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, 3-bathroom house of 230 m², built in 2010, energy rating A. Located Luz de Tavira e Santo Estévão parish, Tavira municipality, Faro district. Noteworthy Features: The property boasts a spectacular 43.5 m² rooftop terrace with panoramic views over the Ria Formosa Natural Reserve and the Atlantic Ocean, enhancing outdoor living experiences.
The valuation. The asking price of €575,000 is significantly below the fair value of €841,985, indicating a discount of €266,985 (46.4%). This property is therefore perceived as underpriced. Buy-to-flip angle. A potential buy-to-flip strategy could involve renovating the property to enhance its appeal, after which it could be resold for a higher price, capitalizing on the estimated fair value. Buy-to-let angle. For a buy-to-let strategy, the estimated rental income of €1,821 per month translates to a gross yield of 3.8%, making it a viable option for long-term rental in a rural area reliant on tourism and agriculture.
Fair value modelled at €841,985 from the area baseline, adjusted for condition and location. Asking €575,000 sits €266,985 (46.4%) below — the upside to fair value.
Asking €575,000 versus the Luz de Tavira e Santo Estévão, Tavira, Faro area baseline of €728,870 (€3,169/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 80 · Room dimensions 74). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 52/100 (Housing Market 55 · Amenities 50 · Economic 48 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
Luz de Tavira e Santo Estévão, Tavira, Faro
Area baseline €728,870 + condition +€1,797 + location +€6,668 = modelled fair value of €841,985 (€3,661/m²), a €266,985 (46.4%) gap versus the €575,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Luz de Tavira e Santo Estévão · ba57fe | Subject | €575,000 | €2,500 | — | 72 | 52 |
| Luz de Tavira e Santo Estévão · 389d15 | Active | €1,499,000 | €3,578 | 43.1% | 74 | 58 |
| Luz de Tavira e Santo Estévão · 261f45 | Active | €1,399,000 | €3,347 | 33.9% | 80 | 52 |
| Luz de Tavira e Santo Estévão · 483dee | Active | €1,850,000 | €8,981 | 259.2% | 85 | 62 |
| autoestrada EM516 | Active | €375,000 | €3,099 | 24.0% | 80 | 63 |
| Median comp | €1,449,000 | €3,463 | 38.5% | 80 | 60 |
Long-term rental The property offers a strong long-term rental opportunity with a yield of 3.8%, which is appealing in the context of a rural area reliant on tourism and agriculture. Additionally, with a fair value of €841,985, there is a considerable gap of 46.4% that indicates potential for appreciation in the future. Family rental This 3-bed house could serve well as a family rental, providing spacious accommodation in a neighborhood with a moderate score of 52/100. Given its condition rating of 76/100, the property is likely to attract families looking for comfortable living in a rural setting, further highlighting its underpriced status compared to fair market value. Buy-and-hold Investing in this property as a buy-and-hold strategy would be advantageous given its current pricing below fair value, poised for long-term appreciation. With a gross yield of 3.8%, it presents a reasonable return while enjoying the benefits of future market growth in the Luz de Tavira e Santo Estévão area.
Economic Volatility Risk The economic stability score of 48/100 indicates a significant risk of fluctuations in the local economy that could negatively impact property value and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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