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.
2-bedroom, 1-bathroom apartment of 126 m² on the 2nd floor, built in 2022, energy rating B. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Feature: This penthouse offers breathtaking panoramic views of the Ria Formosa and the sea, enhanced by a private outdoor kitchen on the terrace for al fresco dining.
The valuation. The asking price of €485,000 sits 24.6% below the fair value of €643,380, indicating that this property is subvalued in the current market. The potential for appreciation makes it an attractive investment opportunity.
Fair value modelled at €643,380 from 6 comparable sales in the area. Asking €485,000 sits €158,380 (24.6%) below — the upside to fair value.
Asking €485,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €513,333 (€4,074/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €513,333, adjusted for condition and micro-location, gives a modelled fair value of €643,380 (€5,106/m²), a €158,380 (24.6%) gap versus the €485,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · 828f66 | Subject | €485,000 | €3,849 | — | 85 | 61 |
| urbanização Quinta Morgado | Active | €375,000 | €4,167 | 8.2% | 71 | 60 |
| Tavira (Santa Maria e Santiago) · 3df546 | Active | €410,000 | €6,406 | 66.4% | 80 | 73 |
| rua de São Pedro | Active | €350,000 | €7,955 | 106.7% | 75 | 62 |
| Tavira (Santa Maria e Santiago) · 4392c1 | Active | €465,000 | €4,009 | 4.1% | 76 | 59 |
| Median comp | €392,500 | €5,287 | 37.3% | 76 | 61 |
Long-term rental The 2-bed apartment in Tavira presents an appealing opportunity for long-term rental investors, with a fair value exceeding the listing price by 24.6%. With a gross yield of 2% and a condition score of 85/100, this property aligns well with market demands in a region where tourism heavily influences rental prospects. Buy-and-hold Investing in this property as a buy-and-hold strategy is supported by its underpriced positioning relative to fair market value, allowing room for appreciation over time. Given the neighborhood's moderate amenities and positive condition, this apartment could function as a reliable asset in a growing yet stable rural market. Family rental The apartment is well-suited for family rental, given its generous space and fair value gap, indicating it is likely to attract tenants seeking a longer-term residence. With a neighborhood score of 61/100, it offers sufficient access to amenities for families, despite being outside a major urban center.
Economic vulnerability With an economic stability score of 60/100 and a tenant stability score of 65/100, the property faces potential risks due to a lack of strong economic growth and moderate tenant retention, which could affect rental income consistency and value appreciation.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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