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 249 m², built in 2021, energy rating A. Located on rua Mestre Henrique Pires Faleiro, 4, Conceição e Cabanas de Tavira parish, Tavira municipality, Faro district. Notable Features: The property features a private backyard with a wooden pergola and barbecue, ideal for outdoor dining, and a versatile top-level suite that can serve multiple purposes.
The valuation. The asking price of €1,100,000 is €97,270 (9.7%) higher than the fair value of €1,002,730, indicating the property is fairly priced. This finding suggests that while the cost aligns closely with its appraised worth, the investment opportunities need careful assessment.
Fair value modelled at €1,002,730 from 6 comparable sales in the area. Asking €1,100,000 sits €97,270 (9.7%) above — overpriced versus fair value.
Asking €1,100,000 versus the rua Mestre Henrique Pires Faleiro, 4 area baseline of €773,520 (€3,107/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 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 €773,520, adjusted for condition and micro-location, gives a modelled fair value of €1,002,730 (€4,027/m²), a €97,270 (9.7%) gap versus the €1,100,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Mestre Henrique Pires Faleiro, 4 | Subject | €1,100,000 | €4,418 | — | 80 | 59 |
| urbanização Quinta das Salinas | Active | €745,000 | €4,027 | 8.8% | 80 | 63 |
| rua Dom Jerónimo Osório | Active | €640,000 | €3,743 | 15.3% | 80 | 58 |
| rua Infante Dom Henrique, 11 | Active | €599,000 | €4,717 | 6.8% | 80 | 63 |
| rua Dom Jerónimo Osório | Active | €640,000 | €3,743 | 15.3% | 80 | 60 |
| Median comp | €640,000 | €3,885 | 12.1% | 80 | 62 |
Long-term rental Given the 2.2% gross yield, which indicates a low return for a buy-and-hold strategy, this property is in a fair value category without opportunities for significant cash flow generation. The limited economic activity outside peak tourist seasons may constrain long-term tenant demand and rental income stability. Short-term vacation rental With tourism-related demand influenced by the property's proximity to Ria Formosa, it may perform moderately as a short-term vacation rental despite the fair valuation. However, the 2.2% gross yield indicates potential challenges in achieving attractive returns in a competitive market. Buy-and-hold As a buy-and-hold investment, this property falls into the fair value category, suggesting limited upside for capital appreciation in the near term. Considering its higher price point and the local economic conditions, this strategy may face challenges in generating consistent returns over time.
Weak economic conditions The economic stability score of 50/100 indicates a high risk of economic downturns, potentially affecting tenant demand and rent prices adversely.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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