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.
4-bedroom, 4-bathroom house of 225 m², energy rating A+. Located on rua da Fortaleza, 28, Budens parish, Vila do Bispo municipality, Faro district. This property features a state-of-the-art outdoor kitchen with a pizza oven and barbecue, perfect for entertaining in the well-maintained gardens complete with efficient irrigation.
The valuation. The asking price of €975,000 is significantly above the fair value of €428,987, with an excess of €546,013, indicating the property is overpriced by 56.0%. This raises concerns for potential investors regarding return on investment.
Fair value modelled at €428,987 from the area baseline, adjusted for condition and location. Asking €975,000 sits €546,013 (56.0%) above — overpriced versus fair value.
Asking €975,000 versus the rua da Fortaleza, 28 area baseline of €715,500 (€3,180/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 80 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 61/100 (Housing Market 70 · Amenities 60 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua da Fortaleza, 28
Area baseline €715,500 + condition +€25,664 + location +€16,998 = modelled fair value of €428,987 (€1,907/m²), a €546,013 (56.0%) gap versus the €975,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Fortaleza, 28 | Subject | €975,000 | €4,333 | — | 80 | 61 |
| jardim na Praia da Luz | Active | €775,000 | €3,063 | 29.3% | 75 | 65 |
| rua Almaverde, 179 | Active | €1,150,000 | €3,026 | 30.2% | 80 | 78 |
| rua Almaverde, 179 | Active | €1,150,000 | €3,026 | 30.2% | 80 | 74 |
| rua Nelson Mandela, 6 | Active | €888,000 | €5,692 | 31.4% | — | 68 |
| Median comp | €1,019,000 | €3,045 | 29.7% | 80 | 71 |
Long-term rental The property is overpriced at €975,000, significantly above its fair value of €428,987, indicating a 56.0% gap that suggests potential underperformance in long-term rental returns. With a gross yield of only 3.9% and an average neighborhood rating of 61/100, the investment lacks appeal for consistent long-term cash flow. Short-term vacation rental At €975,000, this property is overpriced relative to its fair value of €428,987 and is unlikely to generate the high occupancy rates needed to justify such a high price. Considering the area is reliant on seasonal tourism, the current market conditions do not support a favorable return on investment for short-term rentals at this price point. Buy-and-hold The buy-and-hold strategy is compromised as the property's asking price of €975,000 is significantly higher than the fair value of €428,987, leaving a concerning 56.0% gap. The potential for capital appreciation appears limited in a predominantly seasonal market, affecting long-term value retention and growth prospects.
Economic Vulnerability The low economic stability score of 55/100 suggests a potential risk of market instability that could impact rental income and property value.**
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