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.
3-bedroom, 2-bathroom apartment of 102 m² on the 2nd floor, built in 1979, energy rating C. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. This apartment features a sunroom that enhances natural light throughout, and the balcony provides breathtaking panoramic views of Tavira and the sea, perfect for sunset enjoyment.
The asking price of €345,000 is above our assessed fair value of €283,000, indicating a medium confidence in this appraisal. The gap between fair value and asking price is €62,000, reflecting a 17.9% downside versus the asking price.
The fair value of this property is assessed using a combination of the Transaction model and the Adjusted asking-price model. The Transaction model, which accounts for 55% of the fair value, is based on real transaction data from 101 recorded sales in the Tavira area. The Adjusted asking-price model, making up the remaining 45%, uses current listings with adjustments to reflect a sale-level perspective. For this property, no conservative adjustments were applied. As a result, the fair value is determined to be €283,000, indicating that the asking price is above the fair value by €62,000, or 17.9%. Confidence in this valuation is medium.
Gross yield 5.3% (before costs)
Negotiation room: Negotiation context: asking prices in this municipality run about 26% above what similar homes actually sell for, so there is usually room to negotiate
This 3-bed apartment in Tavira offers an estimated gross yield of 5.3%, which is favorable compared to the national average and suggests potential for reliable rental income. However, the asking price of €345,000 is above the fair value of €283,000, reflecting a downside of 17.9% against the asking price; this indicates that the property may be overvalued in the current market context. Given the local trend where asking prices tend to exceed actual transaction values by around 26%, there is potential for negotiation. However, the medium confidence in this assessment suggests caution for investors considering the current conditions.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk With both economic stability and tenant stability scores at 50/100, there is a significant risk that the market may be volatile, potentially affecting rental income and occupancy rates negatively. Fair value certainty risk Given that the valuation is at a fair value of €283,000 with medium confidence, there is a risk that the actual market conditions may lead to discrepancies in the perceived value of the property due to the lack of available transaction micro-location data.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
No confirmed issues.
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Models 3.4.3 (Data quality v3 · Valuation v4.2 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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