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, 1-bathroom townhouse of 74 m², energy rating E. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: This townhouse offers a private rooftop terrace with stunning views and a flexible attic room ideal for various uses, enhancing its charm and functionality in a historic setting.
The valuation. The asking price of €320,000 sits below the fair value of €334,165, reflecting a difference of €14,165 (4.2%). This property is fairly priced. Buy-to-flip angle. With a renovation strategy focusing on modernizing fixtures and finishes, there is potential for a profitable resale in a buoyant Tavira market. Target resale value could exceed €350,000. Buy-to-let angle. Aiming for a gross yield of 4.1% with an estimated rental income of €1,093/month positions this property well for long-term rental investments, especially given Tavira's tourist appeal.
Fair value modelled at €334,165 from 6 comparable sales in the area. Asking €320,000 sits €14,165 (4.2%) below — the upside to fair value.
Asking €320,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €349,921 (€4,729/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 52/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €349,921, adjusted for condition and micro-location, gives a modelled fair value of €334,165 (€4,516/m²), a €14,165 (4.2%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · 8ee7b0 | Subject | €320,000 | €4,324 | — | 58 | 74 |
| rua José Joaquim Jara, 68 | Active | €330,000 | €5,323 | 23.1% | 48 | 66 |
| praça Histórica de Tavira | Active | €1,300,000 | €3,858 | 10.8% | — | 68 |
| Santa Luzia · 911291 | Active | €400,000 | €5,195 | 20.1% | — | 70 |
| rua Capitão Jorge Ribeiro | Active | €595,000 | €5,174 | 19.6% | 65 | 64 |
| Median comp | €497,500 | €5,185 | 19.9% | 57 | 67 |
Long-term rental The property offers a competitive yield of 4.1%, which aligns with the average rental market in the area. However, its fair valuation indicates that there may not be significant upside potential for long-term investors looking for immediate returns. Short-term vacation rental With its proximity to tourist-friendly locales in Algarve, this townhouse could attract seasonal renters, contributing to a steady cash flow. Given the fair valuation, investors should proceed with caution, acknowledging that the property may not have room for price appreciation in the short term. Buy-and-hold This townhouse benefits from a desirable neighborhood rating of 74/100, which may support tenant demand over the long term. Nevertheless, its fair valuation suggests that long-term appreciation is limited, potentially affecting overall investment goals. Not ideal for The property is not well-suited for the luxury market, as the condition score of 52/100 indicates that significant improvements would be necessary to reach higher price points. Additionally, it lacks the features desirable for student housing and value-add renovation, limiting its attractiveness in those segments.
Economic Volatility Risk The economic stability score of 60/100 indicates potential fluctuations in local economic conditions that may impact rental demand or property values.
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