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 house of 161 m², built in 2003, energy rating C. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: The townhouse boasts a generous rooftop terrace offering panoramic views over Tavira and the sea, ideal for sunset enjoyment, and a versatile basement adaptable for various uses.
The valuation. The asking price of €600,000 sits 16.0% below the fair value of €714,438, indicating that the property is underpriced compared to its market worth. This provides an attractive opportunity for potential investors.
Fair value modelled at €714,438 from 5 comparable sales in the area. Asking €600,000 sits €114,438 (16.0%) below — the upside to fair value.
Asking €600,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €615,234 (€3,821/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €615,234, adjusted for condition and micro-location, gives a modelled fair value of €714,438 (€4,438/m²), a €114,438 (16.0%) gap versus the €600,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · b32b76 | Subject | €600,000 | €3,727 | — | 75 | 70 |
| rua das Freiras, 51 | Active | €497,000 | €4,438 | 19.1% | 70 | 70 |
| praça da República | Active | €535,000 | €8,231 | 120.9% | 80 | 73 |
| Tavira (Santa Maria e Santiago) · 6ebb92 | Active | €595,000 | €6,839 | 83.5% | 75 | 61 |
| Tavira (Santa Maria e Santiago) · 38940b | Active | €440,000 | €3,860 | 3.6% | 74 | 70 |
| Median comp | €516,000 | €5,639 | 51.3% | 75 | 70 |
Long-term rental The property presents a favorable opportunity for long-term rental due to its attractive gross yield of 3.5% and the rising demand for stable housing in Tavira. The fair value of €714,438 suggests a considerable growth potential, further solidifying the investment's appeal. Short-term vacation rental Given the Eastern Algarve's tourism appeal, this 3-bed house can harness short-term vacation rental income, capitalizing on the peak tourist season to increase revenue. The valuation gap of 16.0% indicates that investors can enter this lucrative market while benefiting from the property's current pricing. Buy-and-hold Acquiring this property aligns with a buy-and-hold strategy, as it is priced below its fair market value while situated in an area with increasing tourist traffic and improved amenities during the season. The 80/100 condition score further supports long-term investment potential, making it an excellent asset to appreciate over time.
Economic vulnerability With an economic stability score of 60/100, there is a moderate risk of economic downturn affecting tenant demand and rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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