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, 2-bathroom apartment of 128 m² on the 1st floor, energy rating C. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy features: This apartment boasts high ceilings enhancing spatial perception and is located in a family-friendly neighborhood with easy access to essential amenities and transportation routes.
The valuation. The asking price of €385,000 exceeds the fair value of €370,349 by €14,651, representing a 4.0% difference. This positions the property as fairly priced within the market context.
Fair value modelled at €370,349 from 6 comparable sales in the area. Asking €385,000 sits €14,651 (4.0%) above — overpriced versus fair value.
Asking €385,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €267,051 (€2,086/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €267,051, adjusted for condition and micro-location, gives a modelled fair value of €370,349 (€2,893/m²), a €14,651 (4.0%) gap versus the €385,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · 76b295 | Subject | €385,000 | €3,008 | — | 82 | 65 |
| Tavira (Santa Maria e Santiago) · 53cd41 | Active | €399,999 | €2,941 | 2.2% | 75 | 64 |
| Tavira (Santa Maria e Santiago) · 25f70c | Active | €360,000 | €3,830 | 27.3% | 75 | 62 |
| rua Doutor Silvestre Falcão | Active | €295,000 | €3,041 | 1.1% | 75 | 60 |
| rua Doutor Silvestre Falcão | Active | €320,000 | €2,759 | 8.3% | 70 | 71 |
| Median comp | €340,000 | €2,991 | 0.6% | 75 | 63 |
Short-term vacation rental The property is fairly priced at €385,000, which allows for a gross yield of 4.5% that resonates well with vacation rental investors in the Algarve. Given the region's appeal as a tourist hotspot, the apartment's close proximity to local amenities and beach access could contribute positively to short-term rental occupancy. Buy-and-hold With a fair value of €370,349, the property offers a modest gap of 4.0%, making it a reasonable choice for investors seeking stable appreciation in the long term. However, ongoing costs and a relatively lower neighbourhood rating of 65/100 suggest caution, as future value growth may be limited despite the stable rental yield. Family rental Although the property sits at a fair value of €385,000, its location and condition score raise concerns for family rentals due to limited nearby schooling options and a moderate neighbourhood rating. Consequently, this could result in challenges attracting long-term family tenants despite the area’s low crime rates and decent overall market stability.
Economic Vulnerability The property's economic stability score of 55/100 indicates a significant risk related to potential market fluctuations and economic downturns.
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