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, 4-bathroom house of 248 m², energy rating A. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: The property boasts a seamless indoor-outdoor living experience with sliding glass doors opening to a landscaped patio, enhancing both entertainment options and natural light throughout the home.
The valuation. The asking price of €1,089,000 is €102,506 (10.4%) above the fair value of €986,494. This indicates a fair valuation for the property in the current market. Buy-to-flip angle. A resale strategy focusing on high-demand features such as modern finishes can yield profit, particularly catering to the vacation rental market. With an ideal renovation timeline, quick turnaround on sales is feasible. Buy-to-let angle. With an estimated rental income of €1,815/month, this property offers a gross yield of 2%. Capitalizing on Tavira’s tourist appeal ensures steady rental demand, especially for vacation stays.
Fair value modelled at €986,494 from 6 comparable sales in the area. Asking €1,089,000 sits €102,506 (10.4%) above — overpriced versus fair value.
Asking €1,089,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €721,816 (€2,911/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €721,816, adjusted for condition and micro-location, gives a modelled fair value of €986,494 (€3,978/m²), a €102,506 (10.4%) gap versus the €1,089,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · 86cb7a | Subject | €1,089,000 | €4,391 | — | 82 | 61 |
| rua Capitão Jorge Ribeiro, 145 | Active | €1,250,000 | €6,219 | 41.6% | 82 | 63 |
| rua 1º de Maio | Active | €495,000 | €5,440 | 23.9% | 74 | 64 |
| urbanização Quinta das Salinas | Active | €745,000 | €4,027 | 8.3% | 80 | 63 |
| Tavira (Santa Maria e Santiago) · d74976 | Active | €1,100,000 | €3,929 | 10.5% | — | 66 |
| Median comp | €922,500 | €4,734 | 7.8% | 80 | 64 |
Short-term vacation rental The property presents a relatively low yield of 2% gross, indicating that it may not maximize returns in the competitive tourist market of the Algarve. While the neighborhood has basic commercial amenities, its 61/100 rating suggests limited appeal for attracting high-end vacationers. Buy-and-hold With a fair value gap of 10.4%, this property may not be the optimal choice for long-term appreciation given its current pricing aligns closely with market value. Investors should consider other opportunities that offer better growth potential within the housing market. Family rental Despite a decent condition rating of 85/100, the family rental strategy faces challenges, considering the lower tenant quality reflected in the neighborhood's 61/100 score. The dependence on tourism may limit stable, long-term rental demand from families seeking consistency in their living environment.
Tenant turnover risk The tenant stability score of 55/100 indicates a higher likelihood of tenant turnover, potentially increasing vacancy rates and associated costs over time.
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