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 apartment of 70 m², energy rating D. Located Budens parish, Vila do Bispo municipality, Faro district. Noteworthy Feature: The apartment boasts a private balcony offering breathtaking views of the ocean, enhancing the overall living experience. Proximity: Located only a 5-minute walk from the beach.
The valuation. The asking price of €347,000 is significantly above its fair value of €132,888, representing a disparity of €214,112 (61.7%). This property is considered overpriced and would require a reassessment of its market position.
Fair value modelled at €132,888 from the area baseline, adjusted for condition and location. Asking €347,000 sits €214,112 (61.7%) above — overpriced versus fair value.
Asking €347,000 versus the Budens, Vila do Bispo, Faro area baseline of €222,600 (€3,180/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 73 · Materials 78 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 80 · Amenities 75 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Budens, Vila do Bispo, Faro
Area baseline €222,600 + condition +€1,641 + location +€11,057 = modelled fair value of €132,888 (€1,898/m²), a €214,112 (61.7%) gap versus the €347,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Budens · 4d4762 | Subject | €347,000 | €4,957 | — | 73 | 73 |
| Budens · 6d54e8 | Active | €1,200,000 | €7,742 | 56.2% | 85 | 72 |
| Budens · f36646 | Active | €535,000 | €4,315 | 13.0% | 80 | 72 |
| parque Florestal Golf de Santo António, 74 | Active | €472,000 | €3,085 | 37.8% | 80 | 68 |
| Budens · 65a70e | Active | €445,000 | €3,272 | 34.0% | 75 | 74 |
| Median comp | €503,500 | €3,794 | 23.5% | 80 | 72 |
Short-term vacation rental This property, with a listing price of €347,000 significantly higher than the fair value of €132,888, presents a considerable investment risk in the short-term vacation rental market. Given the 0% gross yield and the overpricing of the asset, it is unlikely to generate a positive return. Buy-and-hold The buy-and-hold strategy for this apartment is discouraged due to its overvaluation, with a gap to fair value of 61.7%. Investing at this price point would not capitalize on the potential long-term appreciation in a location that is otherwise attractive for seasonal tourism. Long-term rental Engaging in long-term rental with this property is not advisable, as its current listing price of €347,000 far exceeds the fair value of €132,888. The lack of yield and significant overpricing raises doubts about the sustainability of any rental income generated from this investment.
Moderate economic risk The economic stability score of 65/100 indicates a potentially unstable market environment that could affect long-term 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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