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.
4-bedroom, 3-bathroom house of 302 m², built in 2008, energy rating B. Located on rua Lareira de Troncos e Ar Condicionado Aquecimento Elétrico, Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. The top floor's flexible design allows for diverse uses, such as a yoga studio or games room, complemented by a sun-drenched roof terrace with expansive views over Tavira.
The valuation. The asking price of €590,000 is significantly below the fair value of €993,871, representing a discount of €403,871 (40.6%). The property is clearly underpriced relative to its true market value.
Fair value modelled at €993,871 from 6 comparable sales in the area. Asking €590,000 sits €403,871 (40.6%) below — the upside to fair value.
Asking €590,000 versus the rua Lareira de Troncos e Ar Condicionado Aquecimento Elétrico area baseline of €753,305 (€2,494/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €753,305, adjusted for condition and micro-location, gives a modelled fair value of €993,871 (€3,291/m²), a €403,871 (40.6%) gap versus the €590,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Lareira de Troncos e Ar Condicionado Aquecimento Elétrico | Subject | €590,000 | €1,954 | — | 74 | 54 |
| Tavira (Santa Maria e Santiago) · 19f795 | Active | €585,000 | €2,532 | 29.6% | 75 | 54 |
| Tavira (Santa Maria e Santiago) · 73547a | Active | €425,000 | €2,724 | 39.5% | 80 | 62 |
| praça Histórica de Tavira | Active | €1,300,000 | €3,858 | 97.5% | 62 | 46 |
| Tavira (Santa Maria e Santiago) · 001633 | Active | €1,200,000 | €4,211 | 115.5% | 62 | 60 |
| Median comp | €892,500 | €3,291 | 68.5% | 69 | 57 |
Long-term rental The current listing price of €590,000 presents an opportunity for long-term rental, with a fair value estimated at €993,871, indicating a potential upside of 40.6%. The location's rural Algarve setting may deter some tenants but could attract those seeking tranquility away from urban centers. Family rental With a substantial 4-bedroom layout and fair value significantly above the asking price, this property is positioned well for family rental, appealing to larger households. The decent condition rating of 77/100 suggests it requires minimal immediate investment to attract quality tenants looking for spacious living in a quieter neighborhood.
Economic Vulnerability The property faces increased investment risk due to a low economic stability score of 35/100, indicating potential challenges in the local economy that may impact rental income.
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