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, 2-bathroom house of 89 m², built in 2003, energy rating C. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. The property features a spacious outdoor barbecue area, perfect for enjoying Algarve's mild climate and entertaining guests.
The valuation. The asking price of €399,000 sits €36,751 (10.1%) above the fair value of €362,249. This reflects a valuation that is fair, given the quality of finishes and location dynamics.
Fair value modelled at €362,249 from 6 comparable sales in the area. Asking €399,000 sits €36,751 (10.1%) above — overpriced versus fair value.
Asking €399,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €291,536 (€3,276/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 €291,536, adjusted for condition and micro-location, gives a modelled fair value of €362,249 (€4,070/m²), a €36,751 (10.1%) gap versus the €399,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · a80a10 | Subject | €399,000 | €4,483 | — | 74 | 57 |
| Tavira (Santa Maria e Santiago) · 8313a7 | Active | €399,000 | €4,113 | 8.2% | 75 | 70 |
| Tavira (Santa Maria e Santiago) · 6ebb92 | Active | €595,000 | €6,839 | 52.6% | 75 | 61 |
| Tavira (Santa Maria e Santiago) · f5ec86 | Active | €420,000 | €3,206 | 28.5% | 72 | 62 |
| praça da República | Active | €535,000 | €8,231 | 83.6% | 80 | 73 |
| Median comp | €477,500 | €5,476 | 22.1% | 75 | 66 |
Long-term rental The property, listed at €399,000, has a fair value of €362,249, indicating it is fairly priced with a gap of 10.1%. With a gross yield of 3.4%, it provides a steady income potential, though the relatively low neighbourhood score of 57/100 suggests limited tenant attraction. Short-term vacation rental Despite being fairly valued, at €399,000, the property is unlikely to maximize its potential in the short-term vacation rental market due to its 3.4% gross yield and a neighborhood rating of 57/100. The appeal of the Algarve may attract tourists, but the rural location limits access to amenities that are crucial for short-term stays. Not ideal for student housing The 2-bed house in Tavira is fairly valued at €399,000, but its rural setting and low neighbourhood score (57/100) mean it is not a suitable investment for the student housing market. Furthermore, student housing typically thrives near universities and educational institutions, which this location lacks. Not ideal for luxury market Listing at €399,000, the property is fairly priced but does not meet the expectations of the luxury market, given its condition rating of 77/100 and the rural amenities. The appealing Algarve coastal area might enhance interest, but its location and quality are below what luxury buyers typically seek.
Potential Rent Default Risk Tenants are more likely to encounter financial difficulties with a tenant stability score of 60/100, which could impact rental income reliability, especially when juxtaposed with an economic stability score of only 50/100.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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