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.
4-bedroom, 4-bathroom house of 297 m², built in 2006, energy rating C. Located Santa Catarina da Fonte do Bispo parish, Tavira municipality, Faro district. Noteworthy Features: This property includes a converted double garage serving as an artist's studio and a separate annex with the potential for guest accommodation, enhancing its versatility and appeal.
The valuation. The asking price of €985,000 exceeds the fair value of €878,439 by €106,561 (10.8%), indicating the property is overpriced. This discrepancy suggests that potential buyers may need to negotiate significantly to reach a more realistic price.
Fair value modelled at €878,439 from the area baseline, adjusted for condition and location. Asking €985,000 sits €106,561 (10.8%) above — overpriced versus fair value.
Asking €985,000 versus the Santa Catarina da Fonte do Bispo, Tavira, Faro area baseline of €807,246 (€2,718/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 76 · Materials 85 · Room dimensions 79). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 64/100 (Housing Market 70 · Amenities 65 · Economic 55 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Santa Catarina da Fonte do Bispo, Tavira, Faro
Area baseline €807,246 + condition +€25,987 + location +€45,206 = modelled fair value of €878,439 (€2,958/m²), a €106,561 (10.8%) gap versus the €985,000 asking price.
Short-term vacation rental The property is overpriced at €985,000, with a fair value of €878,439 indicating a 10.8% gap that diminishes its potential for attractive short-term returns. With a gross yield of 0%, this investment strategy may not generate the desired income in a high-touristic appeal area like Algarve. Long-term rental Currently listed at €985,000, the property's fair value of €878,439 suggests an overpriced status that makes it less compelling for a long-term rental strategy, as the yield stands at 0%. The neighborhood's rating of 64/100 further indicates potential challenges in maintaining a competitive rental market. Buy-and-hold With the property priced at €985,000, a fair value of €878,439 highlights that the investment is overpriced by 10.8%, impacting potential capital appreciation over time. Given the condition rating of 81/100, while somewhat favorable, the current pricing may not yield suitable long-term returns for a buy-and-hold strategy.
Economic Vulnerability The property's economic stability score of 55/100 indicates a potential risk due to fluctuations in the local economy that could affect rental income.
