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 48 m² on the 3rd floor, built in 1986, energy rating E. Located on rua António Silva, 13, Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: This studio's nautical decor and air conditioning provide a modern coastal vibe, while the balcony offers unobstructed city views, enhancing its desirability for both living and rental potential.
The valuation. The asking price of €198,000 sits €33,600 (14.5%) below the fair value of €231,600, indicating that the property is underpriced. This suggests a potential for appreciation upon resale or rental income generation.
Fair value modelled at €231,600 from 6 comparable sales in the area. Asking €198,000 sits €33,600 (14.5%) below — the upside to fair value.
Asking €198,000 versus the rua António Silva, 13 area baseline of €206,849 (€4,309/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 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 €206,849, adjusted for condition and micro-location, gives a modelled fair value of €231,600 (€4,825/m²), a €33,600 (14.5%) gap versus the €198,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua António Silva, 13 | Subject | €198,000 | €4,125 | — | 68 | 60 |
| rua Tuberária Major, 12 | Active | €290,000 | €6,744 | 63.5% | 65 | 72 |
| Tavira (Santa Maria e Santiago) · 5b8899 | Active | €289,000 | €4,446 | 7.8% | 71 | 70 |
| rua Capitão Nobre Canelas | Active | €325,000 | €5,702 | 38.2% | 74 | 57 |
| Tavira (Santa Maria e Santiago) · b7b80b | Active | €175,000 | €5,000 | 21.2% | 65 | 64 |
| Median comp | €289,500 | €5,351 | 29.7% | 68 | 67 |
Short-term vacation rental This 1-bed studio in Tavira is well-positioned to cater to the significant tourist interest in the Algarve region, with a fair value indicating an opportunity for enhanced revenue potential. With a gross yield of 4.9%, the property demonstrates strong potential to generate income through short-term rentals, capitalizing on seasonal tourism peaks. Long-term rental The relatively competitive pricing of this property represents a promising option for long-term renters, especially in a region influenced heavily by tourism. The 4.9% gross yield can provide reliable monthly cash flow in a market with typically low crime rates and decent tenant quality. Buy-and-hold Holding this property allows for potential appreciation, given its value below the fair market assessment in a tourist-driven economy. By investing now, buyers can benefit from steady long-term growth as the region continues to develop while capitalizing on current underpricing. Not ideal for: Student housing, Luxury market, Industrial investment.
Economic and Tenant Stability Risk: With both economic stability and tenant stability scores at 55/100, there is a heightened risk of fluctuations in income and occupancy, potentially leading to cash flow instability.
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