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.
1-bedroom, 2-bathroom apartment of 110 m², energy rating B. Located on rua da Liberdade, Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. This apartment features a unique upper-floor private terrace overlooking the rooftops of Tavira, providing an exceptional outdoor space for relaxation and entertaining, a rare find in this historic area.
The valuation. The asking price of €580,000 sits €36,638 (6.7%) above the fair value of €543,362, indicating the property is priced appropriately but slightly on the higher side of market expectations. Buy-to-flip angle. Given the quality finishes and the desirable location in Tavira, a resale strategy within 1-2 years could capitalize on the tourist-driven demand for premium properties, leveraging potential appreciation in value. Buy-to-let angle. With an estimated gross yield of 2.5% from a projected rental income of €1,208/month, this property is positioned well for long-term rental income in the tourist-heavy Algarve market, appealing to vacationers seeking quality accommodations.
Fair value modelled at €543,362 from 5 comparable sales in the area. Asking €580,000 sits €36,638 (6.7%) above — overpriced versus fair value.
Asking €580,000 versus the rua da Liberdade area baseline of €450,436 (€4,095/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 is above the parish average, lifting 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 €450,436, adjusted for condition and micro-location, gives a modelled fair value of €543,362 (€4,940/m²), a €36,638 (6.7%) gap versus the €580,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Liberdade | Subject | €580,000 | €5,273 | — | 75 | 62 |
| rua de São Pedro | Active | €350,000 | €7,955 | 50.9% | 75 | 62 |
| urbanização Quinta Morgado | Active | €375,000 | €4,167 | 21.0% | 71 | 60 |
| Tavira (Santa Maria e Santiago) · 3df546 | Active | €410,000 | €6,406 | 21.5% | 80 | 73 |
| Tavira (Santa Maria e Santiago) · a8ed8c | Active | €573,000 | €4,940 | 6.3% | 74 | 57 |
| Median comp | €392,500 | €5,673 | 7.6% | 75 | 61 |
Short-term vacation rental The property is well-situated in Tavira, a region known for its strong short-term rental market. However, with a gross yield of only 2.5%, the investment may not maximize return potential given its fair valuation. Long-term rental While the property is in a desirable area for both tourists and locals, the gross yield of 2.5% indicates a modest income potential relative to the fair value. Investors should consider whether the income stream justifies the current price in a market influenced by seasonal tourism patterns. Buy-and-hold Holding this property may provide gradual appreciation in value due to the solid location in Tavira, but the 6.7% gap from fair value suggests limited upside in the short-term. Given the moderate condition rating of 78/100, future investments may be required which could dampen overall returns.
Moderate Economic Instability The property faces a moderate risk due to an economic stability score of 55/100, indicating potential challenges in the local economy that could affect long-term tenant retention and rent levels.
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