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 159 m², built in 1937. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: The property includes three private terraces, providing ample outdoor space to enjoy the Algarve climate, and a versatile attic that can be transformed for various uses.
The valuation. The asking price of €500,000 is significantly below its fair value of €687,817, indicating a difference of €187,817 (27.3%). Verdict: underpriced.
Fair value modelled at €687,817 from 6 comparable sales in the area. Asking €500,000 sits €187,817 (27.3%) below — the upside to fair value.
Asking €500,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €559,143 (€3,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €559,143, adjusted for condition and micro-location, gives a modelled fair value of €687,817 (€4,326/m²), a €187,817 (27.3%) gap versus the €500,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · ade568 | Subject | €500,000 | €3,145 | — | 74 | 64 |
| Santa Luzia · f35f9b | Active | €295,000 | €4,214 | 34.0% | 73 | 67 |
| rua das Freiras, 51 | Active | €497,000 | €4,438 | 41.1% | 70 | 70 |
| rua Sacadura Cabral, 8 | Active | €890,000 | €7,120 | 126.4% | 70 | 63 |
| Tavira (Santa Maria e Santiago) · b32b76 | Active | €600,000 | €3,727 | 18.5% | 75 | 70 |
| Median comp | €548,500 | €4,326 | 37.6% | 72 | 69 |
Short-term vacation rental This 2-bed house in Tavira is well-positioned for short-term vacation rentals due to the Algarve's high tourist demand, with a fair value exceeding the listing price by 27.3%. The property's gross yield of 4% reflects the potential for strong rental income in this seasonal market. Long-term rental Given the fair value of €687,817, this property presents a compelling option for long-term rental, particularly in a location that draws a stable tenant mix. The average condition score of 77/100 indicates the home is in good shape, appealing to long-term tenants seeking quality residences in the Algarve. Family rental This property can cater well to families looking to establish roots in Tavira, especially as it is situated in a neighbourhood that offers adequate amenities and a decent housing market. With its fair value considerably above the listing price, the 2-bed house represents a desirable option for families seeking a comfortable living space in a tourist-attractive area.
Economic Vulnerability The economic stability score of 55/100 indicates a potential risk of declining property values due to economic factors that could lead to tenant turnover and vacancy.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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