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 60 m², energy rating G. Located on rua Poeta Emiliano da Costa, 104, Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: The property includes potential for outdoor space creation, allowing for a patio or terrace that could enhance the usable area and appeal post-renovation.
The valuation. The asking price of €198,000 sits slightly below the fair value of €201,492, making it underpriced by €3,492 (1.8%). This presents a favorable opportunity for potential investors. Buy-to-flip angle. The strategy for resale focuses on enhancing the property’s appeal through minor renovations and updates, aiming for a quick flip once market conditions are favorable. Buy-to-let angle. With an estimated gross yield of 6.7% at approximately €1,106/month, the property offers solid potential for long-term rental income, capitalizing on the area's tourist-driven demand.
Fair value modelled at €201,492 from the area baseline, adjusted for condition and location. Asking €198,000 sits €3,492 (1.8%) below — the upside to fair value.
Asking €198,000 versus the rua Poeta Emiliano da Costa, 104 area baseline of €217,440 (€3,624/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 45/100 (Condition 40 · Materials 45 · Room dimensions 55). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 64/100 (Housing Market 70 · Amenities 65 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Poeta Emiliano da Costa, 104
Area baseline €217,440 + condition -€28,125 + location +€12,177 = modelled fair value of €201,492 (€3,358/m²), a €3,492 (1.8%) gap versus the €198,000 asking price.
Long-term rental This property, with a gross yield of 6.7%, is well-positioned for long-term rentals in Tavira, appealing to both locals and seasonal workers. Its proximity to Albufeira enhances its attractiveness in a tourist-centric economy, suggesting steady rental demand. Short-term vacation rental With its favorable location in the Algarve and a fair value only slightly above the listing price, this property can capitalize on the region's booming short-term rental market. The strong yield of 6.7% positions it as a potentially lucrative option for short-term vacation rentals throughout the tourist season. Buy-and-hold Given the modest gap from fair value at 1.8%, this property represents a viable buy-and-hold opportunity, especially in a tourist region like Tavira. Its potential for appreciation, along with consistent rental income, makes it an attractive addition to a long-term investment strategy.
Economic and Tenant Instability Risk A combined economic score of 60 and tenant stability score of 60 indicates a higher likelihood of fluctuations in income and occupancy rates, which could affect cash flow stability.
