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, 3-bathroom house of 337 m², built in 1980, energy rating E. Located on praça Histórica de Tavira, Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Unique Opportunity: This property features a versatile commercial space on the ground floor with high visibility, perfect for entrepreneurs, alongside expansive terraces providing a tranquil retreat in the heart of Tavira.
The valuation. The asking price of €1,300,000 is significantly above the fair value of €1,156,990, representing an overpricing of €143,010 (11.0%). This suggests the property does not provide a favorable entry point for potential investors.
Fair value modelled at €1,156,990 from the area baseline, adjusted for condition and location. Asking €1,300,000 sits €143,010 (11.0%) above — overpriced versus fair value.
Asking €1,300,000 versus the praça Histórica de Tavira area baseline of €1,067,953 (€3,169/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 62 · Materials 70 · Room dimensions 69). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 46/100 (Housing Market 40 · Amenities 45 · Economic 35 · Tenant Quality 65). Softer demand indicators apply a discount to baseline.
praça Histórica de Tavira
Area baseline €1,067,953 + condition -€44,758 + location -€19,541 = modelled fair value of €1,156,990 (€3,433/m²), a €143,010 (11.0%) gap versus the €1,300,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praça Histórica de Tavira | Subject | €1,300,000 | €3,858 | — | 62 | 46 |
| rua Pereiro, 1 | Active | €499,000 | €1,996 | 48.3% | — | 68 |
| rua das Freiras, 51 | Active | €497,000 | €4,438 | 15.0% | 70 | 70 |
| Vila Nova de Cacela · 0dcf5b | Active | €466,000 | €3,641 | 5.6% | 72 | 64 |
| Moncarapacho e Fuseta · 96c413 | Active | €850,000 | €5,782 | 49.9% | 65 | 67 |
| Median comp | €498,000 | €4,040 | 4.7% | 70 | 68 |
Long-term rental The property is overpriced at €1,300,000, which is 11.0% above the fair value of €1,156,990. With a gross yield of 0% and a neighborhood rating of 46/100, long-term rental potential is severely limited in this predominantly rural area. Family rental While the property could theoretically cater to families, its overpriced status at €1,300,000 undermines any competitive advantage. The lack of amenities and a neighborhood rating of 46/100 further restricts its appeal for family rentals, making it a less than ideal investment. Not ideal for short-term vacation rental Due to its overpriced valuation and a low neighborhood rating of 46/100, the property is not suitable for short-term vacation rentals. The limited urban infrastructure and amenities in the predominantly rural setting hinder its attractiveness to tourists. Not ideal for student housing The property, priced at €1,300,000, is too expensive and not aligned with the needs of student housing. With a neighborhood rating of 46/100 and inadequate amenities, it fails to offer an appealing environment for students.
Economic Vulnerability The low economic stability score of 35/100 suggests potential risks of fluctuating market conditions that could affect tenant retention and property valuation negatively.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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