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, 3-bathroom house of 196 m², energy rating C. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: The property boasts a rare rooftop terrace with panoramic sea and city views, enhancing outdoor living and providing a serene retreat for relaxation or entertainment.
The valuation. The asking price of €600,000 sits €39,996 (6.2%) below the fair value of €639,996, indicating a fair pricing status consistent with market expectations. The property is competitively priced within the context of its features and neighborhood.
Fair value modelled at €639,996 from 6 comparable sales in the area. Asking €600,000 sits €39,996 (6.2%) below — the upside to fair value.
Asking €600,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €498,446 (€2,543/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 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 €498,446, adjusted for condition and micro-location, gives a modelled fair value of €639,996 (€3,265/m²), a €39,996 (6.2%) gap versus the €600,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · 53c9f1 | Subject | €600,000 | €3,061 | — | 72 | 66 |
| Tavira (Santa Maria e Santiago) · 15e159 | Active | €695,000 | €2,791 | 8.8% | 71 | 61 |
| via Algarviana | Active | €915,000 | €2,652 | 13.4% | 71 | 71 |
| via Algarviana | Active | €915,000 | €2,652 | 13.4% | 72 | 51 |
| Tavira (Santa Maria e Santiago) · 6a94a1 | Active | €855,000 | €3,519 | 14.9% | — | 62 |
| Median comp | €885,000 | €2,722 | 11.1% | 71 | 62 |
Short-term vacation rental The property can leverage Tavira's appeal as a tourist destination, providing a steady stream of rental income during peak seasons. However, with a gross yield of 4.5%, the return may not justify the current listing price of €600,000, which is just 6.2% below its fair value. Long-term rental The moderate rental return of 4.5% suggests that while the property may perform adequately as a long-term rental, it does not present a compelling investment opportunity given its pricing strategy. This valuation reflects its fair standing within a neighborhood rated 66/100, indicating the potential for steady demand but not exceptional returns. Buy-and-hold As a buy-and-hold investment, the house may appreciate over time due to its location in Algarve; however, the current value reflects a fair status rather than an opportunity for significant upside. The 6.2% gap to fair value, combined with a condition score of 74/100, underscores a limited opportunity for capital growth amidst ongoing tourism-driven demand.
Economic Volatility Risk The property has a relatively low economic stability score of 55, indicating a potential risk of fluctuating market conditions 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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