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.
0-bedroom, 1-bathroom country_house of 525 m², energy rating E. Located Luz de Tavira e Santo Estévão parish, Tavira municipality, Faro district. Unique Feature: The estate includes a traditional old waterwheel, enhancing its historical charm and offering opportunities for integration into future landscaping projects. Zoning Potential: Nestled in a prime location, the property offers expansive space for development amidst avocado orchards and natural greenery.
The valuation. The asking price of €2,500,000 is significantly above the fair value of €1,840,982, indicating an overvaluation of €659,018 (26.4%). This premium pricing does not align with the property's true market potential.
Fair value modelled at €1,840,982 from the area baseline, adjusted for condition and location. Asking €2,500,000 sits €659,018 (26.4%) above — overpriced versus fair value.
Asking €2,500,000 versus the Luz de Tavira e Santo Estévão, Tavira, Faro area baseline of €1,663,725 (€3,169/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 (Condition 60 · Materials 55 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 64/100 (Housing Market 75 · Amenities 65 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Luz de Tavira e Santo Estévão, Tavira, Faro
Area baseline €1,663,725 + condition -€168,164 + location +€106,546 = modelled fair value of €1,840,982 (€3,507/m²), a €659,018 (26.4%) gap versus the €2,500,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Luz de Tavira e Santo Estévão · 483dde | Subject | €2,500,000 | €4,762 | — | 60 | 64 |
| Moncarapacho e Fuseta · 6fbdc3 | Active | €650,000 | €2,708 | 43.1% | 70 | 67 |
| Luz de Tavira e Santo Estévão · 001a0b | Active | €440,000 | €3,793 | 20.3% | 58 | 60 |
| Moncarapacho e Fuseta · b45349 | Active | €475,000 | €6,985 | 46.7% | 73 | 61 |
| Moncarapacho e Fuseta · b7c070 | Active | €198,000 | €1,817 | 61.9% | — | 73 |
| Median comp | €457,500 | €3,251 | 31.7% | 70 | 64 |
Short-term vacation rental The property is positioned in a tourism-driven area, but its current price of €2,500,000 reflects a 26.4% premium over the fair value of €1,840,982, making it a less attractive investment. With a gross yield of 0% and a condition rating of 55/100, the financials do not support profitability in the short-term rental market. Family rental The property’s high listing price suggests it's not suited for the family rental market, where affordability is often a key factor. Given the fair value of €1,840,982, its current price creates a substantial gap that might deter potential long-term tenants. Buy-and-hold Investing in this property as a buy-and-hold strategy appears risky due to its overpriced nature, with a significant gap of 26.4% from fair market value. The neighborhood ratings of 64/100 indicate modest potential, but combined with the property’s condition score and zero yield, it does not justify the premium being asked.
Economic Vulnerability The economic stability score of 55/100 indicates potential fluctuations in market conditions that could impact property values and rental income.
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