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.
6-bedroom, 4-bathroom house of 418 m², built in 1900, energy rating B. Located on alameda In, Luz de Tavira e Santo Estévão parish, Tavira municipality, Faro district. The property includes a fully equipped equestrian facility with a riding arena and the capacity for four horses, enhancing its unique potential for equestrian enthusiasts.
The valuation. The asking price of €1,399,000 sits €396,602 (22.1%) below the fair value of €1,795,602, indicating the property is underpriced. This discrepancy presents a favorable entry point for investors considering future appreciation.
Fair value modelled at €1,795,602 from 5 comparable sales in the area. Asking €1,399,000 sits €396,602 (22.1%) below — the upside to fair value.
Asking €1,399,000 versus the alameda In area baseline of €1,400,043 (€3,349/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €1,400,043, adjusted for condition and micro-location, gives a modelled fair value of €1,795,602 (€4,296/m²), a €396,602 (22.1%) gap versus the €1,399,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| alameda In | Subject | €1,399,000 | €3,347 | — | 75 | 63 |
| Luz de Tavira e Santo Estévão · 389d15 | Active | €1,499,000 | €3,578 | 6.9% | 74 | 58 |
| Luz de Tavira e Santo Estévão · be9121 | Active | €1,850,000 | €7,839 | 134.2% | 85 | 60 |
| praça da República | Active | €799,000 | €4,296 | 28.3% | 75 | 70 |
| Luz de Tavira e Santo Estévão · ba57fe | Active | €575,000 | €2,500 | 25.3% | 72 | 52 |
| Median comp | €1,149,000 | €3,937 | 17.6% | 75 | 59 |
Short-term vacation rental The property’s proximity to the Algarve enhances its appeal for short-term vacation rentals, catering to the increasing tourist influx in the region. With a fair value of €1,795,602 against a listing price of €1,399,000, the opportunity presents a 22.1% gap suggesting strong potential for short-term rental income. Long-term rental This 6-bed house offers ample space and reasonable condition, making it suitable for long-term rental tenants seeking larger accommodations. However, the gross yield currently stands at 0%, indicating the pricing may need reconsideration before committing to long-term tenancy agreements. Buy-and-hold Acquiring this property as a buy-and-hold strategy presents a compelling case given its subvalorizada status, with considerable scope for appreciation in value over time. The property’s good condition and favorable location position it well for long-term capital growth in the thriving Algarve market.
Economic Vulnerability The economic stability score of 55/100 indicates a potential for economic downturns affecting tenant demand and rental income.
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