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, 1-bathroom house of 156 m², energy rating E. Located on rua 1° de Maio, Santa Catarina da Fonte do Bispo parish, Tavira municipality, Faro district. Noteworthy Features: This property includes a large plot of 8,490 m² with cultivated land and a variety of mature fruit trees, offering both agricultural potential and privacy.
The valuation. The asking price of €459,000 sits €80,341 (14.9%) below the fair value of €539,341, indicating that this property is underpriced according to market standards.
Fair value modelled at €539,341 from 6 comparable sales in the area. Asking €459,000 sits €80,341 (14.9%) below — the upside to fair value.
Asking €459,000 versus the rua 1° de Maio area baseline of €491,602 (€3,151/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 58/100 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 €491,602, adjusted for condition and micro-location, gives a modelled fair value of €539,341 (€3,457/m²), a €80,341 (14.9%) gap versus the €459,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua 1° de Maio | Subject | €459,000 | €2,942 | — | 56 | 59 |
| rua 1° de Maio | Active | €395,000 | €2,724 | 7.4% | 73 | 61 |
| estrada Sem Nome, 270 | Active | €750,000 | €3,000 | 2.0% | — | 64 |
| Santa Catarina da Fonte do Bispo · 3a718e | Active | €675,000 | €4,091 | 39.0% | — | 63 |
| Santa Catarina da Fonte do Bispo · 735624 | Active | €385,000 | €3,598 | 22.3% | 74 | 63 |
| Median comp | €535,000 | €3,299 | 12.1% | 74 | 63 |
Long-term rental With a fair value of €539,341 and a current listing price of €459,000, this property presents a 14.9% upside potential, making it a solid candidate for long-term rental opportunities. However, given the 0% gross yield and lower quality scores for condition and neighborhood, careful tenant selection will be essential to ensure stable occupancy. Buy-and-hold The difference between the listing and fair value indicates this house is currently subvalued, presenting an opportunity for long-term appreciation in a rural area of the Algarve. Although the property's yield is currently 0%, the anticipated increase in property market value could align with a longer investment horizon. Not ideal for luxury market, student housing, short-term vacation rental This property is positioned in a rural Algarve location, which diminishes its appeal for luxury buyers and vacation rentals. Additionally, the neighborhood's moderate amenities may not attract students, limiting its viability for these specific market segments.
Economic Vulnerability With an economic stability score of 40/100, there is a significant risk of economic downturns negatively impacting rental income and property values.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
