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 241 m², built in 2018, energy rating A. Located on rua de Setor Estêvão, Luz de Tavira e Santo Estévão parish, Tavira municipality, Faro district. Notable Features: The property's rooftop terrace offers stunning sea views and an inviting space for outdoor entertaining, while the basement features a versatile, multi-purpose area complete with a bar and kitchen.
The valuation. The asking price of €595,000 is significantly below the fair value of €803,751, marking a potential discount of €208,751 (26.0%). This presents an attractive opportunity for investors looking for underpriced properties.
Fair value modelled at €803,751 from 6 comparable sales in the area. Asking €595,000 sits €208,751 (26.0%) below — the upside to fair value.
Asking €595,000 versus the rua de Setor Estêvão area baseline of €774,624 (€3,214/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 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 €774,624, adjusted for condition and micro-location, gives a modelled fair value of €803,751 (€3,335/m²), a €208,751 (26.0%) gap versus the €595,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Setor Estêvão | Subject | €595,000 | €2,469 | — | 70 | 50 |
| Luz de Tavira e Santo Estévão · 28baea | Active | €1,200,000 | €4,332 | 75.5% | 82 | 56 |
| Luz de Tavira e Santo Estévão · e40aa2 | Active | €990,000 | €3,225 | 30.6% | 65 | 60 |
| autoestrada M1339, 343 | Active | €425,000 | €2,640 | 6.9% | 74 | 71 |
| Luz de Tavira e Santo Estévão · 4b8e43 | Active | €410,000 | €3,445 | 39.6% | 60 | 51 |
| Median comp | €707,500 | €3,335 | 35.1% | 70 | 58 |
Long-term rental This property offers a reasonably strong yield of 5.8% gross, which is attractive for long-term rental investors seeking stability in their portfolio. With a fair value significantly exceeding the listing price, this property is an appealing opportunity for generating consistent cash flow. Family rental Given its ample space of 241m² and the proximity to rural attractions in Algarve, this property is well-suited for family rentals seeking room and comfort. The gap between the listing price and fair value highlights its attractiveness for families looking for a stable living environment.
Economic Vulnerability With an economic stability score of 50/100, the property is at risk for potential market downturns that could affect 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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