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 354 m², energy rating C. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: This property boasts a subterranean wine cellar, a unique architectural element that provides additional charm and functionality. Outdoor Space: The manicured gardens are perfect for relaxation and social gatherings.
The valuation. The asking price of €850,000 is situated below the fair value of €938,870, presenting a difference of €88,870 (9.5%). This property is considered fairly valued, aligning its market price with its intrinsic worth. Buy-to-flip angle. The property can be renovated further, targeting a resale price that exceeds the initial investment, potentially capitalizing on Tavira's appeal in the tourism market. Short-term vacation rental strategy can attract buyers seeking a quick turnover. Buy-to-let angle. With an estimated gross yield of 3.3% and a rental income of approximately €2,338 per month, the property presents a stable income-generating opportunity. The blend of modern and traditional features makes it attractive for long-term tenants.
Fair value modelled at €938,870 from 6 comparable sales in the area. Asking €850,000 sits €88,870 (9.5%) below — the upside to fair value.
Asking €850,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €611,137 (€1,726/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €611,137, adjusted for condition and micro-location, gives a modelled fair value of €938,870 (€2,652/m²), a €88,870 (9.5%) gap versus the €850,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · 9af6d6 | Subject | €850,000 | €2,401 | — | 86 | 54 |
| rua José Falcão Berredo | Active | €770,000 | €2,194 | 8.6% | 65 | 65 |
| via Algarviana | Active | €915,000 | €2,652 | 10.5% | 72 | 51 |
| Tavira (Santa Maria e Santiago) · 53c9f1 | Active | €600,000 | €3,061 | 27.5% | 72 | 66 |
| Tavira (Santa Maria e Santiago) · 6a94a1 | Active | €855,000 | €3,519 | 46.5% | — | 62 |
| Median comp | €812,500 | €2,857 | 19.0% | 72 | 64 |
Short-term vacation rental While the 4-bed house in Tavira has a fair valuation at €850,000, its 3.3% gross yield indicates that the property may not generate sufficient cash flow to meet the expectations of short-term vacation rental investors. Additionally, the neighbourhood rating of 54/100 suggests potential challenges in attracting guests, despite the Algarve's overall tourism appeal. Long-term rental The property’s fair value of €938,870 compared to its listing price means that long-term rental investors should consider the modest yield of 3.3% as a reflection of the property’s potential performance. With a condition rating of 82/100, this house could provide acceptable rental quality, yet the rural location and limited urban infrastructure may hinder consistent tenant demand in the long term.
High Economic Risk The property is in an area with an economic stability score of 40/100, indicating potential vulnerabilities in market performance that could impair tenant demand and profitability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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