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, 1-bathroom apartment of 96 m², built in 2001, energy rating C. Located Conceição e Cabanas de Tavira parish, Tavira municipality, Faro district. Noteworthy Features: This apartment offers leather seating in the living area and black granite finishes in the kitchen, reflecting a blend of comfort and modern design in a strategic location.
The valuation. The asking price of €360,000 sits €26,069 (7.8%) above its fair value of €333,931, indicating a fair valuation for this property in Conceição e Cabanas de Tavira. This assessment is consistent with the condition and amenities provided.
Fair value modelled at €333,931 from 6 comparable sales in the area. Asking €360,000 sits €26,069 (7.8%) above — overpriced versus fair value.
Asking €360,000 versus the Conceição e Cabanas de Tavira, Tavira, Faro area baseline of €279,643 (€2,913/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €279,643, adjusted for condition and micro-location, gives a modelled fair value of €333,931 (€3,478/m²), a €26,069 (7.8%) gap versus the €360,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Conceição e Cabanas de Tavira · e54cf8 | Subject | €360,000 | €3,750 | — | 76 | 59 |
| Conceição e Cabanas de Tavira · e8353f | Active | €325,000 | €3,095 | 17.5% | 71 | 64 |
| rua Guilherme Camacho, 10N | Active | €340,000 | €3,469 | 7.5% | 74 | 60 |
| rua Tuberária Major S / N | Active | €450,000 | €4,245 | 13.2% | 75 | 71 |
| Tavira (Santa Maria e Santiago) · 65a682 | Active | €240,000 | €3,692 | 1.5% | 70 | 62 |
| Median comp | €332,500 | €3,581 | 4.5% | 73 | 63 |
Long-term rental The property in Conceição e Cabanas de Tavira offers a gross yield of 3.5%, which aligns with the market expectations for this category. Given its fair valuation and average neighborhood rating of 59/100, it represents a stable, but not exceptional, long-term rental opportunity. Short-term vacation rental While the Algarve's appeal can attract short-term guests, the property’s condition rating of 77/100 suggests it may need some enhancements to compete successfully in this market. With a fair value assessment and a slight price gap, this property presents an opportunity for modest returns in the vacation rental sector without assuming significant risk. Not ideal for luxury market This property’s average neighborhood rating and fair valuation indicate it is not positioned to attract the luxury market clientele, limiting its potential in this segment. As such, it would be prudent to avoid this strategy in favor of more suitable options. Not ideal for student housing With the rural setting impacting employment opportunities and amenities, this property is not suitable for the student housing market. Its average neighborhood ratings further emphasize the diminished likelihood of attracting this demographic effectively.
Economic Vulnerability There is a risk associated with the property's economic stability score of 55/100, indicating susceptibility to downturns that could affect rental income.
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