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, 5-bathroom apartment of 138 m², built in 2022, energy rating B. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. The apartment features a 50 m² terrace with a private pool and outdoor kitchen, perfect for alfresco dining and enjoying stunning sunsets in a tranquil gated community.
The valuation. The asking price of €430,000 is significantly below the fair value of €549,565, presenting an opportunity with a difference of €119,565 (21.8%). This property is underpriced considering its prime location and quality.
Fair value modelled at €549,565 from 6 comparable sales in the area. Asking €430,000 sits €119,565 (21.8%) below — the upside to fair value.
Asking €430,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €418,965 (€3,036/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 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 €418,965, adjusted for condition and micro-location, gives a modelled fair value of €549,565 (€3,982/m²), a €119,565 (21.8%) gap versus the €430,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · 57f834 | Subject | €430,000 | €3,116 | — | 80 | 64 |
| Tavira (Santa Maria e Santiago) · 28bb09 | Active | €675,000 | €3,947 | 26.7% | 80 | 68 |
| Tavira (Santa Maria e Santiago) · 653025 | Active | €640,000 | €3,926 | 26.0% | 85 | 60 |
| praça da República | Active | €525,000 | €4,565 | 46.5% | 82 | 66 |
| Tavira (Santa Maria e Santiago) · b7c28b | Active | €695,000 | €4,017 | 28.9% | 80 | 60 |
| Median comp | €657,500 | €3,982 | 27.8% | 81 | 63 |
Long-term rental This 2-bed apartment in Tavira is well-positioned for stable long-term rental income, with a fair value of €549,565 suggesting an attractive investment opportunity against the listing price of €430,000. The gross yield of 3.1% reflects a solid return, particularly given the apartment's good condition rating of 83/100 and the growing demand in a tourist-oriented region. Short-term vacation rental The apartment's strategic location near Algarve makes it ideal for short-term vacation rentals, capturing the influx of tourists seeking accommodation in a popular destination. With its fair value significantly higher than its listing price, the investment offers a substantial gap that enhances its appeal as a rental property in a market driven by seasonal demand. Buy-and-hold Acquiring this property for a buy-and-hold strategy presents an opportunity to capitalize on rising property values in Tavira, supported by the fair value estimation indicating a 21.8% gap from the listing price. This apartment's high condition rating and favorable tourism dynamics position it well for appreciating in value over time, making it a compelling long-term asset. Not ideal for: Student housing, Luxury market, Industrial property These strategies do not align with the profile of the property, which is better suited for residential and vacation rental markets, given its size, location, and neighborhood characteristics.
Inconsistent tenant turnover risk The combination of a 60/100 economic stability score and a 65/100 tenant stability score suggests potential volatility in occupancy rates, affecting cash flow predictability.
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
