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, 2-bathroom apartment of 86 m², energy rating G. Located on rua Alto do Cano, 1, Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. This apartment includes a spacious 54 m² private courtyard, perfect for outdoor entertaining or gardening, enhancing the living experience beyond the interior space.
The valuation. The asking price of €425,000 is substantially above the fair value of €345,344, representing an excess of €79,656 (23.1%). This property is therefore considered overpriced. Buy-to-flip angle. The strategy would involve rehabbing the property for a quick flip, targeting a resale price significantly above the €425,000 asking price in a strong tourist market. Buy-to-let angle. A gross yield of 3% suggests monthly rental income of approximately €1,062, ideal for short-term vacation rentals, given Tavira's appeal to seasonal tourists.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Alto do Cano, 1 | Subject | €425,000 | €4,942 | — | — | 64 |
| rua António Silva, 13 | Active | €198,000 | €4,125 | 16.5% | 68 | 60 |
| rua 25 de Abril | Active | €250,000 | €3,906 | 21.0% | 52 | 62 |
| rua António Pinheiro, 3 | Active | €198,000 | €3,094 | 37.4% | 62 | 75 |
| Tavira (Santa Maria e Santiago) · b7b80b | Active | €175,000 | €5,000 | 1.2% | 65 | 64 |
| Median comp | €198,000 | €4,016 | 18.7% | 64 | 63 |
Short-term vacation rental This 1-bed apartment in Tavira is overpriced by 23.1% compared to its fair value, limiting its attractiveness for short-term vacation rental strategies. With a gross yield of only 3% and a poor condition rating of 0/100, it does not meet the essential criteria for profitable short-term rental operations. Buy-and-hold Investing in this 1-bed apartment for a buy-and-hold strategy poses significant risk, as its current price is 23.1% above fair value. The neighborhood rating of 64/100 indicates potential but does not justify the premium being asked for this property. Family rental As a family rental, this apartment falls short due to its 23.1% premium over fair value and a troubling condition score of 0/100. Families typically seek well-maintained properties at reasonable prices, making this overpriced apartment an unsuitable option for long-term rental commitments.
Economic and Tenant Uncertainty: With both economic stability and tenant stability scores at 60/100, there is a significant risk of fluctuations in rental income and potential vacancies, impacting overall investment returns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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