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, 3-bathroom townhouse of 173 m². Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. This townhouse features a spacious terrace with an integrated barbecue and bread/pizza oven, perfect for outdoor entertaining and enjoying the pleasant Algarve climate.
The valuation. The asking price of €695,000 sits slightly below the fair value of €711,619, representing a difference of €16,619 or 2.3%. The property is considered fairly priced in the current market. Buy-to-flip angle. The resale strategy focuses on enhancing the townhouse's appeal through minor updates, particularly in the slightly dated bathrooms, with the aim of capitalizing on Tavira's growing popularity in the real estate market. Buy-to-let angle. The rental income strategy targets short-term vacation rentals, estimating a gross yield of 2.7%, approximately €1,564 per month, leveraging Tavira's tourism-driven economy to attract expats and holidaymakers.
Fair value modelled at €711,619 from 5 comparable sales in the area. Asking €695,000 sits €16,619 (2.3%) below — the upside to fair value.
Asking €695,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €581,308 (€3,360/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €581,308, adjusted for condition and micro-location, gives a modelled fair value of €711,619 (€4,113/m²), a €16,619 (2.3%) gap versus the €695,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · cc9a38 | Subject | €695,000 | €4,017 | — | 73 | 68 |
| Tavira (Santa Maria e Santiago) · a803d1 | Active | €975,000 | €3,839 | 4.4% | 81 | 68 |
| via Algarviana | Active | €745,000 | €4,027 | 0.2% | 78 | 61 |
| praça da República | Active | €535,000 | €8,231 | 104.9% | 80 | 73 |
| Tavira (Santa Maria e Santiago) · 190860 | Active | €850,000 | €4,670 | 16.3% | 80 | 73 |
| Median comp | €797,500 | €4,349 | 8.2% | 80 | 71 |
Short-term vacation rental This townhouse offers a gross yield of 2.7%, aligning with the area's tourism-driven economy and strong demand from vacationers. While the property holds a fair value close to the listing price, potential investors should be cautious of the relatively low neighborhood rating of 68/100, which may impact long-term profitability. Buy-and-hold Holding this townhouse could provide moderate returns in a tourism-focused region, though the gross yield of 2.7% suggests investors might not see substantial short-term gains. Given the fair pricing against estimated market value, this strategy remains viable, provided the investor is patient and considers the potential appreciation over time. Family rental The property’s condition rating of 75/100 indicates it is relatively well-maintained, making it suitable for families looking for a long-term rental. However, the modest gross yield of 2.7% and fair market positioning suggest a cautious approach, as the neighborhood score of 68/100 may affect desirability for family tenants. Not ideal for: Student housing, Luxury market, Industrial investment. Each of these strategies does not align with the property's characteristics or the market profile of Tavira, which is primarily geared towards tourists and retirees.
Economic Vulnerability The economic stability score of 60/100 suggests a moderate risk of economic downturn affecting tenant reliability and property 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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