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, 2-bathroom house of 112 m², built in 2008, energy rating D. Located on rua das Freiras, 51, Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: This property boasts a charming rooftop terrace with scenic views of the surrounding salt flats and offers potential for a versatile attic space, enhancing its living possibilities.
The valuation. The asking price of €497,000 is significantly above the fair value of €437,484, creating a disparity of €59,516, or 12.0%. Verdict: overpriced.
Fair value modelled at €437,484 from the area baseline, adjusted for condition and location. Asking €497,000 sits €59,516 (12.0%) above — overpriced versus fair value.
Asking €497,000 versus the rua das Freiras, 51 area baseline of €354,928 (€3,169/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 70 · Materials 78 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua das Freiras, 51
Area baseline €354,928 + condition -€875 + location +€32,471 = modelled fair value of €437,484 (€3,906/m²), a €59,516 (12.0%) gap versus the €497,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua das Freiras, 51 | Subject | €497,000 | €4,438 | — | 70 | 70 |
| praça Histórica de Tavira | Active | €1,300,000 | €3,858 | 13.1% | — | 68 |
| Tavira (Santa Maria e Santiago) · 1e6605 | Active | €595,000 | €3,650 | 17.7% | 68 | 53 |
| Tavira (Santa Maria e Santiago) · 96c107 | Active | €750,000 | €2,679 | 39.6% | 65 | 63 |
| Santa Luzia · f35f9b | Active | €295,000 | €4,214 | 5.0% | 73 | 67 |
| Median comp | €672,500 | €3,754 | 15.4% | 68 | 65 |
Short-term vacation rental The property’s listing price is 12.0% above fair value, creating a significant barrier to securing a profitable short-term vacation rental strategy. With a gross yield of only 5% and a condition rating of 75/100, the return potential is diminished in a competitive market. Buy-and-hold As the property is overpriced at €497,000, the investment does not align with a prudent buy-and-hold strategy, as the expected appreciation may not offset the high initial cost. The fair value of €437,484 suggests that investors should reconsider whether this property can meet long-term growth expectations. Family rental The current valuation of the property is 12.0% above fair value, indicating an inflated price that could make securing reliable family rental tenants challenging. Coupled with a neighborhood rating of 70/100, this property falls short of ideal investment criteria for the family rental market.
Economic Vulnerability The economic stability score of 65/100 suggests potential volatility in the local economy that could impact property value and tenant retention.
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