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 house of 91 m², built in 2016, energy rating B. Located on rua 1º de Maio, Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: This property uniquely features a traditional ‘Salamandra’ fireplace, enhancing the cozy atmosphere, and desirable wooden ceilings that lend warmth and character throughout the home.
The valuation. The asking price of €495,000 sits €144,615 (29.2%) above the fair value of €350,385, indicating that the property is overpriced. Investors should exercise caution when considering this property in their portfolio.
Fair value modelled at €350,385 from the area baseline, adjusted for condition and location. Asking €495,000 sits €144,615 (29.2%) above — overpriced versus fair value.
Asking €495,000 versus the rua 1º de Maio area baseline of €288,379 (€3,169/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 74 · Materials 80 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 64/100 (Housing Market 70 · Amenities 65 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua 1º de Maio
Area baseline €288,379 + condition +€2,133 + location +€18,468 = modelled fair value of €350,385 (€3,850/m²), a €144,615 (29.2%) gap versus the €495,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua 1º de Maio | Subject | €495,000 | €5,440 | — | 74 | 64 |
| Tavira (Santa Maria e Santiago) · 38940b | Active | €440,000 | €3,860 | 29.0% | 74 | 70 |
| rua Sacadura Cabral, 8 | Active | €890,000 | €7,120 | 30.9% | 70 | 63 |
| rua Capitão Jorge Ribeiro, 145 | Active | €1,250,000 | €6,219 | 14.3% | 82 | 63 |
| praça da República | Active | €535,000 | €8,231 | 51.3% | 80 | 73 |
| Median comp | €712,500 | €6,670 | 22.6% | 77 | 67 |
Short-term vacation rental The property is at €495,000, significantly above the fair value of €350,385, posing a 29.2% gap that indicates it is overpriced. With a gross yield of 3.4%, the financial returns from short-term rentals may not justify this high entry price in a market where tourism is prominent but depends on competitive pricing. Long-term rental At a listing price of €495,000, the property fails to align with its fair value of €350,385 and is therefore overpriced by 29.2%. With a gross yield of 3.4%, long-term rental prospects seem limited, especially given the just average neighborhood rating of 64/100, which may hinder rental demand. Buy-and-hold This property, priced at €495,000, is overpriced compared to the fair value of €350,385, with a notable gap of 29.2%. Despite tourism being an economic driver, the low gross yield of 3.4% coupled with the 77/100 condition suggests that this buy-and-hold strategy may not yield the desired appreciation or stable returns over time.
Economic Sensitivity The property might be vulnerable to economic downturns due to a moderate economic stability score of 60/100, which could affect tenant retention and rental income.
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