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 169 m², built in 2019, energy rating E. Located on rua das Olarias, Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Unique Feature: This property includes three distinct living spaces—a one-bedroom apartment, a two-bedroom apartment, and a fully converted attic, enhancing its versatility as an investment or family home.
The valuation. The asking price of €995,000 sits €354,921 or 35.7% above the fair value of €640,079, indicating that this property is overpriced. This discrepancy will likely deter savvy investors looking for equitable returns.
Fair value modelled at €640,079 from the area baseline, adjusted for condition and location. Asking €995,000 sits €354,921 (35.7%) above — overpriced versus fair value.
Asking €995,000 versus the rua das Olarias area baseline of €535,561 (€3,169/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 70 · Materials 76 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 63/100 (Housing Market 70 · Amenities 60 · Economic 55 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua das Olarias
Area baseline €535,561 + condition -€4,225 + location +€31,848 = modelled fair value of €640,079 (€3,787/m²), a €354,921 (35.7%) gap versus the €995,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua das Olarias | Subject | €995,000 | €5,888 | — | 70 | 63 |
| Tavira (Santa Maria e Santiago) · 6ebb92 | Active | €595,000 | €6,839 | 16.2% | 75 | 61 |
| praça Histórica de Tavira | Active | €1,300,000 | €3,858 | 34.5% | — | 68 |
| rua das Freiras, 51 | Active | €497,000 | €4,438 | 24.6% | 70 | 70 |
| rua Sacadura Cabral, 8 | Active | €890,000 | €7,120 | 20.9% | 70 | 63 |
| Median comp | €742,500 | €5,639 | 4.2% | 70 | 66 |
Short-term vacation rental The property's current pricing appears misaligned with market expectations, as the fair value of €640,079 is significantly below the listing price of €995,000, resulting in a 35.7% overpricing. With a yield of just 2.2% gross, the investment potential for short-term rentals is diminished in this tourist-heavy Algarve area. Long-term rental Investing in long-term rentals at this pricing level is not advisable, given the substantial gap between the fair value and the current asking price of €995,000. At a gross yield of only 2.2%, the financial returns do not justify the investment in this overvalued property. Buy-and-hold The buy-and-hold strategy is undermined by the significant overvaluation of this listing, priced at €995,000 while its fair value stands at €640,079, equating to a 35.7% premium. Given the property’s poor yield of 2.2% and neighborhood ratings, potential appreciation seems unlikely in the current market condition.
Weak Economic Base The economic stability score of 55 indicates a potential risk of insufficient local economic growth, which may lead to fluctuating tenant demand and increased vacancy rates in the future.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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