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 house of 59 m², built in 1987, energy rating B. Located Budens parish, Vila do Bispo municipality, Faro district. Noteworthy Features: The property has an approved project to expand to 127.88 m², adding significant value and potential for upscale living with panoramic terrace views.
The valuation. The asking price of €195,000 sits significantly above fair value of €69,454, representing an overpriced position of €125,546 (64.4%). Such a valuation raises concerns about the likelihood of realizing a profitable exit.
Fair value modelled at €69,454 from the area baseline, adjusted for condition and location. Asking €195,000 sits €125,546 (64.4%) above — overpriced versus fair value.
Asking €195,000 versus the Budens, Vila do Bispo, Faro area baseline of €187,620 (€3,180/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 32/100 (Condition 28 · Materials 30 · Room dimensions 38). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 69/100 (Housing Market 75 · Amenities 70 · Economic 60 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Budens, Vila do Bispo, Faro
Area baseline €187,620 + condition -€39,548 + location +€7,699 = modelled fair value of €69,454 (€1,177/m²), a €125,546 (64.4%) gap versus the €195,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Budens · 82c6c0 | Subject | €195,000 | €3,305 | — | 28 | 69 |
| urbanização Quinta da Fortaleza | Active | €745,000 | €3,706 | 12.1% | — | 71 |
| Budens · 090287 | Active | €1,250,000 | €10,246 | 210.0% | — | 75 |
| Budens · 96c488 | Active | €579,000 | €3,217 | 2.7% | 75 | 75 |
| Budens · ba3cb9 | Active | €1,250,000 | €12,887 | 289.9% | — | 68 |
| Median comp | €997,500 | €6,976 | 111.1% | 75 | 73 |
Short-term vacation rental The property is overpriced at €195,000, significantly exceeding the fair value of €69,454, which makes it a less appealing investment for short-term rentals. With a gross yield of 6.7% and a condition rating of 32/100, the financials do not justify the premium pricing in a competitive rental market. Long-term rental While the property has potential for long-term rental income, its current listing price of €195,000 is 64.4% above the fair value of €69,454, suggesting poor investment rationale. Additionally, with a condition score of 32/100, costly renovations would likely be required, further eroding any rental returns. Buy-and-hold This property is not a sound buy-and-hold investment as it is overpriced at €195,000 compared to its fair value of €69,454, indicating significant financial risk. The combination of an unfavorable condition rating of 32/100 and a high acquisition cost makes it challenging to achieve sustainable appreciation in value over time.
Economic Volatility Risk With an economic stability score of 60/100, there is a heightened risk of instability in the local economy, which may affect tenant demand and rental income.
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