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 55 m², built in 2022. Located on rua Poeta Emiliano da Costa, 46, Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Feature: This apartment features an efficient open-plan layout optimized for natural light, along with modern high-quality finishes that enhance its lifestyle appeal and market rental potential.
The valuation. The asking price of €250,000 is only €2,923 (1.2%) above the fair value of €247,077. This property is fairly valued, making it a viable consideration for potential investors.
Fair value modelled at €247,077 from 6 comparable sales in the area. Asking €250,000 sits €2,923 (1.2%) above — overpriced versus fair value.
Asking €250,000 versus the rua Poeta Emiliano da Costa, 46 area baseline of €198,626 (€3,611/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €198,626, adjusted for condition and micro-location, gives a modelled fair value of €247,077 (€4,492/m²), a €2,923 (1.2%) gap versus the €250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Poeta Emiliano da Costa, 46 | Subject | €250,000 | €4,545 | — | 82 | 71 |
| Tavira (Santa Maria e Santiago) · e40a95 | Active | €270,000 | €7,105 | 56.3% | 80 | 60 |
| rua das Andainas, 2 | Active | €295,000 | €3,352 | 26.2% | 80 | 60 |
| rua Vasco Santana, 29 | Active | €242,000 | €3,781 | 16.8% | 80 | 71 |
| Tavira (Santa Maria e Santiago) · 5b8899 | Active | €289,000 | €4,446 | 2.2% | 71 | 70 |
| Median comp | €279,500 | €4,114 | 9.5% | 80 | 65 |
Long-term rental With a gross yield of 3.7%, this property offers a stable return in a market that appears fairly valued at a 1.2% gap from fair value. Its condition rating of 80 and neighborhood score of 71 further underscore the potential for consistent rental income in a well-known tourist region. Short-term vacation rental The apartment's location in Tavira, a tourist-friendly destination in the Algarve, supports a solid gross yield of 3.7%, suggesting potential for short-term vacation rental success. Although the property is fairly valued at €250,000, the appeal of the area's amenities can attract a steady stream of visitors, enhancing revenue opportunities. Buy-and-hold Owning this property could yield decent returns in a stable market, with the fair value at €247,077 indicating limited immediate appreciation potential. The sound ratings for condition and neighborhood suggest that it could serve well as a long-term buy-and-hold investment, given its competitive positioning in a desirable locale.
Economic Vulnerability The economic stability score of 65/100 suggests potential susceptibility to market fluctuations, which could impact rental income stability.
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
