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.
3-bedroom, 2-bathroom house of 100 m², built in 1951, energy rating D. Located Budens parish, Vila do Bispo municipality, Faro district. Noteworthy Features: The property's unique layout allows for potential conversion back into two apartments, enhancing its appeal for rental investment opportunities in a prime coastal location.
The valuation. The asking price of €475,000 far exceeds the fair value of €177,402, creating a significant disparity of €297,598 (62.7%). This property is overpriced and does not represent a sound investment opportunity.
Fair value modelled at €177,402 from the area baseline, adjusted for condition and location. Asking €475,000 sits €297,598 (62.7%) above — overpriced versus fair value.
Asking €475,000 versus the Budens, Vila do Bispo, Faro area baseline of €318,000 (€3,180/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 66 · Materials 70 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 74/100 (Housing Market 75 · Amenities 80 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Budens, Vila do Bispo, Faro
Area baseline €318,000 + condition -€10,781 + location +€16,483 = modelled fair value of €177,402 (€1,774/m²), a €297,598 (62.7%) gap versus the €475,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Budens · 1e62cc | Subject | €475,000 | €4,750 | — | 66 | 74 |
| Luz · 956aad | Active | €495,000 | €4,125 | 13.2% | 70 | 73 |
| Budens · 090287 | Active | €1,250,000 | €10,246 | 115.7% | — | 75 |
| Budens · ba3cb9 | Active | €1,250,000 | €12,887 | 171.3% | — | 68 |
| urbanização Quinta da Fortaleza | Active | €745,000 | €3,706 | 22.0% | — | 71 |
| Median comp | €997,500 | €7,186 | 51.3% | 70 | 72 |
Short-term vacation rental The property in Budens is significantly overpriced, with a fair value of €177,402 which creates a substantial gap of 62.7%. Given its gross yield of 4.4% and moderate condition rating of 68/100, pursuing a short-term vacation rental strategy may not deliver the expected returns in this competitive market. Buy-and-hold Investing in this 3-bed house presents challenges, as the property's price of €475,000 exceeds its fair value by 62.7%. With a lower yield of 4.4% and a condition rating of 68/100, the potential for long-term appreciation seems limited, making this a less attractive buy-and-hold option. Family rental At €475,000, the property stands well above its fair value, resulting in a disappointing 62.7% gap. The neighborhood rating of 74/100 indicates a reasonable area for family rentals; however, the yield of only 4.4% and overall pricing make it less viable compared to more favorable renting opportunities. Not ideal for: Student housing, Luxury market, Value-add renovation This property is not an ideal candidate for student housing or the luxury market due to its overpriced status and unfavorable yield dynamics. Additionally, the potential for value-add renovations is limited given its current condition rating of 68/100 and the significant gap from fair value.
Market Vulnerability The economic stability score of 65/100 indicates potential vulnerability to market fluctuations that could impact rental income stability.
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