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 123 m² on the 1st floor, built in 2006, energy rating C. Located Conceição e Cabanas de Tavira parish, Tavira municipality, Faro district. Property features: The apartment's west-facing terrace not only offers a sea view but also includes a dedicated barbecue area for outdoor dining and entertaining. Facilidades do condomínio: A piscina do condomínio é acompanhada por um café/bar sazonal, proporcionando opções de lazer adicionais durante o verão.
The valuation. The asking price of €399,000 is €89,216 (18.3%) below the fair value of €488,216, indicating that this property is underpriced. This offers an attractive entry point for potential investors. Buy-to-flip angle. The property can be upgraded further and sold at a competitive price, leveraging its high-end interior finishes to attract buyers in the Algarve market. This strategy aims for a quick turnaround and appreciation by targeting the vacation rental crowd. Buy-to-let angle. With an estimated monthly rental income of €1,330, this property presents a gross yield of 4%. The high tourist demand in the Algarve enhances the potential for both short-term and long-term rental strategies, ensuring steady cash flow.
Fair value modelled at €488,216 from 6 comparable sales in the area. Asking €399,000 sits €89,216 (18.3%) below — the upside to fair value.
Asking €399,000 versus the Conceição e Cabanas de Tavira, Tavira, Faro area baseline of €397,979 (€3,236/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 €397,979, adjusted for condition and micro-location, gives a modelled fair value of €488,216 (€3,969/m²), a €89,216 (18.3%) gap versus the €399,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Conceição e Cabanas de Tavira · 2ce14e | Subject | €399,000 | €3,244 | — | 82 | 71 |
| rua Tuberária Major S / N | Active | €450,000 | €4,245 | 30.9% | 75 | 71 |
| rua 25 de Abril | Active | €325,000 | €3,693 | 13.8% | 80 | 66 |
| Conceição e Cabanas de Tavira · 82c7a5 | Active | €325,000 | €3,693 | 13.8% | 78 | 71 |
| Conceição e Cabanas de Tavira · e8353f | Active | €325,000 | €3,095 | 4.6% | 71 | 64 |
| Median comp | €325,000 | €3,693 | 13.8% | 77 | 69 |
Short-term vacation rental With a fair value of €488,216, this 2-bed apartment in Tavira is currently listed at €399,000, marking an 18.3% gap that points to strong potential for short-term vacation rental income. The 4% gross yield along with the favorable condition and location make it an appealing option for investors targeting the tourist market. Long-term rental The current listing price of €399,000 affords an attractive opportunity for long-term rental, especially given the property's fair value of €488,216 and a gross yield of 4%. The apartment's favorable condition and decent neighborhood ratings support its appeal to quality tenants seeking stability in a tourist-oriented region. Buy-and-hold Investing in this apartment at €399,000 presents a compelling buy-and-hold opportunity, as it is valued at €488,216, resulting in an 18.3% gap that reflects strong appreciation potential. The combination of a solid rental yield and the growing demand in Tavira makes this property a strategic addition to a long-term investment portfolio.
Economic Vulnerability The economic stability score of 65/100 suggests potential vulnerability to market fluctuations that could impact tenant retention and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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