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 75 m², energy rating A. Located Conceição e Cabanas de Tavira parish, Tavira municipality, Faro district. Noteworthy Features: This apartment includes elegant black-framed sliding glass doors that open directly to a premium pool area, enhancing indoor-outdoor living. Condition: Move-in ready with high-quality modern finishes.
The valuation. The asking price of €420,000 is notably above the fair value of €314,543, indicating an overvaluation of €105,457 (33.5%). This suggests that the property is overpriced in the current market conditions.
Fair value modelled at €314,543 from 6 comparable sales in the area. Asking €420,000 sits €105,457 (33.5%) above — overpriced versus fair value.
Asking €420,000 versus the Conceição e Cabanas de Tavira, Tavira, Faro area baseline of €254,113 (€3,388/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 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 €254,113, adjusted for condition and micro-location, gives a modelled fair value of €314,543 (€4,194/m²), a €105,457 (33.5%) gap versus the €420,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Conceição e Cabanas de Tavira · 0acdd6 | Subject | €420,000 | €5,600 | — | 89 | 60 |
| Conceição e Cabanas de Tavira · 7ca8d6 | Active | €420,000 | €7,636 | 36.4% | 80 | 70 |
| Tavira (Santa Maria e Santiago) · 3df546 | Active | €410,000 | €6,406 | 14.4% | 80 | 73 |
| Conceição e Cabanas de Tavira · 07f921 | Active | €439,000 | €4,221 | 24.6% | 75 | 57 |
| Tavira (Santa Maria e Santiago) · 828f66 | Active | €485,000 | €3,849 | 31.3% | 85 | 61 |
| Median comp | €429,500 | €5,314 | 5.1% | 80 | 66 |
Short-term vacation rental This 2-bed apartment in Tavira is currently overpriced at €420,000, which is 33.5% above its fair value of €314,543. Given the yield of only 3% gross and a neighbourhood score of 60/100, potential returns in the short-term vacation rental market may not justify the investment. Buy-and-hold The buy-and-hold strategy for this property appears less advantageous due to its overpriced listing of €420,000, significantly exceeding the fair value of €314,543. With a modest gross yield of 3% and an average neighbourhood score, long-term appreciation prospects may not align with the premium price tag. Family rental Acquiring this apartment for family rental purposes may not be ideal given its current listing price of €420,000, which exceeds the fair value of €314,543 by 33.5%. The combination of low yield and mediocre neighbourhood rating raises concerns about maintaining occupancy and ensuring positive cash flow.
Economic and Tenant Instability The combined scores of 55/100 for both economic and tenant stability suggest a significant risk of fluctuating occupancy rates and potential income loss due to tenant turnover in the area.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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