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, 1-bathroom apartment of 64 m² on the 3rd floor, built in 1985, energy rating C. Located on rua Vasco Santana, 29, Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: The apartment is located in a private condominium, offering well-maintained communal facilities including a pool, tennis court, and beautifully landscaped gardens, enhancing the lifestyle experience.
The valuation. The asking price of €242,000 is significantly below the fair value of €325,926, representing a discount of €83,926 (25.8%). This position indicates an attractive investment opportunity in a desirable location.
Fair value modelled at €325,926 from 6 comparable sales in the area. Asking €242,000 sits €83,926 (25.8%) below — the upside to fair value.
Asking €242,000 versus the rua Vasco Santana, 29 area baseline of €260,577 (€4,072/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 €260,577, adjusted for condition and micro-location, gives a modelled fair value of €325,926 (€5,093/m²), a €83,926 (25.8%) gap versus the €242,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Vasco Santana, 29 | Subject | €242,000 | €3,781 | — | 80 | 71 |
| rua Comandante Henrique de Brito, 2 | Active | €280,000 | €5,185 | 37.1% | 75 | 61 |
| rua Jose Roiz Allacem S / N | Active | €325,000 | €5,000 | 32.2% | 76 | 63 |
| Tavira (Santa Maria e Santiago) · e40a95 | Active | €270,000 | €7,105 | 87.9% | 80 | 60 |
| rua Beatriz Costa, 41 | Active | €250,000 | €3,906 | 3.3% | 70 | 63 |
| Median comp | €275,000 | €5,093 | 34.7% | 76 | 62 |
Short-term vacation rental The 1-bed apartment in Tavira presents a compelling opportunity for short-term vacation rentals, as indicated by the strong fair value of €325,926, creating a gap of 25.8% against its listing price. With a gross yield of 4.6% and a neighborhood condition rating of 71/100, this property aligns well with the growing tourism demand in the Algarve region. Buy-and-hold Investing in this property for a buy-and-hold strategy appears promising due to its fair value exceeding the listing price, reinforcing the 25.8% gap and suggesting appreciation potential. The solid condition score of 85/100 indicates that the property is well-maintained, making it suitable for long-term investment. Family rental This 1-bed apartment in Tavira could serve effectively as a family rental, particularly given the favorable conditions for expat families in the area and a fair value that is significantly above the listing price. The region's low crime rate and decent amenities make it an attractive choice for families looking for rental properties. Not ideal for: Student housing Given the specifications of this apartment and the overall profile of the Tavira area, it is not ideally suited for student housing due to the potentially lower demand in a predominantly family-oriented neighborhood. Additionally, the 1-bed layout may not meet the needs of student living arrangements. Not ideal for: Luxury market The property does not fit the luxury market segment due to its lower pricing relative to upscale standards seen in the region, despite its appealing features. The fair value significantly above the listing price aligns more with affordable family housing than luxury investment.
Economic Vulnerability The property has a moderate economic stability score of 65/100, indicating potential vulnerability to economic fluctuations that could affect rental income clarity.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
