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 166 m², built in 2003, energy rating D. Located Luz de Tavira e Santo Estévão parish, Tavira municipality, Faro district. Noteworthy Features: The property boasts a substantial flat land area of approximately 22,000 m², offering versatile development options and a serene rural setting just 4 km from Tavira.
The valuation. The asking price of €575,000 exceeds the fair value of €481,083 by €93,917, or 19.5%. This property is considered overpriced, highlighting the need for careful evaluation before making an investment decision.
Fair value modelled at €481,083 from 6 comparable sales in the area. Asking €575,000 sits €93,917 (19.5%) above — overpriced versus fair value.
Asking €575,000 versus the Luz de Tavira e Santo Estévão, Tavira, Faro area baseline of €573,351 (€3,454/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 39/100 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 €573,351, adjusted for condition and micro-location, gives a modelled fair value of €481,083 (€2,898/m²), a €93,917 (19.5%) gap versus the €575,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Luz de Tavira e Santo Estévão · 2d81b3 | Subject | €575,000 | €3,464 | — | 30 | 60 |
| Luz de Tavira e Santo Estévão · 38b68b | Active | €450,000 | €2,571 | 25.8% | 25 | 59 |
| Luz de Tavira e Santo Estévão · 4b8e43 | Active | €410,000 | €3,445 | 0.5% | 60 | 51 |
| Luz de Tavira e Santo Estévão · 8750a7 | Active | €1,440,000 | €5,393 | 55.7% | — | 60 |
| Luz de Tavira e Santo Estévão · e40aa2 | Active | €990,000 | €3,225 | 6.9% | 65 | 60 |
| Median comp | €720,000 | €3,335 | 3.7% | 60 | 60 |
Long-term rental The property is overpriced by 19.5%, significantly limiting its potential as a long-term rental given the low yield of 3.1%. With a condition rating of 39/100 and a neighbourhood score of 60/100, it may struggle to attract reliable tenants. Short-term vacation rental Given its status as overpriced, this property is unlikely to generate sufficient returns in the competitive short-term vacation rental market. The lower condition rating combined with its premium price point may deter potential guests, impacting occupancy rates. Family rental While the property is located in a desirable tourist area, its 19.5% gap from fair value suggests it's not an ideal choice for families seeking a long-term rental. Its condition rating of 39/100 indicates potential renovation needs, which could further deter interest from family renters. Not ideal for: Student housing, Luxury market, Industrial property
Economic and Tenant Stability Concern There is a potential risk associated with the property due to its economic stability score of 60/100 and tenant stability score of 60/100, indicating an average market environment that could lead to fluctuations in rental income or property value.
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