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.
1-bedroom, 1-bathroom house of 125 m². Located Santa Catarina da Fonte do Bispo parish, Tavira municipality, Faro district. Noteworthy Features: The expansive 1,410 m² land offers ample opportunity for creating a Mediterranean garden or vegetable plot, complementing the panoramic views of the Algarve mountains. Condition Notes: Significant state of disrepair due to overgrown vegetation and structural damage, necessitating renovation. Ideal For: Investors seeking a project in a tranquil natural setting with proximity to local amenities.
The valuation. The asking price of €110,000 is significantly below the fair value of €244,860, sitting at a staggering 122.6% underpricing. This property is an exceptional opportunity for investors seeking value.
Fair value modelled at €244,860 from the area baseline, adjusted for condition and location. Asking €110,000 sits €134,860 (122.6%) below — the upside to fair value.
Asking €110,000 versus the Santa Catarina da Fonte do Bispo, Tavira, Faro area baseline of €339,750 (€2,718/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 13/100 (Condition 10 · Materials 15 · Room dimensions 10). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 75 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Santa Catarina da Fonte do Bispo, Tavira, Faro
Area baseline €339,750 + condition -€122,070 + location +€27,180 = modelled fair value of €244,860 (€1,959/m²), a €134,860 (122.6%) gap versus the €110,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Catarina da Fonte do Bispo · 65a7dd | Subject | €110,000 | €880 | — | — | 70 |
| Santa Catarina da Fonte do Bispo · e40a98 | Active | €120,000 | €727 | 17.4% | — | 70 |
| Santa Catarina da Fonte do Bispo · 6fbc4d | Active | €150,000 | €1,351 | 53.6% | 12 | 63 |
| Santa Catarina da Fonte do Bispo · e40ab5 | Active | €120,000 | €839 | 4.6% | 12 | 58 |
| Moncarapacho e Fuseta · cfdc40 | Active | €150,000 | €938 | 6.5% | 12 | 62 |
| Median comp | €135,000 | €889 | 1.0% | 12 | 63 |
Short-term vacation rental This property, priced at €110,000, presents a significant opportunity for short-term vacation rentals in the tourist-friendly Algarve region, with a fair value of €244,860, indicating it is underpriced by 122.6%. However, the property's condition rating of 13/100 suggests that substantial renovations are required to meet the expectations of vacation rental guests. Buy-and-hold Investing in this property as a buy-and-hold asset is bolstered by its favorable position in Tavira's market, where property values are significantly higher than the current listing price of €110,000 compared to a fair value of €244,860. This gap signals a potential for appreciation, despite the necessary upgrades to enhance its livability and appeal. Long-term rental Given its current asking price, this property is a viable long-term rental investment, with the fair market value indicating a solid equity upside. However, the zero gross yield and poor condition necessitate immediate action to improve the property before securing reliable tenants. Not ideal for student housing The characteristics of this property do not lend themselves to student housing, particularly due to its current condition and lack of amenities that are typically attractive to students. Additionally, the low yield and necessary renovations overshadow any potential benefits in this housing segment. Not ideal for industrial investment Pursuing industrial investment in this property is not advisable, as its residential zoning and coastal location do not complement industrial use. Moreover, the low condition score further limits its appeal for any industrial adaptations.
Economic Dependency Risk: With both economic stability and tenant stability scores at 65/100, there is heightened vulnerability to market fluctuations that could impact rental income.
