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 123 m² on the 1st floor, built in 2000, energy rating C. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Large balcony offers outdoor space for relaxation, while a closed balcony enhances functionality by serving as a laundry area, perfect for family living in Tavira.
The valuation. The asking price of €350,000 is slightly above the fair value of €339,310, indicating a difference of €10,690, which is 3.2%. The property is considered fairly valued based on current market conditions.
Fair value modelled at €339,310 from 6 comparable sales in the area. Asking €350,000 sits €10,690 (3.2%) above — overpriced versus fair value.
Asking €350,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €262,336 (€2,133/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 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 €262,336, adjusted for condition and micro-location, gives a modelled fair value of €339,310 (€2,759/m²), a €10,690 (3.2%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · 5e622c | Subject | €350,000 | €2,846 | — | 72 | 65 |
| via do Infante | Active | €289,000 | €2,726 | 4.2% | 70 | 63 |
| rua Doutor Silvestre Falcão | Active | €295,000 | €3,041 | 6.9% | 75 | 60 |
| rua Beatriz Costa | Active | €325,000 | €2,686 | 5.6% | 62 | 60 |
| Tavira (Santa Maria e Santiago) · be957b | Active | €315,000 | €2,917 | 2.5% | — | 62 |
| Median comp | €305,000 | €2,822 | 0.8% | 70 | 61 |
Long-term rental The property offers a gross yield of 4.6%, which is relatively attractive given the fair valuation indicates it is priced appropriately. However, with a condition score of 71/100 and a neighbourhood score of 65/100, it may not attract premium long-term tenants, impacting potential stability. Short-term vacation rental Amid the seasonal influx typical of the Algarve region, this apartment stands as a viable option for short-term vacation rentals, benefiting from the local tourism dynamics. Despite being priced fairly, the current condition and neighbourhood scores suggest that while it may perform adequately, it is not positioned as a top-tier investment in the competitive vacation rental market.
Economic vulnerability The property has a relatively low economic stability score of 60, indicating potential vulnerability to market fluctuations that could impact rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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