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, 1-bathroom house of 113 m², energy rating E. Located Santa Luzia parish, Tavira municipality, Faro district. Noteworthy Features: The property includes a substantial, private outdoor space suitable for potential garden enhancements or leisure activities, and it's situated within walking distance of local amenities and beaches.
The valuation. The asking price of €270,000 sits significantly above the fair value of €155,275, creating a gap of €114,725 (42.5%). This property is considered overpriced.
Fair value modelled at €155,275 from the area baseline, adjusted for condition and location. Asking €270,000 sits €114,725 (42.5%) above — overpriced versus fair value.
Asking €270,000 versus the Santa Luzia, Tavira, Faro area baseline of €431,886 (€3,822/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 50/100 (Condition 55 · Materials 50 · Room dimensions 55). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 72/100 (Housing Market 80 · Amenities 70 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Santa Luzia, Tavira, Faro
Area baseline €431,886 + condition -€44,141 + location +€16,129 = modelled fair value of €155,275 (€1,374/m²), a €114,725 (42.5%) gap versus the €270,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Luzia · cfe1cd | Subject | €270,000 | €2,389 | — | 55 | 72 |
| Tavira (Santa Maria e Santiago) · 82c629 | Active | €850,000 | €3,617 | 51.4% | 62 | 60 |
| Tavira (Santa Maria e Santiago) · 96c107 | Active | €750,000 | €2,679 | 12.1% | 65 | 63 |
| rua Poeta Emiliano da Costa, 104 | Active | €198,000 | €3,300 | 38.1% | 40 | 64 |
| Santa Luzia · 4ba910 | Active | €310,000 | €3,523 | 47.4% | 62 | 57 |
| Median comp | €530,000 | €3,412 | 42.8% | 62 | 62 |
Short-term vacation rental The property is overpriced at €270,000 compared to a fair value of €155,275, representing a 42.5% gap. Even with a gross yield of 8.7%, the high entry price diminishes the potential for a profitable short-term rental investment. Long-term rental Although the property boasts an 8.7% gross yield, its selling price significantly surpasses the fair value, indicating it is overpriced at €270,000. This pricing will likely restrain the cash flow potential and long-term investment performance. Buy-and-hold The current listing at €270,000 is not aligned with the estimated fair value of €155,275, resulting in a 42.5% overvaluation. Despite the promising characteristics of the Algarve region, this property’s high price reduces the appeal of a buy-and-hold strategy due to constrained future capital appreciation potential.
Economic Vulnerability The property's economic stability score of 60/100 suggests heightened risk, indicating potential fluctuations in market demand that could affect rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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