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, 0-bathroom house of 194 m², built in 2024. Located on rua Capitão Jorge Ribeiro, 145, Santa Luzia parish, Tavira municipality, Faro district. This property features two pleasant patios and a spacious rooftop terrace with stunning views over Ria Formosa, enhancing outdoor living and relaxation opportunities.
The valuation. The asking price of €1,250,000 sits significantly above its fair value of €333,060, indicating it is overpriced by €916,940 or 73.4%. Investors should approach this property with caution due to its inflated pricing.
Fair value modelled at €333,060 from the area baseline, adjusted for condition and location. Asking €1,250,000 sits €916,940 (73.4%) above — overpriced versus fair value.
Asking €1,250,000 versus the rua Capitão Jorge Ribeiro, 145 area baseline of €741,468 (€3,822/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 74 · Materials 79 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 61/100 (Housing Market 70 · Amenities 60 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Capitão Jorge Ribeiro, 145
Area baseline €741,468 + condition +€4,547 + location +€13,845 = modelled fair value of €333,060 (€1,717/m²), a €916,940 (73.4%) gap versus the €1,250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Capitão Jorge Ribeiro, 145 | Subject | €1,250,000 | €6,443 | — | 74 | 61 |
| rua das Freiras, 51 | Active | €497,000 | €4,438 | 31.1% | 70 | 70 |
| praça da República | Active | €535,000 | €8,231 | 27.7% | 80 | 73 |
| Tavira (Santa Maria e Santiago) · 38940b | Active | €440,000 | €3,860 | 40.1% | 74 | 70 |
| rua Combatentes da Grande Guerra | Active | €999,000 | €4,420 | 31.4% | 60 | 65 |
| Median comp | €516,000 | €4,429 | 31.3% | 72 | 70 |
Short-term vacation rental The property’s pricing significantly exceeds fair value by 73.4%, making it a poor candidate for short-term vacation rentals given the 2.3% gross yield and an average neighborhood score of 61/100. With a fair market evaluation of only €333,060, there are more financially sound alternatives available in the Algarve region. Long-term rental With rental yield at a mere 2.3% and a significant gap of 73.4% from fair value, investing in this property for long-term rental is likely to yield disappointing returns. The neighborhood rating of 61/100 further indicates potential difficulties in attracting reliable long-term tenants at this price point.
Economic Vulnerability The economic stability score of 55 indicates a potentially unstable market, which may affect rental income consistency and property value.
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