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.
2-bedroom, 1-bathroom house of 107 m², built in 2020, energy rating B. Located Santa Catarina da Fonte do Bispo parish, Tavira municipality, Faro district. Noteworthy Features: This property boasts a rooftop terrace with panoramic sea and countryside views, along with a jacuzzi on the outdoor terrace for luxurious relaxation.
The valuation. The asking price of €385,000 is significantly above the fair value of €308,122, indicating the property is overpriced by €76,878 (20.0%). This raises concerns about the potential for capital appreciation over time.
Fair value modelled at €308,122 from the area baseline, adjusted for condition and location. Asking €385,000 sits €76,878 (20.0%) above — overpriced versus fair value.
Asking €385,000 versus the Santa Catarina da Fonte do Bispo, Tavira, Faro area baseline of €248,240 (€2,320/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 74 · Materials 78 · Room dimensions 77). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 63/100 (Housing Market 60 · Amenities 65 · Economic 55 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Santa Catarina da Fonte do Bispo, Tavira, Faro
Area baseline €248,240 + condition +€2,173 + location +€15,123 = modelled fair value of €308,122 (€2,880/m²), a €76,878 (20.0%) gap versus the €385,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Catarina da Fonte do Bispo · 735624 | Subject | €385,000 | €3,598 | — | 74 | 63 |
| rua 1° de Maio | Active | €395,000 | €2,724 | 24.3% | 73 | 61 |
| Santa Catarina da Fonte do Bispo · 82c6ff | Active | €985,000 | €3,316 | 7.8% | 76 | 64 |
| estrada Sem Nome, 270 | Active | €750,000 | €3,000 | 16.6% | — | 64 |
| Santa Catarina da Fonte do Bispo · 956858 | Active | €839,000 | €5,747 | 59.7% | 80 | 52 |
| Median comp | €794,500 | €3,158 | 12.2% | 76 | 63 |
Long-term rental The current asking price of €385,000 for the property reflects a significant 20.0% gap above its fair value of €308,122, making it a potentially poor investment for long-term rental as the yield of 2.6% is less attractive. While the lower crime rate is a positive aspect of the Algarve, the average quality of local schools may limit tenant demand. Short-term vacation rental Investing in a short-term vacation rental at this price point appears unwise, given the property's fair value and the fact that it is overpriced by 20.0%. The higher expenses associated with maintaining a vacation rental may not be mitigated by demand in an area where amenities are average. Buy-and-hold With the current market price surpassing its fair value by 20.0%, buying this property for long-term appreciation does not seem beneficial, particularly when considering the current gross yield of only 2.6%. The local housing market dynamics in Tavira indicate that future value increases may be constrained by the average neighborhood amenities. Not ideal for: Student housing, Luxury market, Industrial use
Economic Vulnerability With an economic stability score of 55/100, there’s a risk of fluctuations in market conditions potentially impacting rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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