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, 2-bathroom house of 155 m², built in 1999, energy rating F. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. This property features a charming outdoor barbecue area and an annex equipped with a kitchen, bedroom, and bathroom, offering versatile hosting options for family and friends.
The valuation. The asking price of €550,000 is €51,667 (8.6%) below the fair value of €601,667. The property is reasonably valued and holds potential for appreciation with proper management.
Fair value modelled at €601,667 from 6 comparable sales in the area. Asking €550,000 sits €51,667 (8.6%) below — the upside to fair value.
Asking €550,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €534,819 (€3,450/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 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 €534,819, adjusted for condition and micro-location, gives a modelled fair value of €601,667 (€3,882/m²), a €51,667 (8.6%) gap versus the €550,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · 33bba3 | Subject | €550,000 | €3,548 | — | 65 | 54 |
| praça Histórica de Tavira | Active | €1,300,000 | €3,858 | 8.7% | 62 | 46 |
| Tavira (Santa Maria e Santiago) · 001633 | Active | €1,200,000 | €4,211 | 18.7% | 62 | 60 |
| Tavira (Santa Maria e Santiago) · 19f795 | Active | €585,000 | €2,532 | 28.6% | 75 | 54 |
| 93885c | Active | €225,000 | €1,316 | 62.9% | — | 63 |
| Median comp | €892,500 | €3,195 | 10.0% | 62 | 57 |
Long-term rental The property presents a reasonable investment opportunity for long-term rental, with a fair value of €601,667 suggesting a modest gap of 8.6% from the asking price of €550,000. However, its gross yield of 3.4% and average neighborhood score of 54/100 may limit its desirability among potential tenants. Family rental Targeting families for rental purposes may also be feasible, given the property's layout and size of 155m². Nevertheless, the condition rating of 63/100 and location within the Algarve region, away from primary tourist zones, could constrain the potential demand in this segment.
Weak Economic Foundation With an economic stability score of 40/100, this property may face significant financial challenges, suggesting potential difficulties in attracting long-term tenants or maintaining rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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