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 144 m², built in 1979, energy rating C. Located on travessa da Saudade N, 10, Budens parish, Vila do Bispo municipality, Faro district. Noteworthy Features: The property includes a cozy fireplace in the living room and built-in wardrobes in each bedroom, enhancing both comfort and storage solutions.
The valuation. The asking price of €499,000 sits significantly above the fair value of €273,914, indicating an overpricing of €225,086 or 45.1%. This property would be less appealing for buyers seeking true value in the market.
Fair value modelled at €273,914 from the area baseline, adjusted for condition and location. Asking €499,000 sits €225,086 (45.1%) above — overpriced versus fair value.
Asking €499,000 versus the travessa da Saudade N, 10 area baseline of €457,920 (€3,180/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 75 · Materials 80 · Room dimensions 79). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 69/100 (Housing Market 70 · Amenities 65 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
travessa da Saudade N, 10
Area baseline €457,920 + condition +€7,875 + location +€18,791 = modelled fair value of €273,914 (€1,902/m²), a €225,086 (45.1%) gap versus the €499,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa da Saudade N, 10 | Subject | €499,000 | €3,465 | — | 75 | 69 |
| Luz · 956aad | Active | €495,000 | €4,125 | 19.0% | 70 | 73 |
| rua da Praia | Active | €475,000 | €4,750 | 37.1% | 60 | 70 |
| Budens · 1e62cc | Active | €475,000 | €4,750 | 37.1% | 66 | 74 |
| urbanização Quinta da Fortaleza | Active | €745,000 | €3,706 | 7.0% | — | 71 |
| Median comp | €485,000 | €4,438 | 28.1% | 66 | 72 |
Short-term vacation rental This property, listed at €499,000, is misaligned with its fair value of €273,914, making it an overpriced option for short-term vacation rental in Budens. Despite a gross yield of 4.9%, the significant gap of 45.1% suggests that the returns do not justify the entry cost for this strategy. Buy-and-hold With a current asking price of €499,000, this property is considered overpriced compared to its fair value of €273,914. The expected returns from a buy-and-hold strategy are insufficient, as the pricing disparity of 45.1% diminishes the long-term investment case. Family rental The listing price of €499,000 stands at a substantial 45.1% above the fair value of €273,914, indicating that it is not a prudent choice for a family rental strategy. The existing yield of 4.9% does not compensate for the high cost, rendering this investment less attractive in the current market context.
Economic Vulnerability The economic stability score of 60/100 indicates a moderate risk of economic downturn that could potentially affect tenant retention and rental income.
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