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 180 m², energy rating B. Located Budens parish, Vila do Bispo municipality, Faro district. Noteworthy Features: The property includes multiple large terraces with panoramic landscape views and direct pool access from the ground floor living area, enhancing outdoor leisure opportunities.
The valuation. The asking price of €579,000 is significantly above fair value at €350,935, presenting an overvaluation of €228,065 (39.4%). Such a disparity suggests that the property is overpriced and may not attract prudent investors. Buy-to-flip angle. To capitalize on potential market movement, a buy-to-flip strategy could involve renovating the property and targeting a quick resale at an improved price, estimating a return based on market trends in Budens. Buy-to-let angle. Alternatively, a buy-to-let strategy can generate steady income through short-term vacation rentals, with an estimated gross yield of 4.8%, translating to approximately €2,316 per month in rental income, appealing given the tourist influx in the Algarve.
Fair value modelled at €350,935 from the area baseline, adjusted for condition and location. Asking €579,000 sits €228,065 (39.4%) above — overpriced versus fair value.
Asking €579,000 versus the Budens, Vila do Bispo, Faro area baseline of €572,400 (€3,180/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 75 · Materials 82 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 80 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Budens, Vila do Bispo, Faro
Area baseline €572,400 + condition +€10,969 + location +€30,906 = modelled fair value of €350,935 (€1,950/m²), a €228,065 (39.4%) gap versus the €579,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Budens · 96c488 | Subject | €579,000 | €3,217 | — | 75 | 75 |
| Budens · 001b65 | Active | €465,000 | €3,875 | 20.5% | 80 | 73 |
| parque Florestal Golf de Santo António, 74 | Active | €472,000 | €3,085 | 4.1% | 80 | 68 |
| Budens · 65a70e | Active | €445,000 | €3,272 | 1.7% | 75 | 74 |
| Budens · f36646 | Active | €535,000 | €4,315 | 34.1% | 80 | 72 |
| Median comp | €468,500 | €3,574 | 11.1% | 80 | 73 |
Short-term vacation rental The property is overpriced at €579,000 with a gap to fair value of 39.4%, making it a risky investment for short-term vacation rentals in a tourist-heavy area. Despite a gross yield of 4.8%, the higher purchasing cost limits potential profitability in the competitive Albufeira market. Long-term rental With an asking price that exceeds fair value by 39.4%, this property presents a challenging opportunity for long-term rental investors. The yield of 4.8% may not compensate for the elevated purchase price, suggesting that the investment is unlikely to perform as expected in the current housing market. Buy-and-hold Given the 39.4% gap between listing price and fair value, this buy-and-hold strategy appears misguided for this property. While neighborhood amenities and tenant quality seem reasonable, the excessive initial investment could hinder long-term capital appreciation and returns.
Economic Vulnerability The economic stability score of 70/100 indicates potential fluctuations in the local economy that could impact property value and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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