7 | Active | €349,500 | €3,883 | 0.8% | 48 | 55 |
| Santa Luzia · b327a3 | Active | €295,000 | €4,538 | 15.9% | 70 | 62 |
| avenida Doutor Eduardo Mansinho, 3 | Active | €414,615 | €4,274 | 9.2% | 68 | 63 |
| Median comp | €322,250 | €4,221 | 7.8% | 64 | 63 |
Short-term vacation rental The 2-bed apartment in Tavira is positioned favorably in a tourist-heavy area, which suggests decent demand for short-term rentals. However, with a fair value of €295,437, the current listing price indicates that potential returns are constrained, primarily yielding a gross return of 4.3%. Buy-and-hold Investing in this property could be viable given the steady demand in Tavira's housing market; however, the rental yield of 4.3% aligns closely with fair value, indicating minimal upside. Long-term appreciation may be limited due to the fair pricing, reducing the attractiveness of holding the asset for significant capital gains. Family rental The property could serve as a family rental due to its size and neighborhood features, appealing to residents in the area. Still, considering its fair valuation, the property lacks the pricing advantage needed to ensure strong rental demand and profitability in this category.
Economic Vulnerability The property faces a risk due to its economic stability score of 55/100, indicating potential challenges in attracting and retaining tenants, particularly during economic downturns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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