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, 3-bathroom house of 172 m², built in 2006, energy rating B. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. This villa features a sophisticated irrigation system for the mature garden, enhancing the lush Mediterranean landscape while ensuring low-maintenance outdoor areas throughout the year.
The valuation. The asking price of €995,000 sits significantly above the fair value of €763,008, indicating an overvaluation of €231,992 (30.4%). This property should be approached with caution due to its current pricing.
Fair value modelled at €763,008 from 6 comparable sales in the area. Asking €995,000 sits €231,992 (30.4%) above — overpriced versus fair value.
Asking €995,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €610,059 (€3,547/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 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 €610,059, adjusted for condition and micro-location, gives a modelled fair value of €763,008 (€4,436/m²), a €231,992 (30.4%) gap versus the €995,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · c179f4 | Subject | €995,000 | €5,785 | — | 76 | 60 |
| Tavira (Santa Maria e Santiago) · 62743a | Active | €1,345,000 | €5,675 | 1.9% | 79 | 63 |
| rua General Jose de Chelmicki S / N | Active | €590,000 | €4,436 | 23.3% | 75 | 62 |
| rua Eduardo Vilhena Guerreiro S / N | Active | €975,000 | €3,839 | 33.6% | 78 | 60 |
| rua 1º de Maio | Active | €495,000 | €5,440 | 6.0% | 74 | 64 |
| Median comp | €782,500 | €4,938 | 14.6% | 77 | 63 |
Short-term vacation rental The property is overpriced at €995,000, which is 30.4% above its fair value of €763,008, making it a challenging investment in the short-term rental market. With a gross yield of only 2.4% and a neighbourhood score of 60/100, the potential returns may not justify the high cost. Buy-and-hold Given the property's current listing price well above fair value, it does not present an attractive case for a buy-and-hold strategy in the Algarve market. An 81/100 condition rating does offer some assurance in quality, but the significant valuation gap could hinder long-term capital appreciation prospects. Value-add renovation While the property is in good condition with a score of 81/100, its high listing price suggests it is overpriced, limiting the feasibility of a value-add renovation strategy. Investors would face challenges not only from the initial cost of acquisition but also from realizing an optimal return on investment in an already inflated market. Not ideal for The property is not suitable for student housing or the luxury market due to its neighborhood rating of 60/100 and overall high listing price. These factors indicate that demand may be limited in those segments, further complicating any potential investment strategy.
Economic Volatility Risk A score of 55 in economic stability suggests potential fluctuations in market conditions that could adversely affect property values and rental income.
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