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.
4-bedroom, 2-bathroom house of 180 m², built in 2004, energy rating E. Located on rua Sérgio Vieira de Mello, 9, Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. This property features a spacious rooftop terrace with panoramic views over the city and coastline, ideal for sunset gatherings or outdoor relaxation.
The valuation. The asking price of €630,000 is significantly below the fair value estimate of €723,005, showing a difference of €93,005 or 12.9%. This presents an attractive opportunity for potential investors. Buy-to-flip angle. With high-quality finishes, the property can be updated and marketed for resale at a higher price, positioning it well for a profitable flip in the thriving Algarve market. Buy-to-let angle. The estimated rental income of approximately €2,048/month translates to a gross yield of 3.9%, making this a viable long-term rental investment in a location driven by tourism.
Fair value modelled at €723,005 from 6 comparable sales in the area. Asking €630,000 sits €93,005 (12.9%) below — the upside to fair value.
Asking €630,000 versus the rua Sérgio Vieira de Mello, 9 area baseline of €587,980 (€3,267/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €587,980, adjusted for condition and micro-location, gives a modelled fair value of €723,005 (€4,017/m²), a €93,005 (12.9%) gap versus the €630,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Sérgio Vieira de Mello, 9 | Subject | €630,000 | €3,500 | — | 72 | 59 |
| rua das Freiras, 51 | Active | €497,000 | €4,438 | 26.8% | 70 | 70 |
| avenida Doutor Eduardo Mansinho | Active | €490,000 | €4,900 | 40.0% | 77 | 63 |
| Conceição e Cabanas de Tavira · 91165b | Active | €645,000 | €2,879 | 17.7% | 65 | 67 |
| Tavira (Santa Maria e Santiago) · b327bc | Active | €380,000 | €4,176 | 19.3% | 70 | 59 |
| Median comp | €493,500 | €4,307 | 23.1% | 70 | 65 |
Long-term rental The property in Tavira presents an attractive option for long-term rental, given its fair value assessment indicating a 12.9% gap compared to its listing price. With a gross yield of 3.9% and a decent condition score of 76/100, it can generate steady rental income in a tourist-driven town. Short-term vacation rental This 4-bed house is well-positioned for short-term vacation rental opportunities, appealing to seasonal tourists seeking accommodation in the Algarve. The 12.9% gap to fair value denotes potential for capital appreciation, enhancing profitability in a market characterized by high visitor volumes. Buy-and-hold As a buy-and-hold investment, the property is subvalorizada, with a strategic potential to capitalize on the long-term growth anticipated in Tavira's housing market. The combination of a 3.9% yield and a fair value well above the listing price suggests favorable market conditions for sustained value appreciation over time.
Economic Vulnerability With an economic stability score of 50/100, the property may be susceptible to economic downturns that could impact rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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