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 country_estate of 133 m², built in 2008, energy rating B. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. This property features a spacious kitchen with direct access to a large terrace equipped for barbecuing, perfect for outdoor entertaining all year round.
The valuation. The asking price of €590,000 is above the fair value of €553,260 by €36,740 (6.6%). The property is valued at a fair price, indicating a balanced investment opportunity. Buy-to-flip angle. The buy-to-flip strategy could capitalize on the property's high-quality finishes, allowing for potential renovations and quick resale in a tourist-driven market. Aiming for a higher resale price than €590,000 could yield significant profits. Buy-to-let angle. With a gross yield of 2.8% and an estimated rental income of €1,377 per month, the rental strategy can generate steady cash flow. This property suits both short-term vacation rentals and long-term leases, appealing to a mixed neighborhood.
Fair value modelled at €553,260 from 6 comparable sales in the area. Asking €590,000 sits €36,740 (6.6%) above — overpriced versus fair value.
Asking €590,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €445,694 (€3,351/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 €445,694, adjusted for condition and micro-location, gives a modelled fair value of €553,260 (€4,160/m²), a €36,740 (6.6%) gap versus the €590,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · 15e35d | Subject | €590,000 | €4,436 | — | 72 | 60 |
| Tavira (Santa Maria e Santiago) · 86cb7a | Active | €1,089,000 | €4,391 | 1.0% | 82 | 61 |
| Tavira (Santa Maria e Santiago) · 62743a | Active | €1,345,000 | €5,675 | 27.9% | 79 | 63 |
| rua Eduardo Vilhena Guerreiro S / N | Active | €975,000 | €3,839 | 13.5% | 78 | 60 |
| Tavira (Santa Maria e Santiago) · d74976 | Active | €1,100,000 | €3,929 | 11.4% | — | 66 |
| Median comp | €1,094,500 | €4,160 | 6.2% | 79 | 62 |
Short-term vacation rental The property offers a moderate gross yield of 2.8%, indicating it could generate reasonable short-term rental income in the tourist-frequented Algarve region. However, with a listed price of €590,000, slightly above the fair value of €553,260, it suggests the investment potential might be limited given current market conditions. Long-term rental With a condition rating of 77/100, the property is in decent shape for long-term rental, appealing to tenants looking for a country estate experience. Nonetheless, the current asking price, 6.6% higher than its fair value of €553,260, raises concerns about achieving optimum rental yield in a more competitive market. Buy-and-hold Given the fair condition and moderate neighborhood score, this property can offer reliable long-term asset appreciation over time. However, the current price tag exceeding fair value means that potential buyers should be cautious about entry points for a buy-and-hold strategy, as more advantageous deals may exist in the market.
Economic Risk Given the economic stability score of 50/100, there is a significant risk that local economic downturns could negatively affect property values 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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