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 2nd floor, built in 2000. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: This apartment boasts private attic access for potential conversion into extra living space, complemented by front and back balconies offering views of historic Tavira's streets and rooftops.
The valuation. The asking price of €365,000 is €22,325 above the fair value of €342,675, representing a 6.5% premium. This property is priced appropriately within the market context.
Fair value modelled at €342,675 from 6 comparable sales in the area. Asking €365,000 sits €22,325 (6.5%) above — overpriced versus fair value.
Asking €365,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €283,506 (€2,305/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 €283,506, adjusted for condition and micro-location, gives a modelled fair value of €342,675 (€2,786/m²), a €22,325 (6.5%) gap versus the €365,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · 51cd38 | Subject | €365,000 | €2,967 | — | 62 | 57 |
| via do Infante | Active | €289,000 | €2,726 | 8.1% | 70 | 63 |
| Tavira (Santa Maria e Santiago) · 5e622c | Active | €350,000 | €2,846 | 4.1% | 72 | 65 |
| rua das Andainas, 4N | Active | €325,000 | €3,250 | 9.5% | 65 | 65 |
| rua Luís de Camões, 2 | Active | €345,000 | €2,654 | 10.6% | 74 | 65 |
| Median comp | €335,000 | €2,786 | 6.1% | 71 | 65 |
Short-term vacation rental The yield of 3.9% gross indicates that while the property may perform adequately in a vacation rental scenario, the slight 6.5% gap compared to fair value suggests that the entry price is near its peak potential. Additionally, with a neighborhood rating of 57/100, it may not attract high-end tourists looking for luxury stays. Long-term rental With a fair value close to the listing price, the potential for long-term rental income may be limited, especially with a neighborhood rating of 57/100, which could deter quality tenants. The 3.9% gross yield offers stable returns, yet the property is fairly priced relative to local market conditions. Buy-and-hold Investing in this property for long-term appreciation may be challenging, as it is priced fairly at €365,000 with a fair value slightly lower at €342,675. Additionally, the overall condition score of 67/100 suggests that significant capital may be required for maintenance and upgrades, impacting future returns.
Moderate economic and tenant instability The property faces a risk of tenant turnover and inconsistent rental income due to a relatively low economic stability score of 55/100 and a tenant stability score of 60/100, which may affect profitability negatively.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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