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.
5-bedroom, 3-bathroom country_house of 364 m², energy rating F. Located Luz de Tavira e Santo Estévão parish, Tavira municipality, Faro district. This property features a legalized water well with a 200m depth and automated irrigation system, enhancing its agricultural potential with diverse fruit trees and vineyards for wine production.
The valuation. The property is listed at €1,100,000, which is €196,415 (17.9%) below its fair value of €1,296,415. This indicates the asking price is underpriced compared to its true market worth.
Fair value modelled at €1,296,415 from the area baseline, adjusted for condition and location. Asking €1,100,000 sits €196,415 (17.9%) below — the upside to fair value.
Asking €1,100,000 versus the Luz de Tavira e Santo Estévão, Tavira, Faro area baseline of €1,153,516 (€3,169/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 61/100 (Condition 59 · Materials 62 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 61/100 (Housing Market 70 · Amenities 55 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Luz de Tavira e Santo Estévão, Tavira, Faro
Area baseline €1,153,516 + condition -€80,763 + location +€58,042 = modelled fair value of €1,296,415 (€3,562/m²), a €196,415 (17.9%) gap versus the €1,100,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Luz de Tavira e Santo Estévão · 388dd8 | Subject | €1,100,000 | €3,022 | — | 59 | 61 |
| autoestrada EM516 | Active | €375,000 | €3,099 | 2.6% | 80 | 63 |
| autoestrada EM516 | Active | €375,000 | €3,099 | 2.6% | 75 | 66 |
| Luz de Tavira e Santo Estévão · 28bc7a | Active | €1,300,000 | €2,653 | 12.2% | 69 | 57 |
| Luz de Tavira e Santo Estévão · 4b8e43 | Active | €410,000 | €3,445 | 14.0% | 60 | 51 |
| Median comp | €392,500 | €3,099 | 2.5% | 72 | 60 |
Long-term rental This property could serve as a stable long-term investment, with a fair value that exceeds its listing price by 17.9%. However, its 0% gross yield indicates that it may require further investment to enhance rental viability in the area. Short-term vacation rental Given the attractive location in Algarve, the property could benefit from the short-term vacation rental market, appealing to seasonal tourists. While currently underpriced, the declining condition rating of 61/100 suggests that renovations will be necessary to maximize rental returns. Buy-and-hold As a buy-and-hold strategy, this property offers potential for considerable appreciation, aligned with its valuation gap indicating it is currently underpriced. Nevertheless, prospective owners should factor in renovations to improve the condition and local neighborhood reputation to ensure long-term value appreciation.
Economic and Tenant Instability Risk: With both economic and tenant stability scores at 60/100, there is a heightened risk of fluctuations in rental income and potential vacancies due to uncertain market conditions.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
