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 179 m², built in 1984, energy rating C. Located on rua José Oliveira, Santa Luzia parish, Tavira municipality, Faro district. Noteworthy Features: The townhouse includes a dedicated closed porch with an additional kitchen and bedroom, enhancing its versatile living space and investment potential in a prime location. Location Benefits: Just 750 m from the boat to Praia da Terra Estreita. Investment Appeal: The presence of an usufructuary adds a layer of security and guaranteed appreciation for the buyer.
The valuation. The asking price of €475,000 is significantly below the fair value of €769,358, indicating that the property is underpriced by €294,358 (38.3%). This presents a compelling opportunity for prospective investors. Buy-to-flip angle. With value-add renovation potential, the strategy can focus on improving the property’s condition to attract higher resale values. The goal would be to realize a profit within a short timeframe by flipping the property in a moderate market. Buy-to-let angle. The estimated rental income of €2,019/month supports a gross yield of 5.1%, making this a viable buy-to-let opportunity. Long-term rentals leverage the area's tourism economy while ensuring steady cash flow.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua José Oliveira | Subject | €475,000 | €2,654 | — | — | 58 |
| rua Combatentes da Grande Guerra | Active | €999,000 | €4,420 | 66.6% | 60 | 65 |
| Tavira (Santa Maria e Santiago) · 4392ba | Active | €999,000 | €5,741 | 116.4% | 62 | 60 |
| rua das Freiras, 51 | Active | €497,000 | €4,438 | 67.2% | 70 | 70 |
| Tavira (Santa Maria e Santiago) · 6a94a1 | Active | €855,000 | €3,519 | 32.6% | — | 62 |
| Median comp | €927,000 | €4,429 | 66.9% | 62 | 64 |
Long-term rental The property in Santa Luzia offers a gross yield of 5.1%, making it appealing for long-term rental strategies, particularly given the local demand driven by both tourism and a stable agricultural economy. With the property priced at €475,000, significantly below its fair value of €769,358, investors can capitalize on the existing rental market while enjoying a potential for capital appreciation. Buy-and-hold Acquiring this property under the fair value of €769,358 presents an excellent buy-and-hold opportunity in a moderately tourist-focused area of Tavira. The current listing price of €475,000 not only reflects a 38.3% gap from the fair value but also positions the investor to benefit from increasing demand in the neighborhood over time. Value-add renovation Investors can leverage the renovation potential of the property, currently rated 0/100 in condition, to significantly enhance its value over time. The market's recognition of this property priced at €475,000, far below its fair value of €769,358, presents a unique opportunity to add value and yield a high return on investment through targeted improvements.
Economic Reliance Risk The property has a low economic stability score of 50/100, indicating potential vulnerability to market fluctuations that could adversely affect rental income. Tenant Stability Risk With a tenant stability score of 60/100, there may be a higher likelihood of tenant turnover, posing risks to consistent revenue streams.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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