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: The apartment boasts unobstructed views of the historic Tavira skyline, enhancing the living experience with abundant natural light in the spacious open-concept living area.
The valuation. The asking price of €320,000 sits just above the fair value of €316,264, representing a minor excess of €3,736 (1.2%). This reflects a valuation that is largely consistent with market conditions. Buy-to-flip angle. A resale or wholesale strategy on this apartment could capitalize on the growing demand in Tavira for quick turnover properties, with the potential for a modest profit margin, particularly targeting seasonal buyers. Buy-to-let angle. The estimated gross yield of 4.6% from long-term rentals translates to approximately €1,227 per month, making it an attractive option for steady rental income in a tourist-driven economy.
Fair value modelled at €316,264 from 5 comparable sales in the area. Asking €320,000 sits €3,736 (1.2%) above — overpriced versus fair value.
Asking €320,000 versus the rua Doutor Silvestre Falcão area baseline of €252,697 (€2,178/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 €252,697, adjusted for condition and micro-location, gives a modelled fair value of €316,264 (€2,726/m²), a €3,736 (1.2%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doutor Silvestre Falcão | Subject | €320,000 | €2,759 | — | 70 | 71 |
| via do Infante | Active | €289,000 | €2,726 | 1.2% | 70 | 63 |
| rua Beatriz Costa | Active | €325,000 | €2,686 | 2.6% | 62 | 60 |
| Tavira (Santa Maria e Santiago) · 89e6ce | Active | €348,500 | €2,660 | 3.6% | 75 | 44 |
| Tavira (Santa Maria e Santiago) · be957b | Active | €315,000 | €2,917 | 5.7% | — | 62 |
| Median comp | €320,000 | €2,706 | 1.9% | 70 | 61 |
Short-term vacation rental The property is positioned in Tavira, a prime tourist area with a gross yield of 4.6%, which aligns well with vacation rental demand in the Algarve. However, despite the strong rental potential, the apartment’s fair value of €316,264 indicates it is appropriately priced rather than a bargain. Long-term rental Given the consistent demand for housing in Tavira combined with the neighbourhood's amenities, this property could serve as a reliable long-term rental investment. Nevertheless, with a fair value just slightly below the asking price at €320,000, it reflects a market that is fairly valued. Buy-and-hold Investing in this property as a buy-and-hold strategy could yield stable returns due to the location's tourism-driven economy and overall market conditions. Still, with a pricing gap of only 1.2% against its fair value, it does not represent a significant opportunity for capital appreciation in the near term.
Economic and Tenant Instability The economic stability score of 65/100 and tenant stability score of 65/100 indicate a moderate risk of fluctuating tenant demand, which could lead to inconsistent rental income and potential vacancies.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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