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 studio of 39 m² on the 4th floor, built in 1985. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy features: The property has unobstructed views from the balcony and offers access to extensive outdoor areas, enhancing the living experience in the Algarve climate.
The valuation. The asking price of €220,000 sits €64,634 or 41.6% above the fair value of €155,366, indicating the property is overpriced. This discrepancy suggests a cautionary approach for potential investors. Buy-to-flip angle. The resale strategy targets the short-term vacation rental market, leveraging the property’s location in Tavira to attract tourists, though the high purchase price may limit potential profit margins. Buy-to-let angle. With an estimated rental income of €715 per month, the gross yield stands at 3.9%, which may appeal to buy-and-hold investors, despite the need to evaluate ongoing costs against rental expectations.
Fair value modelled at €155,366 from 6 comparable sales in the area. Asking €220,000 sits €64,634 (41.6%) above — overpriced versus fair value.
Asking €220,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €139,407 (€3,575/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 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 €139,407, adjusted for condition and micro-location, gives a modelled fair value of €155,366 (€3,984/m²), a €64,634 (41.6%) gap versus the €220,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · 33bbb7 | Subject | €220,000 | €5,641 | — | 65 | 60 |
| rua Beatriz Costa, 41 | Active | €250,000 | €3,906 | 30.8% | 70 | 63 |
| rua da Nora Branca | Active | €200,000 | €5,882 | 4.3% | — | 59 |
| Tavira (Santa Maria e Santiago) · 82c6d1 | Active | €186,000 | €4,650 | 17.6% | — | 60 |
| Tavira (Santa Maria e Santiago) · 6c7bf5 | Active | €199,000 | €4,061 | 28.0% | 62 | 59 |
| Median comp | €199,500 | €4,356 | 22.8% | 66 | 60 |
Short-term vacation rental The property is overpriced by 41.6% compared to its fair value, making it a less attractive option for short-term vacation rental investments. With a gross yield of only 3.9%, the potential for adequate returns is diminished in a market focused on tourism. Buy-and-hold Investing in this 1-bed studio in Tavira seems ill-advised as its price significantly exceeds the fair value, indicating a lack of appreciation potential. The low tenant quality and moderate condition further highlight that long-term hold strategies may not deliver favorable outcomes. Family rental Due to its current price being 41.6% above fair value, this property is unlikely to meet the financial expectations of a family rental investment. The neighbourhood's typical tourist amenities do not support sustainable family living, making the investment riskier in this market context.
Economic Vulnerability The economic stability score of 50/100 indicates a high risk of unfavorable market conditions that could affect property value and rental demand.
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