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 101 m² on the 1st floor, built in 2009, energy rating C. Located on rua Sophia de Melo Breyner Andresen, 3E, Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. This apartment features a balcony accessible from one of the bedrooms, providing unobstructed views and an ideal spot for enjoying the tranquil surroundings.
The valuation. The asking price of €280,000 sits €20,424 (6.8%) below the fair value of €300,424, indicating it is fairly priced in the current market conditions. This suggests a balanced opportunity for investment without immediate concerns of overvaluation.
Fair value modelled at €300,424 from 6 comparable sales in the area. Asking €280,000 sits €20,424 (6.8%) below — the upside to fair value.
Asking €280,000 versus the rua Sophia de Melo Breyner Andresen, 3E area baseline of €229,242 (€2,270/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €229,242, adjusted for condition and micro-location, gives a modelled fair value of €300,424 (€2,974/m²), a €20,424 (6.8%) gap versus the €280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Sophia de Melo Breyner Andresen, 3E | Subject | €280,000 | €2,772 | — | 76 | 61 |
| Tavira (Santa Maria e Santiago) · 53cd41 | Active | €399,999 | €2,941 | 6.1% | 75 | 64 |
| Tavira (Santa Maria e Santiago) · 76b295 | Active | €385,000 | €3,008 | 8.5% | 82 | 65 |
| urbanização do Lagar | Active | €295,000 | €2,611 | 5.8% | 70 | 63 |
| Tavira (Santa Maria e Santiago) · 483c83 | Active | €480,000 | €3,453 | 24.6% | 82 | 58 |
| Median comp | €392,500 | €2,975 | 7.3% | 79 | 64 |
Short-term vacation rental This apartment, while situated in a popular Algarve vacation region, offers a fair yield of 4.8% gross, which is typical for the area. However, its reliance on seasonal tourism demand may limit long-term stability in cash flow. Family rental Considering its condition rating of 78/100, the property can appeal to families looking for mid-term accommodations, though the neighborhood score of 61/100 suggests a need for improvement in local amenities to enhance desirability. While fairly priced, potential rental income may not reach maximum saturation due to competition from similar offerings. Long-term rental The property shows a reasonable yield at 4.8% gross for a long-term rental strategy, but its position in a tourist-dominated area means the market may experience fluctuations in tenant demand. At fair value, this investment presents an average opportunity in a market that may not offer robust returns due to its dependency on tourism-related economic cycles.
Economic and Tenant Stability Risk The property faces potential vacancy challenges due to both economic and tenant stability scores at a low 55/100, indicating a precarious situation for reliable rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
