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.
2-bedroom, 2-bathroom house of 97 m², built in 2022, energy rating F. Located on rua Guilherme Gomes Fernandes, Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. This property features a private terrace and two entrances, enhancing its accessibility and outdoor living potential within Tavira's picturesque historic center.
The valuation. The asking price of €595,000 is significantly above the fair value of €502,883, resulting in an overpricing of €92,117 (18.3%). This discrepancy indicates that the property may not provide a sound investment opportunity at its current asking price.
Fair value modelled at €502,883 from 6 comparable sales in the area. Asking €595,000 sits €92,117 (18.3%) above — overpriced versus fair value.
Asking €595,000 versus the rua Guilherme Gomes Fernandes area baseline of €410,719 (€4,234/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 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 €410,719, adjusted for condition and micro-location, gives a modelled fair value of €502,883 (€5,184/m²), a €92,117 (18.3%) gap versus the €595,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Guilherme Gomes Fernandes | Subject | €595,000 | €6,134 | — | 85 | 64 |
| rua das Olarias | Active | €995,000 | €5,888 | 4.0% | 70 | 63 |
| Tavira (Santa Maria e Santiago) · 6ebb92 | Active | €595,000 | €6,839 | 11.5% | 75 | 61 |
| Santa Luzia · 911291 | Active | €400,000 | €5,195 | 15.3% | — | 70 |
| Santa Luzia · f35f0b | Active | €295,000 | €4,214 | 31.3% | 75 | 63 |
| Median comp | €497,500 | €5,542 | 9.7% | 75 | 63 |
Long-term rental Despite its strategic location near the Algarve coast and a reasonable condition score of 83/100, the property is overpriced at €595,000, significantly above the fair value of €502,883. At a gross yield of only 2.8%, this investment falls short of ideal returns for long-term rental strategies. Short-term vacation rental Given the 18.3% gap above fair value, this property presents a challenge for short-term vacation rental strategies, despite its proximity to popular tourist destinations. The current pricing limits potential profitability and raises concerns about long-term investment viability in a competitive rental market. Buy-and-hold While the neighborhood benefits from positive local factors, the property’s price of €595,000 is unsustainable against its fair market value of €502,883, reflecting it as overpriced. Such a high entry price reduces the effectiveness of buy-and-hold strategies, which depend on sound capital appreciation over time.
Economic Vulnerability The property's economic stability score of 55/100 indicates a potential risk of adverse market conditions affecting value or 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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