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, 3-bathroom house of 108 m², energy rating D. Located on rua Comandante Henrique Tenreiro, Santa Luzia parish, Tavira municipality, Faro district. The property features a separately accessible independent unit previously utilized for commercial purposes, enhancing its potential for varied uses beyond traditional residential living.
The asking price of €370,000 is slightly below the determined fair value of €371,000, indicating a minimal upside of 0.1%. Confidence in this fair value assessment is medium.
The asking price is in line with the fair value. It is based on a combination of the Transaction model, which considers 79 recorded sales in the parish of Santa Luzia, and the Adjusted asking-price model, which uses current listings with price adjustments. The Transaction model accounts for 65% of this analysis, while the Adjusted asking-price model represents 35%. No conservative adjustments were applied to this property. The fair value calculated is €371,000, presenting a small upside of €1,000 (0.1%) compared to the asking price of €370,000. The confidence level in this estimate is medium.
Gross yield 4.4% (before costs)
No specific strategy stands out for this property.
Negotiation room: Negotiation context: asking prices in this municipality run about 26% above what similar homes actually sell for, so there is usually room to negotiate
When considering this 2-bed house in Santa Luzia, Tavira, investors should evaluate the asking price of €370,000 against the fair value of €371,000, which suggests that the asking price is in line with expectations. The property's condition is rated at 72/100, indicating reasonable maintenance, whereas the neighbourhood scores 50/100, reflecting potential challenges in desirability. Overall, with a gross yield of 4.4%, the investment may have modest returns despite the location's average rating.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic stability score of 50/100 indicates a potential vulnerability in the market, which is further compounded by a tenant stability score of 50/100, suggesting an unstable rental environment that may affect cash flow and income predictability. Data quality findings risk The listings of this property are inconsistent, raising concerns about the reliability of the information available which may lead to misinformed investment decisions. Fair value certainty risk The valuation of the property stands at a fair value of €371,000 with medium confidence, indicating that there is some uncertainty in the accuracy of this estimation, particularly given the lack of transaction micro-location data for this address.
Grade CFindings: 1
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
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Models 3.4.3 (Data quality v3 · Valuation v4.2 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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