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, 0-bathroom house of 253 m². Located Santa Catarina da Fonte do Bispo parish, Tavira municipality, Faro district. Location: The ruins are situated in the heart of Santa Catarina da Fonte do Bispo, surrounded by traditional houses and cobblestone streets, enhancing local charm and accessibility to amenities.
The valuation. The asking price of €162,000 is significantly below fair value by €296,207 (182.8%), indicating that this property is underpriced in the current market. It presents an opportunity for value appreciation and a favorable investment outlook.
Fair value modelled at €458,207 from the area baseline, adjusted for condition and location. Asking €162,000 sits €296,207 (182.8%) below — the upside to fair value.
Asking €162,000 versus the Santa Catarina da Fonte do Bispo, Tavira, Faro area baseline of €586,960 (€2,320/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 10/100 (Condition 5 · Materials 8 · Room dimensions 15). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 60/100 (Housing Market 70 · Amenities 60 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Santa Catarina da Fonte do Bispo, Tavira, Faro
Area baseline €586,960 + condition -€256,953 + location +€27,506 = modelled fair value of €458,207 (€1,811/m²), a €296,207 (182.8%) gap versus the €162,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Catarina da Fonte do Bispo · 91123f | Subject | €162,000 | €640 | — | — | 60 |
| Santa Catarina da Fonte do Bispo · e40ab5 | Active | €120,000 | €839 | 31.1% | 12 | 58 |
| Santa Catarina da Fonte do Bispo · e40a98 | Active | €120,000 | €727 | 13.6% | — | 70 |
| estrada Sem Nome, 270 | Active | €750,000 | €3,000 | 368.5% | — | 64 |
| rua 1° de Maio | Active | €395,000 | €2,724 | 325.4% | 73 | 61 |
| Median comp | €257,500 | €1,782 | 178.2% | 43 | 63 |
Short-term vacation rental Given its proximity to the Algarve and a strong gross yield of 14.4%, this property is well-positioned to capitalize on the seasonal tourism market. The difference between the listing price of €162,000 and the fair value of €458,207 indicates significant upside potential for short-term rental income. Buy-and-hold Investing in this property offers a unique opportunity to benefit from long-term appreciation as the local economy grows and tourism continues to thrive. With a gross yield of 14.4% against a fair value gap of 182.8%, this property can generate substantial returns over time. Family rental While the property is in fair condition at a rating of 10/100, its strategic location in Tavira makes it viable for family rentals, providing consistent cash flow through long-term leasing. The substantial fair value gap suggests that once the property is upgraded, it could attract quality tenants in a seasonal market. Not ideal for: Student housing, Luxury market, Industrial use Due to the property’s condition and market dynamics, it is not suitable for student housing or luxury markets, which require higher standards and amenities. Additionally, the property does not align with industrial use given its residential nature and location within a tourist-centric community.
Economic Vulnerability With an economic stability score of 50/100, there is a heightened risk of economic decline affecting rental demand and property values.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
