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, 2-bathroom house of 165 m², built in 1988, energy rating D. Located Budens parish, Vila do Bispo municipality, Faro district. This property includes a spacious independent annex with a bathroom, ideal for guests or as a studio, and boasts a large rooftop terrace for additional leisure space.
The valuation. The asking price of €495,000 sits €156,750 (24.1%) below the fair value of €651,750, indicating that the property is underpriced compared to its market value.
Fair value modelled at €651,750 from 5 comparable sales in the area. Asking €495,000 sits €156,750 (24.1%) below — the upside to fair value.
Asking €495,000 versus the Budens, Vila do Bispo, Faro area baseline of €555,868 (€3,369/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €555,868, adjusted for condition and micro-location, gives a modelled fair value of €651,750 (€3,950/m²), a €156,750 (24.1%) gap versus the €495,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Budens · 86cab0 | Subject | €495,000 | €3,000 | — | 72 | 79 |
| Budens · ade5af | Active | €375,000 | €2,976 | 0.8% | 70 | 73 |
| Budens · 19f709 | Active | €495,000 | €3,511 | 17.0% | 75 | 72 |
| urbanização Quinta da Aldeia, 14 | Active | €395,000 | €3,950 | 31.7% | 78 | 76 |
| Budens · f36646 | Active | €535,000 | €4,315 | 43.8% | 80 | 72 |
| Median comp | €445,000 | €3,731 | 24.3% | 77 | 73 |
Short-term vacation rental The property in Budens, Vila do Bispo demonstrates potential as a profitable short-term vacation rental given its 4.5% gross yield and attractiveness to tourists in this popular region. With a fair value gap of 24.1%, this investment can capitalize on the area's strong demand from visitors seeking luxury accommodations. Family rental This 2-bed house's condition rating of 75/100 and a neighborhood score of 79/100 indicate a stable environment ideal for family rentals. The consistent expat community enhances tenant stability, making this property a compelling option for long-term rental income. Buy-and-hold Investing in this property as a buy-and-hold strategy is viable due to its significant fair value gap of 24.1% and the robust local housing market in Budens. The combination of tourism-driven demand and family-friendly neighborhood characteristics can support long-term appreciation and return on investment.
Potential Economic Downturn Rent income may be influenced by a moderate economic stability score of 75, indicating possible vulnerabilities during economic downturns that could affect tenant retention and payment reliability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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