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, 2-bathroom house of 115 m², built in 1937, energy rating E. Located on rua Capitão Jorge Ribeiro, Santa Luzia parish, Tavira municipality, Faro district. Noteworthy Features: The property boasts a private courtyard ideal for entertaining and a rooftop terrace offering picturesque views of the Ria Formosa, enhancing outdoor living opportunities.
The valuation. The asking price of €595,000 significantly exceeds the fair value of €173,616, resulting in a disparity of €421,384 (70.8%). Therefore, this property is overpriced and fails to present a sound investment opportunity.
Fair value modelled at €173,616 from the area baseline, adjusted for condition and location. Asking €595,000 sits €421,384 (70.8%) above — overpriced versus fair value.
Asking €595,000 versus the rua Capitão Jorge Ribeiro area baseline of €439,530 (€3,822/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 (Condition 65 · Materials 60 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 64/100 (Housing Market 70 · Amenities 60 · Economic 65 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Capitão Jorge Ribeiro
Area baseline €439,530 + condition -€23,359 + location +€10,446 = modelled fair value of €173,616 (€1,510/m²), a €421,384 (70.8%) gap versus the €595,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Capitão Jorge Ribeiro | Subject | €595,000 | €5,174 | — | 65 | 64 |
| rua das Olarias | Active | €995,000 | €5,888 | 13.8% | 70 | 63 |
| rua das Freiras, 51 | Active | €497,000 | €4,438 | 14.2% | 70 | 70 |
| Tavira (Santa Maria e Santiago) · 6ebb92 | Active | €595,000 | €6,839 | 32.2% | 75 | 61 |
| Luz de Tavira e Santo Estévão · 6eba10 | Active | €650,000 | €5,417 | 4.7% | 45 | 60 |
| Median comp | €622,500 | €5,653 | 9.2% | 70 | 62 |
Short-term vacation rental The property is overpriced at €595,000, with a significant gap of 70.8% compared to its fair value of €173,616. With a gross yield of only 4.3%, it may struggle to generate sufficient short-term rental returns due to its high acquisition cost. Long-term rental Given its overpriced listing, the potential for long-term rental income is hindered, especially considering the fair value of €173,616. A gross yield of 4.3% does not compensate for the significant cost, making it a less attractive option for long-term investments. Buy-and-hold As an investment for the buy-and-hold strategy, this property appears overpriced, substantially exceeding its fair value of €173,616 by 70.8%. The current yield of 4.3% and a condition score of 62/100 suggest that holding this property may not yield favorable returns over time.
Economic Vulnerability The economic stability score of 65/100 suggests that the local economy may face challenges, which could impact tenant retention reflected in the tenant stability score of 60/100.
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
