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, 1-bathroom country_house of 150 m². Located on rua Santo Estevao, 3, Luz de Tavira e Santo Estévão parish, Tavira municipality, Faro district. Noteworthy Features: The property includes a large outdoor space suitable for gardening or recreational activities, and it has potential for agricultural use given the surrounding rural landscape.
The valuation. The asking price of €350,000 sits significantly below the fair value of €500,260, representing a discount of €150,260 (30.0%). This property is therefore considered underpriced.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Santo Estevao, 3 | Subject | €350,000 | €2,333 | — | — | 62 |
| Luz de Tavira e Santo Estévão · e40aa2 | Active | €990,000 | €3,225 | 38.2% | 65 | 60 |
| Luz de Tavira e Santo Estévão · 4b8e43 | Active | €410,000 | €3,445 | 47.7% | 60 | 51 |
| autoestrada N270, 395 | Active | €549,000 | €3,000 | 28.6% | 74 | 60 |
| Luz de Tavira e Santo Estévão · 388dd8 | Active | €1,100,000 | €3,022 | 29.5% | 59 | 61 |
| Median comp | €769,500 | €3,124 | 33.9% | 63 | 60 |
Long-term rental This property provides an attractive long-term rental opportunity, especially with a fair value gap of 30.0% indicating a strong potential for appreciation. Although the gross yield of 3.9% reflects a moderate return, the property is located in a tourist-driven economy which can support stable tenant demand. Short-term vacation rental Given its location in the Algarve region near tourist hotspots, this property is well-positioned for short-term vacation rental success, capitalizing on seasonal demand. The fair value of €500,260 demonstrates a significant gap, suggesting that potential returns could be enhanced by leveraging the area's attraction to visitors. Not ideal for student housing The characteristics of this property and its location do not align well with the typical requirements for student housing, as it is situated in a tourism-driven economy rather than a university-rich environment. Consequently, targeting this demographic may not yield favorable results in terms of occupancy and return on investment.
[Economic Vulnerability] With an economic stability score of 55/100, there is a significant risk that local economic downturns may impact tenant retention and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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