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 113 m², built in 2003, energy rating C. Located on urbanização do Lagar, Conceição e Cabanas de Tavira parish, Tavira municipality, Faro district. Noteworthy Features: This apartment boasts a spacious veranda ideal for outdoor dining and relaxation, while also being just two minutes from Benamor Golf Club. Condition Notes: The interiors showcase quality materials and abundant natural light despite lacking modern upgrades.
The valuation. The asking price of €295,000 is slightly below the fair value of €302,022, reflecting a difference of €7,022 (2.3%). This property is fairly valued, making it a reasonable investment choice.
Fair value modelled at €302,022 from 6 comparable sales in the area. Asking €295,000 sits €7,022 (2.3%) below — the upside to fair value.
Asking €295,000 versus the urbanização do Lagar area baseline of €241,400 (€2,136/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 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 €241,400, adjusted for condition and micro-location, gives a modelled fair value of €302,022 (€2,673/m²), a €7,022 (2.3%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| urbanização do Lagar | Subject | €295,000 | €2,611 | — | 70 | 63 |
| urbanização do Lagar | Active | €348,000 | €2,617 | 0.2% | 75 | 56 |
| rua Beatriz Costa | Active | €325,000 | €2,686 | 2.9% | 62 | 60 |
| Conceição e Cabanas de Tavira · 42022f | Active | €371,000 | €2,968 | 13.7% | 75 | 51 |
| Conceição e Cabanas de Tavira · efdc29 | Active | €399,000 | €2,608 | 0.1% | 75 | 60 |
| Median comp | €359,500 | €2,652 | 1.6% | 75 | 58 |
Short-term vacation rental The 3-bed apartment in Conceição e Cabanas de Tavira, listed at €295,000, aligns closely with its fair value of €302,022, indicating it is at a fair price. Given the area's reputation for tourism and a 6.1% gross yield, this property is well-positioned for seasonal rental opportunities but can expect moderate revenue due to its location. Buy-and-hold With a fair market alignment at a listing price of €295,000, the apartment offers a stable investment opportunity, especially with a gross yield of 6.1%. While the property is not under significant financial pressure, the return potential is reasonable, given the neighborhood's average conditions and demand. Family rental This apartment is fairly priced at €295,000, making it an accessible option for family rentals in a neighborhood that offers local amenities despite its lower overall score of 63/100. The potential for sustained occupancy exists, but investors should be cautious, considering the area's limitations in proximity to major urban centers and employment opportunities.
Economic volatility risk With an economic stability score of 55/100, there is a heightened risk of fluctuations in property value and rental demand due to potential local economic downturns.
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