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, 4-bathroom house of 285 m², built in 1990, energy rating E. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Unique Feature: This property includes 4,590 m² of mixed-use land, offering substantial opportunities for agricultural projects or recreational developments alongside residential living and commercial ventures.
The valuation. The asking price of €1,200,000 is significantly above the fair value of €1,028,286, resulting in a difference of €171,714 (14.3%). This property is considered overpriced.
Fair value modelled at €1,028,286 from the area baseline, adjusted for condition and location. Asking €1,200,000 sits €171,714 (14.3%) above — overpriced versus fair value.
Asking €1,200,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €1,032,840 (€3,624/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 62 · Materials 67 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 60/100 (Housing Market 70 · Amenities 60 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Tavira (Santa Maria e Santiago), Tavira, Faro
Area baseline €1,032,840 + condition -€45,867 + location +€41,314 = modelled fair value of €1,028,286 (€3,608/m²), a €171,714 (14.3%) gap versus the €1,200,000 asking price.
Short-term vacation rental The property is considered overpriced at €1,200,000, with a fair value of €1,028,286 representing a 14.3% gap, making it a less attractive investment for vacation rental purposes. Additionally, a gross yield of 0% suggests that the income potential does not justify the high asking price, especially in a competitive market. Long-term rental Given the property's high price tag of €1,200,000 compared to a fair value of €1,028,286, it is overpriced and likely to deter prospective long-term tenants due to affordability concerns. With a condition score of 65/100 and a neighborhood rating of 60/100, the property lacks the appeal that could attract reliable, long-term tenants at this price point. Buy-and-hold The buy-and-hold strategy is challenged by the current valuation of €1,200,000, which is significantly above the fair value of €1,028,286, indicating the property is overpriced. The absence of yield and average neighborhood ratings undermine the long-term appreciation potential, complicating the investment thesis further.
Market Volatility Risk The economic stability score of 50/100 indicates potential volatility in the local market, which may negatively affect tenant demand and rental income stability.