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.
3-bedroom, 2-bathroom apartment of 130 m² on the 2nd floor, energy rating C. Located on rua Luís de Camões, 2, Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: The apartment boasts panoramic balconies offering breathtaking ocean and city views, complemented by abundant natural light that enhances its spacious and welcoming design.
The valuation. The asking price of €345,000 sits €13,621 (3.8%) below the fair value of €358,621, indicating that the property is priced fairly in the current market.
Fair value modelled at €358,621 from 5 comparable sales in the area. Asking €345,000 sits €13,621 (3.8%) below — the upside to fair value.
Asking €345,000 versus the rua Luís de Camões, 2 area baseline of €273,010 (€2,100/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 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 €273,010, adjusted for condition and micro-location, gives a modelled fair value of €358,621 (€2,759/m²), a €13,621 (3.8%) gap versus the €345,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Luís de Camões, 2 | Subject | €345,000 | €2,654 | — | 74 | 65 |
| Tavira (Santa Maria e Santiago) · 5e622c | Active | €350,000 | €2,846 | 7.2% | 72 | 65 |
| via do Infante | Active | €289,000 | €2,726 | 2.7% | 70 | 63 |
| rua Doutor Silvestre Falcão | Active | €295,000 | €3,041 | 14.6% | 75 | 60 |
| rua Doutor Silvestre Falcão | Active | €320,000 | €2,759 | 3.9% | 70 | 71 |
| Median comp | €307,500 | €2,803 | 5.6% | 71 | 64 |
Short-term vacation rental The property offers a fair valuation and a gross yield of 4.3%, making it a reasonable option for a short-term vacation rental strategy in the tourism-driven market of Tavira. The neighborhood's attractiveness is enhanced by the Algarve's scenic coastlines, despite a lower condition rating of 72/100 that may require some minor renovations for optimal rental appeal. Long-term rental With a fair market price and a yield of 4.3%, this property could provide a steady income stream through long-term rental, particularly appealing to families looking for space in Tavira. However, the neighborhood's rating of 65/100 suggests potential challenges in tenant quality and demand compared to more sought-after areas. Buy-and-hold Acquiring this apartment can be viewed as a long-term investment strategy at a fair price, with the potential for appreciation in the tourist-friendly Algarve region. Despite the fair valuation, the property may demand attention to its condition and neighborhood factors to maximize long-term investment returns.
Economic Vulnerability The economic stability score of 55/100 indicates a potential risk of volatility in rental income and property value due to unfavorable market conditions.
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
