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 80 m² on the 2nd floor, built in 1995, energy rating D. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: The apartment's unobstructed second-floor view enhances natural light, while its proximity to Tavira Island's boarding pier and local markets facilitates a vibrant, car-free lifestyle.
The valuation. The asking price of €270,000 is notably below the fair value of €309,949, indicating an undervalued property by €39,949 or 12.9%. This presents a compelling opportunity for prospective investors looking for value. Buy-to-flip angle. A buy-to-flip strategy could capitalize on the underpricing, enabling resale at a higher price post-renovation, especially in the thriving Algarve market. The anticipated value increase could yield substantial profits with effective upgrades. Buy-to-let angle. With an estimated gross yield of 4.3%, renting this apartment for around €967 per month provides a solid income stream. The area’s reliance on tourism ensures consistent demand for short-term and long-term rental options.
Fair value modelled at €309,949 from 6 comparable sales in the area. Asking €270,000 sits €39,949 (12.9%) below — the upside to fair value.
Asking €270,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €269,961 (€3,375/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 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 €269,961, adjusted for condition and micro-location, gives a modelled fair value of €309,949 (€3,874/m²), a €39,949 (12.9%) gap versus the €270,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · 07fc52 | Subject | €270,000 | €3,375 | — | 62 | 65 |
| Tavira (Santa Maria e Santiago) · 62270d | Active | €340,000 | €3,091 | 8.4% | 70 | 58 |
| Tavira (Santa Maria e Santiago) · 82c6d1 | Active | €186,000 | €4,650 | 37.8% | — | 60 |
| Tavira (Santa Maria e Santiago) · 6c7bf5 | Active | €199,000 | €4,061 | 20.3% | 62 | 59 |
| rua António Pinheiro, 3 | Active | €198,000 | €3,094 | 8.3% | 62 | 75 |
| Median comp | €198,500 | €3,578 | 6.0% | 62 | 60 |
Short-term vacation rental This 1-bed apartment in Tavira is well-positioned to capitalize on the robust tourism market in the Algarve, given its fair value of €309,949 compared to the listing of €270,000, indicating a gap of 12.9%. With a gross yield of 4.3%, the property presents an appealing opportunity for short-term vacation rentals in a location known for its economic reliance on tourism. Long-term rental The apartment’s fair value of €309,949 versus the listing of €270,000 suggests potential in the long-term rental market, particularly for attracting quality tenants in the popular Tavira area. Given the stable demand for rentals in tourist regions, this property offers a solid 4.3% gross yield that can provide steady income over time. Buy-and-hold Investing in this apartment represents a strong buy-and-hold strategy because it is subvalorizada at €270,000, with its market fair value at €309,949 showing a 12.9% upside. Additionally, the property’s 4.3% gross yield enhances the attractiveness for long-term appreciation and consistent cash flow within a growing tourist economy.
Tenant turnover risk The economic and tenant stability scores of 65/100 indicate a potential for frequent tenant turnover, which could lead to increased vacancy rates and associated costs over time.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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