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, 3-bathroom house of 183 m², built in 1988, energy rating F. Located on autoestrada N270, 395, Luz de Tavira e Santo Estévão parish, Tavira municipality, Faro district. Noteworthy Features: The property boasts a large terrace on the first floor with stunning views of the countryside and sea, and a uniquely shaped pool that enhances outdoor aesthetics.
The valuation. The asking price of €549,000 is €61,317 or 10.0% below the fair value of €610,317, placing this property at a fair valuation in the current market.
Fair value modelled at €610,317 from 6 comparable sales in the area. Asking €549,000 sits €61,317 (10.0%) below — the upside to fair value.
Asking €549,000 versus the autoestrada N270, 395 area baseline of €479,816 (€2,622/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 €479,816, adjusted for condition and micro-location, gives a modelled fair value of €610,317 (€3,335/m²), a €61,317 (10.0%) gap versus the €549,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| autoestrada N270, 395 | Subject | €549,000 | €3,000 | — | 74 | 60 |
| Luz de Tavira e Santo Estévão · 388dd8 | Active | €1,100,000 | €3,022 | 0.7% | 59 | 61 |
| Luz de Tavira e Santo Estévão · e40aa2 | Active | €990,000 | €3,225 | 7.5% | 65 | 60 |
| Luz de Tavira e Santo Estévão · 4b8e43 | Active | €410,000 | €3,445 | 14.8% | 60 | 51 |
| Luz de Tavira e Santo Estévão · 28bc7a | Active | €1,300,000 | €2,653 | 11.6% | 69 | 57 |
| Median comp | €1,045,000 | €3,124 | 4.1% | 63 | 59 |
Short-term vacation rental The property is well-situated in the tourist-centric Algarve region, making it a potential option for short-term vacation rentals, but the current yield of 3.2% indicates limited profitability in this strategy. With a fair value gap of 10.0%, this investment aligns closely with market expectations and does not present an opportunity for significant upside. Buy-and-hold This property, listed at €549,000, fits into a stable market tied to tourism, making it a reasonable long-term buy-and-hold investment, although the fair valuation suggests no immediate price appreciation opportunity. The overall condition rating of 77/100 supports its potential for steady rental income without extensive immediate repairs needed. Family rental While this property could serve as a family rental due to its size and decent condition, its yield of 3.2% reveals that it may not provide an attractive investment in terms of cash flow for families seeking affordable housing options. Additionally, the neighbourhood rating of 60/100 suggests that it may not appeal strongly to families prioritizing community amenities and space.
Market volatility risk With both the economic and tenant stability scores at 55/100, there is a heightened risk of market fluctuations negatively impacting property value and rental income stability.
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