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 131 m², built in 2003, energy rating C. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: The property's rooftop terrace offers expansive panoramic views of Tavira and the Atlantic Ocean, making it an ideal setting for entertaining or unwinding under the Algarve sun.
The valuation. The asking price of €420,000 is significantly below the fair value of €517,616, marking an underpriced opportunity by €97,616 (18.9%). Buy-to-flip angle. This property can be quickly flipped through value-add renovations and targeted marketing, catering to the high demand from tourists in the Algarve. Buy-to-let angle. With an estimated gross yield of 3.6%, generating about €1,260/month, the property offers solid rental income potential through short-term vacation rentals in a popular tourist area.
Fair value modelled at €517,616 from 6 comparable sales in the area. Asking €420,000 sits €97,616 (18.9%) below — the upside to fair value.
Asking €420,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €433,218 (€3,307/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 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 €433,218, adjusted for condition and micro-location, gives a modelled fair value of €517,616 (€3,951/m²), a €97,616 (18.9%) gap versus the €420,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · f5ec86 | Subject | €420,000 | €3,206 | — | 72 | 62 |
| Tavira (Santa Maria e Santiago) · ade568 | Active | €500,000 | €3,145 | 1.9% | 74 | 64 |
| rua das Freiras, 51 | Active | €497,000 | €4,438 | 38.4% | 70 | 70 |
| Tavira (Santa Maria e Santiago) · b327bc | Active | €380,000 | €4,176 | 30.2% | 70 | 59 |
| Tavira (Santa Maria e Santiago) · 1e6605 | Active | €595,000 | €3,650 | 13.9% | 68 | 53 |
| Median comp | €498,500 | €3,913 | 22.0% | 70 | 62 |
Short-term vacation rental This property, listed at €420,000, is underpriced compared to the fair value of €517,616, providing an attractive entry point for short-term vacation rental opportunities in a high-demand tourist area. With a gross yield of 3.6% and proximity to Algarve tourism hotspots, investors can capitalize on seasonal demand while benefiting from expected appreciation. Buy-and-hold The property’s fair value gap of 18.9% suggests strong potential for long-term capital appreciation, making it a strategic buy-and-hold investment in a desirable location like Tavira. With the enduring appeal of the Algarve region, this property can generate stable rental income while increasing in value over time. Value-add renovation Acquiring this property at €420,000, which is underpriced against its fair value, allows for the strategic implementation of value-add renovations to enhance both its condition and marketability. Investing in upgrades can not only improve tenant quality but also significantly boost rental yield and overall property value in the long-term market outlook.
Economic vulnerability The property faces a significant economic risk due to a low economic stability score of 50/100, indicating potential volatility in the local market that could affect rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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