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.
1-bedroom, 1-bathroom house of 69 m², built in 2020. Located Luz de Tavira e Santo Estévão parish, Tavira municipality, Faro district. Noteworthy Features: This property is set on a 192.34 m² plot with a significant 100 m² building footprint, offering ample space for redevelopment potential in a serene Algarve location.
The valuation. The asking price of €150,000 is significantly below the fair value of €195,330, presenting a discount of €45,330 (23.2%). This property is clearly subpriced relative to its market potential.
Fair value modelled at €195,330 from 6 comparable sales in the area. Asking €150,000 sits €45,330 (23.2%) below — the upside to fair value.
Asking €150,000 versus the Luz de Tavira e Santo Estévão, Tavira, Faro area baseline of €232,381 (€3,368/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 15/100 is below the parish average, reducing 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 €232,381, adjusted for condition and micro-location, gives a modelled fair value of €195,330 (€2,831/m²), a €45,330 (23.2%) gap versus the €150,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Luz de Tavira e Santo Estévão · ee894d | Subject | €150,000 | €2,174 | — | — | 62 |
| Luz de Tavira e Santo Estévão · 38b68b | Active | €450,000 | €2,571 | 18.3% | 25 | 59 |
| Moncarapacho e Fuseta · 93742b | Active | €485,000 | €4,491 | 106.6% | 18 | 65 |
| Luz de Tavira e Santo Estévão · 38b4f6 | Active | €175,000 | €1,636 | 24.8% | — | 63 |
| autoestrada M1339, 343 | Active | €425,000 | €2,640 | 21.4% | 74 | 71 |
| Median comp | €437,500 | €2,606 | 19.9% | 25 | 64 |
Short-term vacation rental This property offers a competitive yield of 5.7% gross, making it an attractive option for short-term vacation rentals in the tourist-friendly Algarve. The significant gap to fair value of 23.2% suggests potential for increased rental income and appreciation as tourism in the area continues to grow. Long-term rental With a fair value significantly exceeding the listing price, this property presents an excellent opportunity for long-term rental returns, particularly in a region with average tenant quality. The stable demand in the Algarve from seasonal workers supports a reliable income stream over time. Buy-and-hold The favorable price compared to fair value positions this property as an ideal candidate for a buy-and-hold strategy, particularly as the neighborhood's amenities and tourism draw continue to enhance its appeal. This long-term investment is anticipated to yield both rental income and appreciation as market dynamics favor increasing property values in the Algarve.
Moderate economic vulnerability With an economic stability score of 55/100, the property may face challenges during economic downturns, potentially leading to increased vacancy rates and reduced rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
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.
Sign in to buy the report or use a credit
