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 62 m², built in 1983, energy rating D. Located on rua José Joaquim Jara, 68, Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: The property includes a spacious attic with significant conversion potential and two independent entrances, enhancing its appeal for both personal use and investment opportunities.
The valuation. The asking price of €330,000 exceeds its fair value of €210,296 by €119,704, illustrating that the property is overpriced by 36.3%. This disparity suggests that potential buyers should approach with caution.
Fair value modelled at €210,296 from the area baseline, adjusted for condition and location. Asking €330,000 sits €119,704 (36.3%) above — overpriced versus fair value.
Asking €330,000 versus the rua José Joaquim Jara, 68 area baseline of €196,478 (€3,169/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 45/100 (Condition 48 · Materials 45 · Room dimensions 45). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 66/100 (Housing Market 70 · Amenities 65 · Economic 55 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua José Joaquim Jara, 68
Area baseline €196,478 + condition -€28,772 + location +€14,380 = modelled fair value of €210,296 (€3,392/m²), a €119,704 (36.3%) gap versus the €330,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua José Joaquim Jara, 68 | Subject | €330,000 | €5,323 | — | 48 | 66 |
| rua João Arias | Active | €525,000 | €3,723 | 30.0% | 28 | 65 |
| rua João Arias | Active | €525,000 | €3,723 | 30.0% | 30 | 61 |
| Santa Luzia · 4ba910 | Active | €310,000 | €3,523 | 33.8% | 62 | 57 |
| praça Histórica de Tavira | Active | €1,300,000 | €3,858 | 27.5% | — | 68 |
| Median comp | €525,000 | €3,723 | 30.1% | 30 | 63 |
Long-term rental This property, priced at €330,000, is significantly above its fair value of €210,296, indicating a 36.3% gap that suggests it is overpriced. The gross yield of 4% may not be sufficient to justify the elevated purchase price in a standard neighborhood with a moderately low condition rating of 45/100. Short-term vacation rental While Tavira attracts tourists and offers potential for short-term vacation rentals, the current listing price reflects an overvaluation at €330,000 compared to the fair value of €210,296. Investors should consider that the anticipated yield may not compensate for the substantial premium paid for the property, especially since it ranks at only 66/100 in neighborhood quality. Buy-and-hold Although holding properties in the Algarve may seem attractive, this 2-bed house is listed at €330,000, which is substantially over its fair value of €210,296. The combination of a lower condition score of 45/100 and a neighborhood score of 66/100 casts doubt on the long-term investment viability at such a high price. Not ideal for: This property is not suitable for student housing purposes due to limited nearby educational options that do not stand out. Additionally, it falls short of catering to the luxury market and lacks the essential features for potential industrial development.
Economic Volatility Risk The property has a low economic stability score of 55/100, indicating potential sensitivity to market fluctuations that could impact rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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