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 43 m² on the 1st floor, built in 1988, energy rating E. Located on rua Tuberária Major, 12, Conceição e Cabanas de Tavira parish, Tavira municipality, Faro district. This one-bedroom apartment features a well-utilized kitchen and a strategic location, only a short walk from local amenities and the scenic coast, enhancing its investment appeal.
The valuation. The asking price of €290,000 is significantly above the fair value of €207,475, reflecting an overpricing of €82,525 (39.8%). This disparity suggests that potential investors should exercise caution in their purchasing decisions.
Fair value modelled at €207,475 from 6 comparable sales in the area. Asking €290,000 sits €82,525 (39.8%) above — overpriced versus fair value.
Asking €290,000 versus the rua Tuberária Major, 12 area baseline of €195,352 (€4,543/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 €195,352, adjusted for condition and micro-location, gives a modelled fair value of €207,475 (€4,825/m²), a €82,525 (39.8%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Tuberária Major, 12 | Subject | €290,000 | €6,744 | — | 65 | 72 |
| Tavira (Santa Maria e Santiago) · b7b80b | Active | €175,000 | €5,000 | 25.9% | 65 | 64 |
| Tavira (Santa Maria e Santiago) · 82c6d1 | Active | €186,000 | €4,650 | 31.1% | — | 60 |
| Tavira (Santa Maria e Santiago) · 33bbb7 | Active | €220,000 | €5,641 | 16.4% | 65 | 60 |
| rua Capitão Nobre Canelas | Active | €325,000 | €5,702 | 15.5% | 74 | 57 |
| Median comp | €203,000 | €5,321 | 21.1% | 65 | 60 |
Short-term vacation rental The current listing price of €290,000 represents a 39.8% gap over the assessed fair value, making it an overpriced option for vacation rentals in a market driven by seasonal tourism. With a gross yield of 3.3% and a condition rating of 62/100, the return potential is diminished in comparison to more competitively priced alternatives. Buy-and-hold Holding this property for long-term appreciation presents challenges given the 39.8% premium over fair value, indicating it is overpriced in the current market. The modest yield of 3.3% further complicates its attractiveness as a buy-and-hold investment strategy. Family rental The listing price of €290,000 overshoots the fair value by 39.8%, categorizing it as overpriced within the family rental sector. With a neighborhood quality rating of 72/100, the property’s appeal may be limited by its initial pricing compared to similar family housing options. Not ideal for: Luxury market The property’s price point of €290,000 exceeds its fair value and does not align with the expectations of the luxury market segment. Its condition rating of 62/100 further reinforces its misalignment with luxury buyer standards. Not ideal for: Student housing At a listing price of €290,000, the property is considerably overpriced for the student housing niche, where budget considerations are crucial. The yield of 3.3% and fair value gap make it less attractive for that demographic.
Tenant turnover risk The tenant stability score of 75/100 indicates a moderate risk of turnover which could lead to increased vacancy periods and costs for the property owner.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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