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, 1-bathroom country_house of 144 m², built in 2005, energy rating D. Located on autoestrada M1341, Luz de Tavira e Santo Estévão parish, Tavira municipality, Faro district. This property boasts extensive land with numerous income-generating fruit and nut trees, providing excellent agricultural potential and sustainability options for future owners.
The valuation. The asking price of €540,000 exceeds the fair value of €373,980 by €166,020 (30.7%), indicating that the property is overpriced. Pricing it at €3,750/m², it significantly deviates from market expectations.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| autoestrada M1341 | Subject | €540,000 | €3,750 | — | — | 60 |
| Luz de Tavira e Santo Estévão · 001a0b | Active | €440,000 | €3,793 | 1.1% | 58 | 60 |
| Luz de Tavira e Santo Estévão · 6eba10 | Active | €650,000 | €5,417 | 44.4% | 45 | 60 |
| Luz de Tavira e Santo Estévão · 483dde | Active | €2,500,000 | €4,762 | 27.0% | 60 | 64 |
| rua Amaro Gonçalves, 2 | Active | €179,000 | €1,201 | 68.0% | — | 63 |
| Median comp | €545,000 | €4,278 | 14.1% | 58 | 62 |
Short-term vacation rental The property, priced at €540,000 with a gross yield of 3.2%, is not well-positioned for a short-term vacation rental strategy considering its significant overvaluation of 30.7% against the fair value of €373,980. This gap limits potential profitability and raises concerns about the sustainability of rental income in a competitive market. Long-term rental With a fair value of €373,980, the current listing price suggests that the property is overpriced for long-term rental purposes, making the 3.2% gross yield unappealing. Investors may find it challenging to justify the purchase price in a rapidly fluctuating rental market where tenant quality and location appeal play critical roles. Value-add renovation While there might be potential for value-add renovation in this property, the considerable overpricing of €540,000 compared to the fair value of €373,980 creates a substantial financial risk for investors. Significant renovation costs combined with the need to first bridge the valuation gap would likely deter prudent investment decisions in an already competitive property market.
Moderate Economic and Tenant Stability Risk With both economic and tenant stability scores at 60/100, there is a heightened risk of potential fluctuations in rental income and occupancy rates due to lack of strong market fundamentals.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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