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, 1-bathroom country_house of 85 m² on the 2nd floor, built in 2006, energy rating F. Located on rua Jose Roiz Allacem, Santa Catarina da Fonte do Bispo parish, Tavira municipality, Faro district. This property features a fenced 800 m² plot with flat countryside views, ideal for outdoor leisure and potential gardening projects due to its water supply access.
The valuation. The asking price of €420,000 sits significantly above the fair value of €297,761, reflecting an overpricing of €122,239 (41.1%). This property is not a compelling investment given its inflated price compared to market valuation.
Fair value modelled at €297,761 from 6 comparable sales in the area. Asking €420,000 sits €122,239 (41.1%) above — overpriced versus fair value.
Asking €420,000 versus the rua Jose Roiz Allacem area baseline of €285,890 (€3,363/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 52/100 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 €285,890, adjusted for condition and micro-location, gives a modelled fair value of €297,761 (€3,503/m²), a €122,239 (41.1%) gap versus the €420,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Jose Roiz Allacem | Subject | €420,000 | €4,941 | — | 58 | 51 |
| Moncarapacho e Fuseta · 1f3463 | Active | €445,000 | €4,238 | 14.2% | 70 | 65 |
| rua 1° de Maio | Active | €459,000 | €2,942 | 40.5% | 56 | 59 |
| Santa Catarina da Fonte do Bispo · 3a718e | Active | €675,000 | €4,091 | 17.2% | — | 63 |
| rua 1° de Maio | Active | €395,000 | €2,724 | 44.9% | 73 | 61 |
| Median comp | €452,000 | €3,517 | 28.8% | 70 | 62 |
Long-term rental The property is overpriced at €420,000 compared to a fair value of €297,761, presenting a significant gap of 41.1%. With a gross yield of only 2.3%, the investment lacks the financial incentives to support a long-term rental strategy in the current market. Value-add renovation Despite a condition rating of 52/100, the substantial overpricing of the property limits potential returns from any renovations. A prudent valuation should focus on the considerable gap versus fair value, indicating that significant investment in renovations may not yield adequate future returns given the existing market dynamics.
Economic and Tenant Instability The low scores of 45/100 in both economic and tenant stability indicate a significant risk of fluctuating rental income and potential vacancy issues due to an unstable market environment.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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