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.
6-bedroom, 4-bathroom house of 226 m², energy rating D. Located on rua Detrás dos Álamos, Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: This property boasts a spacious private patio with a barbecue area, ideal for alfresco dining, and includes a versatile external annex that enhances its functionality.
The valuation. The asking price of €999,000 is significantly above the fair value of €805,840, creating a gap of €193,160 (19.3%). This property is considered overpriced given the disparity between its market listing and estimated worth.
Fair value modelled at €805,840 from the area baseline, adjusted for condition and location. Asking €999,000 sits €193,160 (19.3%) above — overpriced versus fair value.
Asking €999,000 versus the rua Detrás dos Álamos area baseline of €716,194 (€3,169/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 (Condition 62 · Materials 67 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 56/100 (Housing Market 50 · Amenities 60 · Economic 45 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Detrás dos Álamos
Area baseline €716,194 + condition -€32,841 + location +€19,657 = modelled fair value of €805,840 (€3,566/m²), a €193,160 (19.3%) gap versus the €999,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Detrás dos Álamos | Subject | €999,000 | €4,420 | — | 62 | 56 |
| acesso por Duas Ru | Active | €999,000 | €5,741 | 29.9% | 70 | 57 |
| praça Histórica de Tavira | Active | €1,300,000 | €3,858 | 12.7% | — | 68 |
| Tavira (Santa Maria e Santiago) · 1e6605 | Active | €595,000 | €3,650 | 17.4% | 68 | 53 |
| rua das Freiras, 51 | Active | €497,000 | €4,438 | 0.4% | 70 | 70 |
| Median comp | €797,000 | €4,148 | 6.2% | 70 | 63 |
Short-term vacation rental The property’s gross yield of 2.7% indicates a less attractive return on investment for short-term rental purposes, especially when compared to the significant gap of 19.3% above fair value. Given the area’s moderate confidence in tourism, the demand may not justify the current price point. Buy-and-hold With a fair value of €805,840 and the current listing at €999,000, this investment presents a notable risk due to its 19.3% premium over fair value. The combination of a relatively low yield and an average neighborhood rating of 56/100 suggests that long-term holding at this price may not yield favorable outcomes. Family rental Although the property could potentially attract families, the current valuation exceeding fair value by 19.3% limits its appeal for family rental investments. The low condition score of 66/100 further exacerbates concerns about desirability in a competitive rental market, leaving this option less favorable at the current price. Not ideal for: Student housing, Luxury market, Value-add renovation This property is ill-suited for student housing, as well as the luxury market, due to its condition and neighborhood ratings. The potential for a value-add renovation is also diminished given the significant premium over fair value that makes additional investment less viable.
Economic Vulnerability The property is exposed to significant economic risk due to a low economic stability score of 45/100, which could impact tenant retention and rental income.
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