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 €903,165 (€3,169/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 €903,165 + 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.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · 001633 | Subject | €1,200,000 | €4,211 | — | 62 | 60 |
| Vila Nova de Cacela · 0dcf5b | Active | €466,000 | €3,641 | 13.5% | 72 | 64 |
| praça Histórica de Tavira | Active | €1,300,000 | €3,858 | 8.4% | 62 | 46 |
| praça Histórica de Tavira | Active | €1,300,000 | €3,858 | 8.4% | — | 68 |
| urbanização Orlamar | Active | €650,000 | €5,702 | 35.4% | — | 54 |
| Median comp | €975,000 | €3,858 | 8.4% | 67 | 59 |
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.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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