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, 0-bathroom apartment of 65 m², built in 1997, energy rating C. Located Conceição e Cabanas de Tavira parish, Tavira municipality, Faro district. Noteworthy Features: The property boasts a large private patio with a barbecue, perfect for outdoor dining and entertaining, and is positioned in a vibrant community with a communal pool and gardens.
The valuation. The asking price of €350,000 is significantly above the fair value of €268,640, indicating that the property is overpriced by €81,360 (30.3%). Buy-to-flip angle. Given the high asking price, a buy-to-flip strategy may be challenging in a competitive market needing price adjustments for resale. Buy-to-let angle. A long-term rental strategy could yield approximately €962/month, resulting in a gross yield of 3.3%, which may be insufficient in a potentially saturated rental market.
Fair value modelled at €268,640 from 6 comparable sales in the area. Asking €350,000 sits €81,360 (30.3%) above — overpriced versus fair value.
Asking €350,000 versus the Conceição e Cabanas de Tavira, Tavira, Faro area baseline of €239,556 (€3,685/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 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 €239,556, adjusted for condition and micro-location, gives a modelled fair value of €268,640 (€4,133/m²), a €81,360 (30.3%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Conceição e Cabanas de Tavira · 2d85ab | Subject | €350,000 | €5,385 | — | 72 | 61 |
| rua Beatriz Costa, 41 | Active | €250,000 | €3,906 | 27.5% | 70 | 63 |
| Tavira (Santa Maria e Santiago) · 33bbb7 | Active | €220,000 | €5,641 | 4.8% | 65 | 60 |
| rua Comandante Henrique de Brito, 2 | Active | €280,000 | €5,185 | 3.7% | 75 | 61 |
| Tavira (Santa Maria e Santiago) · 65a682 | Active | €240,000 | €3,692 | 31.4% | 70 | 62 |
| Median comp | €245,000 | €4,546 | 15.6% | 70 | 62 |
Short-term vacation rental The property is not suitable for short-term vacation rentals due to its 30.3% gap from fair value, indicating that it is overpriced relative to potential rental yields. Furthermore, with a gross yield of only 3.3%, it struggles to appeal to the competitive tourism market in Algarve. Long-term rental Investing in long-term rental may not be advisable as the apartment is overpriced by 30.3% compared to fair value, limiting profitability and return on investment. Additionally, the neighbourhood's score of 61/100 reflects potential challenges in tenant demand. Buy-and-hold The buy-and-hold strategy appears unfavorable given the property's 30.3% overvaluation against its fair value, which may hinder appreciation expectations. With a condition rating of 68/100, the investment lacks the resilience needed for long-term growth in the current market climate.
Economic and Tenant Instability Risk: With an economic stability score of 50 and a tenant stability score of 60, there is a heightened risk of fluctuating income and potential vacancy issues, as both scores indicate challenges in sustaining reliable cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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