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, 2-bathroom townhouse of 87 m², built in 1937, energy rating D. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: This townhouse features traditional hydraulic floors and a private terrace with ample space for outdoor gatherings, enhancing its charm and functionality in the heart of Tavira.
The valuation. The asking price of €595,000 is significantly above the fair value of €333,647, creating a discrepancy of €261,353 (43.9%). This property is overpriced and may not attract buyers seeking value.
Fair value modelled at €333,647 from the area baseline, adjusted for condition and location. Asking €595,000 sits €261,353 (43.9%) above — overpriced versus fair value.
Asking €595,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €275,703 (€3,169/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 61/100 (Housing Market 70 · Amenities 65 · Economic 55 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
Tavira (Santa Maria e Santiago), Tavira, Faro
Area baseline €275,703 + condition +€4,486 + location +€13,873 = modelled fair value of €333,647 (€3,835/m²), a €261,353 (43.9%) gap versus the €595,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · 6ebb92 | Subject | €595,000 | €6,839 | — | 75 | 61 |
| praça da República | Active | €535,000 | €8,231 | 20.3% | 80 | 73 |
| rua das Freiras, 51 | Active | €497,000 | €4,438 | 35.1% | 70 | 70 |
| Santa Luzia · f35f0b | Active | €295,000 | €4,214 | 38.4% | 75 | 63 |
| Santa Luzia · f35f9b | Active | €295,000 | €4,214 | 38.4% | 73 | 67 |
| Median comp | €396,000 | €4,326 | 36.7% | 74 | 69 |
Short-term vacation rental The property’s pricing at €595,000, significantly above the fair value of €333,647, suggests that returns on short-term vacation rentals may not be sustainable in the current market climate. With a low gross yield of 2.7%, the financial pressure from the high acquisition cost could limit profitability in this popular tourist region. Buy-and-hold At €595,000, the townhouse is priced 43.9% higher than its fair value, which diminishes the investment case for a buy-and-hold strategy. The combination of an inadequate yield and a less desirable neighbourhood score of 61/100 further undermines the potential for long-term appreciation. Value-add renovation Although renovations could potentially improve the property's condition rating of 78/100, the current asking price of €595,000 still indicates a significant overvaluation compared to the fair value of €333,647. Consequently, the potential increased value after renovations may not justify the investment risk at this inflated entry point.
Tenant turnover risk Given both the economic stability and tenant stability scores of 55/100, there is a heightened risk of tenant turnover that could impact rental income consistency and lead to increased vacancy periods.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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