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 91 m², built in 1976, energy rating D. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. This villa features a private 24 m² terrace in the attic, perfect for soaking up the Algarve sun, and is part of the extensive Pedras da Rainha Resort amenities.
The valuation. The asking price of €380,000 sits slightly below the fair value of €393,656, representing a modest difference of €13,656 (3.5%). Overall, this property is evaluated as fair.
Fair value modelled at €393,656 from 6 comparable sales in the area. Asking €380,000 sits €13,656 (3.5%) below — the upside to fair value.
Asking €380,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €370,523 (€4,072/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 is above the parish average, lifting 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 €370,523, adjusted for condition and micro-location, gives a modelled fair value of €393,656 (€4,326/m²), a €13,656 (3.5%) gap versus the €380,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · b327bc | Subject | €380,000 | €4,176 | — | 70 | 59 |
| Tavira (Santa Maria e Santiago) · 1e6605 | Active | €595,000 | €3,650 | 12.6% | 68 | 53 |
| rua das Freiras, 51 | Active | €497,000 | €4,438 | 6.3% | 70 | 70 |
| praça Histórica de Tavira | Active | €1,300,000 | €3,858 | 7.6% | — | 68 |
| rua Capitão Jorge Ribeiro | Active | €595,000 | €5,174 | 23.9% | 65 | 64 |
| Median comp | €595,000 | €4,148 | 0.7% | 68 | 66 |
Long-term rental This property offers a gross yield of 4.3%, making it a reasonable option for long-term rental in Tavira, where the population density is lower. However, with a fair value slightly above the listing price, the investment does not present significant profit potential in the current market. Buy-and-hold Positioned in a neighbourhood with a fair rating of 59/100, this 2-bed house is suitable for a buy-and-hold strategy, yet the overall property condition rating of 68/100 suggests maintenance will be necessary. The minimal 3.5% gap from fair value indicates that potential appreciation may be limited in the near future. Value-add renovation Considering the property’s condition score of 68/100, a value-add renovation strategy could enhance its appeal and justify higher rental rates. However, given that the property is fairly priced at €380,000, the returns on renovation may face limitations due to its proximity to the fair value threshold.
Low Economic Stability Risk There is a significant risk due to the low economic stability score of 45/100, which may affect the property's long-term value and rental demand in the area.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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