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 334 m², energy rating F. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. This property includes several outbuildings such as an agricultural warehouse and a traditional oven house, creating significant potential for diverse projects or agricultural endeavors.
The valuation. The asking price of €380,000 is significantly below the fair value of €1,005,670, representing a discount of €625,670 or 62.2%. This property can be considered underpriced given its market position.
Fair value modelled at €1,005,670 from 6 comparable sales in the area. Asking €380,000 sits €625,670 (62.2%) below — the upside to fair value.
Asking €380,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €1,017,762 (€3,047/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 49/100 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 €1,017,762, adjusted for condition and micro-location, gives a modelled fair value of €1,005,670 (€3,011/m²), a €625,670 (62.2%) gap versus the €380,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · 2d8537 | Subject | €380,000 | €1,138 | — | 40 | 60 |
| Tavira (Santa Maria e Santiago) · 7cabd6 | Active | €697,000 | €2,454 | 115.7% | 65 | 63 |
| rua Santo Estevao, 3 | Active | €350,000 | €2,333 | 105.1% | — | 62 |
| autoestrada N270, 395 | Active | €549,000 | €3,000 | 163.7% | 74 | 60 |
| Luz de Tavira e Santo Estévão · e40aa2 | Active | €990,000 | €3,225 | 183.4% | 65 | 60 |
| Median comp | €623,000 | €2,727 | 139.7% | 65 | 61 |
Long-term rental The property presents an attractive investment opportunity for long-term rental given its significant gap from fair value. Despite its low gross yield of 0%, the substantial potential for appreciation in a tourism-driven market like Tavira indicates long-term value growth. Short-term vacation rental With the increasing tourism activity in the Algarve, this property could yield high returns as a short-term vacation rental, despite its current condition rating of 49/100. The fair value significantly exceeds the listing price, suggesting strong demand potential that can be capitalized upon by entering the short-term rental market. Buy-and-hold Acquiring this property for a buy-and-hold strategy seems advantageous due to its valuation being well below the fair market price by 62.2%. The robust tourism economy in Tavira positions the asset for future appreciation, making it a sound long-term investment for capital growth. Not ideal for student housing Given the property’s location and characteristics, it is not well-suited for the student housing market, as evidenced by the local economic activities largely revolving around tourism. The average tenant quality in the area does not align with student rental demand, limiting its viability. Not ideal for luxury market This property is not positioned within the luxury market bracket, as the fair value assessment reflects a much lower price point than luxury listings in Tavira. With a neighborhood quality score of 60/100, it may not attract the high-end buyers sought in luxury real estate investments.
Economic volatility risk The economic stability score of 50/100 suggests a significant risk of local economic fluctuations, potentially impacting rent prices and vacancy rates. Tenant turnover risk With a tenant stability score of 60/100, there is a moderate likelihood of tenant turnover, which could lead to increased costs for finding new tenants and potential periods of vacancy.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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