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 Conceição e Cabanas de Tavira parish, Tavira municipality, Faro district. Noteworthy Features: This 3-bed apartment features spacious balconies ideal for outdoor relaxation, and its prime location ensures quick access to golf courses and beach activities, enhancing its appeal as both a residence and investment.
The valuation. The asking price of €295,000 is slightly below the fair value of €303,512, indicating a minor discount of €8,512 (2.8%). Verdict: fair.
Fair value modelled at €303,512 from 5 comparable sales in the area. Asking €295,000 sits €8,512 (2.8%) below — the upside to fair value.
Asking €295,000 versus the Conceição e Cabanas de Tavira, Tavira, Faro area baseline of €249,850 (€2,211/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 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 €249,850, adjusted for condition and micro-location, gives a modelled fair value of €303,512 (€2,686/m²), a €8,512 (2.8%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Conceição e Cabanas de Tavira · a80317 | Subject | €295,000 | €2,611 | — | 70 | 68 |
| urbanização do Lagar | Active | €348,000 | €2,617 | 0.2% | 75 | 56 |
| Conceição e Cabanas de Tavira · 42022f | Active | €371,000 | €2,968 | 13.7% | 75 | 51 |
| rua Beatriz Costa | Active | €325,000 | €2,686 | 2.9% | 62 | 60 |
| urbanização do Lagar | Active | €250,000 | €2,660 | 1.9% | 70 | 67 |
| Median comp | €336,500 | €2,673 | 2.4% | 73 | 58 |
Short-term vacation rental Due to the seasonal nature of tourism in the Algarve, this property offers a solid yield of 6.1% gross, which can attract vacationers during peak months. However, tenant stability may fluctuate, impacting the overall income for short-term rentals, keeping it aligned with its fair value. Long-term rental With a fair value assessment of €303,512 and a gross yield of 6.1%, this property may appeal to long-term tenants looking for a decent living space in a tourist-centric area. The relatively low neighborhood quality score of 68/100 indicates that while consistent demand exists, the potential for rental growth may be limited. Buy-and-hold Holding this property could be advantageous given its fair value and the prospect of stable income through rentals, although the 2.8% gap suggests little room for price appreciation. The 70/100 condition rating reflects a decent opportunity for gradual value increase through strategic upgrades over time, but the current state places constraints on investment returns.
Tenant turnover risk The tenant stability score of 60/100 indicates potential for higher turnover rates, leading to increased vacancy costs and leasing expenses.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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