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, 2-bathroom house of 124 m², energy rating B. Located Luz de Tavira e Santo Estévão parish, Tavira municipality, Faro district. Noteworthy Feature: The exterior boasts elegant stone cladding with charming arched balconies, enhancing the property’s curb appeal and blending seamlessly into the tranquil residential environment.
The valuation. The asking price of €630,000 is significantly below the fair value of €937,233, representing a discount of €307,233 (32.8%). This property is clearly underpriced given its quality and potential. Buy-to-flip angle. With strategic upgrades and renovations, this 4-bed, 2-bath house in Tavira could be flipped for a healthy profit post-renovation, appealing to families looking for modern living spaces in a desirable area. Buy-to-let angle. The estimated gross yield of 5% at approximately €2,625 per month positions the property well for long-term rental, targeting families in need of quality housing in the rural Algarve's safe environment.
Fair value modelled at €937,233 from 6 comparable sales in the area. Asking €630,000 sits €307,233 (32.8%) below — the upside to fair value.
Asking €630,000 versus the Luz de Tavira e Santo Estévão, Tavira, Faro area baseline of €918,559 (€7,408/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 €918,559, adjusted for condition and micro-location, gives a modelled fair value of €937,233 (€7,558/m²), a €307,233 (32.8%) gap versus the €630,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Luz de Tavira e Santo Estévão · 76b514 | Subject | €630,000 | €5,081 | — | 48 | 59 |
| Luz de Tavira e Santo Estévão · 622890 | Active | €1,450,000 | €11,240 | 121.2% | — | 65 |
| praça da República | Active | €799,000 | €4,296 | 15.4% | 75 | 70 |
| Tavira (Santa Maria e Santiago) · 7caccf | Active | €750,000 | €4,545 | 10.5% | 75 | 69 |
| Luz de Tavira e Santo Estévão · a0cc54 | Active | €1,450,000 | €11,154 | 119.5% | 75 | 61 |
| Median comp | €1,124,500 | €7,850 | 54.5% | 75 | 67 |
Long-term rental The property in Luz de Tavira e Santo Estévão has a gross yield of 5%, making it an attractive option for long-term rental investors looking to benefit from stable cash flow. With a fair value considerably higher than the listing price, this property presents a significant opportunity for capital appreciation. Family rental As a four-bedroom house in a relatively safe area with a decent neighborhood rating of 59/100, this property is well-suited for families seeking long-term housing. The combination of favorable pricing and increased fair value suggests potential for strong demand from family renters in a low-density living environment.
Weak Economic Risk With an economic stability score of 40/100, there is a significant risk of market downturns affecting property values and rental income stability.
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