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 duplex of 173 m². Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: The property includes two expansive terraces with an integrated barbecue and bread/pizza oven, enhancing outdoor living and entertaining options for residents. Additional Details: The ground floor bedroom offers versatile use as an office or guest room with direct terrace access.
The valuation. The asking price of €695,000 is €38,104 (5.5%) above the fair value of €656,896, indicating that the property is overpriced. This places it at a premium for the current market conditions in Tavira.
Fair value modelled at €656,896 from the area baseline, adjusted for condition and location. Asking €695,000 sits €38,104 (5.5%) above — overpriced versus fair value.
Asking €695,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €548,237 (€3,169/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 80 · Materials 78 · Room dimensions 72). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 60/100 (Housing Market 70 · Amenities 60 · 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 €548,237 + condition +€4,866 + location +€25,078 = modelled fair value of €656,896 (€3,797/m²), a €38,104 (5.5%) gap versus the €695,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · b7c28b | Subject | €695,000 | €4,017 | — | 80 | 60 |
| rua Engenheiro Técnico Agrário José Francisco Massapina Junior, 7 | Active | €490,000 | €3,798 | 5.4% | 75 | 57 |
| Santa Luzia · 82c6bf | Active | €650,000 | €4,924 | 22.6% | — | 65 |
| Tavira (Santa Maria e Santiago) · 25f70c | Active | €360,000 | €3,830 | 4.7% | 75 | 62 |
| Tavira (Santa Maria e Santiago) · 96c509 | Active | €390,000 | €3,980 | 0.9% | — | 73 |
| Median comp | €440,000 | €3,905 | 2.8% | 75 | 64 |
Short-term vacation rental The 2.2% gross yield and a market price of €695,000 suggest this property is not a lucrative option for short-term vacation rentals given its 5.5% premium over fair value. The location does attract tourists, but the investment is hampered by a disproportionate purchase price relative to expected returns. Buy-and-hold As an investment for buy-and-hold purposes, the property's 5.5% gap from fair value makes it an unfavorable choice, particularly given its yield of only 2.2%. The long-term appreciation potential may be limited due to its current overpricing, reducing expected returns on investment. Family rental With a current valuation that exceeds fair value by 5.5%, this property poses challenges for family rental scenarios, where affordability is crucial. Although the location has the requisite amenities, the high purchase price diminishes the attractiveness for long-term family tenants.
Economic and Tenant Instability Risk: With both economic and tenant stability scores at only 55/100, the property may face high turnover rates and unreliable rental income, posing a significant risk to investment returns.
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