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 89 m², energy rating F. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: This property boasts a spacious terrace with city views and the potential for conversion into two T1 apartments, enhancing its rental appeal.
The valuation. The asking price of €269,500 is underpriced by €43,041 (13.8%) compared to the fair value of €312,541. This presents a compelling opportunity for savvy investors looking for undervalued properties. Buy-to-flip angle. The strategy for resale involves renovations to modernize the basic and dated materials, potentially increasing the property's appeal and value significantly in a competitive market. A successful flip could leverage the area's seasonal tourism influence to maximize profits. Buy-to-let angle. With an estimated gross yield of 8.4%, this property offers a solid opportunity for rental income of approximately €1,886 per month. The buy-and-hold strategy would align well with the local tourism market, attracting seasonal renters.
Fair value modelled at €312,541 from 6 comparable sales in the area. Asking €269,500 sits €43,041 (13.8%) below — the upside to fair value.
Asking €269,500 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €328,187 (€3,687/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 35/100 is below the parish average, reducing 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 €328,187, adjusted for condition and micro-location, gives a modelled fair value of €312,541 (€3,512/m²), a €43,041 (13.8%) gap versus the €269,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · 19f5a1 | Subject | €269,500 | €3,028 | — | 30 | 58 |
| rua Poeta Emiliano da Costa, 104 | Active | €198,000 | €3,300 | 9.0% | 40 | 64 |
| Tavira (Santa Maria e Santiago) · 653059 | Active | €225,000 | €2,320 | 23.4% | 50 | 64 |
| Santa Luzia · cfe1cd | Active | €270,000 | €2,389 | 21.1% | 55 | 72 |
| Tavira (Santa Maria e Santiago) · 8ee7b0 | Active | €320,000 | €4,324 | 42.8% | 58 | 74 |
| Median comp | €247,500 | €2,845 | 6.1% | 53 | 68 |
Short-term vacation rental The property’s location in the seasonal tourism-heavy Algarve makes it an attractive option for short-term vacation rentals, offering a strong gross yield of 8.4%. Given its fair value of €312,541, the current listing price presents a strategic entry point for investors looking to capitalize on tourist influx throughout the year. Buy-and-hold The potential for appreciation in value, with a fair value gap of 13.8%, makes this property a solid choice for buy-and-hold investors. As Tavira continues to attract tourism, holding the asset could yield significant returns over time due to market growth. Family rental While primarily a tourist destination, the property may also appeal to families seeking medium to long-term rentals in a calmer environment outside the busier urban centers. The neighborhood's moderate score of 58/100 reflects a community suitable for stable rentals to families. Not ideal for Student housing and luxury markets remain inadequate options, as the property does not cater to the specific needs of these demographics and lacks the characteristics necessary to appeal to higher-paying tenants such as students or affluent individuals.
Economic Vulnerability The economic stability score of 50/100 indicates a significant risk of downturn, which could adversely affect property value and rental income.
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