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, 3-bathroom house of 144 m², energy rating C. Located Budens parish, Vila do Bispo municipality, Faro district. This property features a reversible design that enhances both ocean views and natural light, making it a prime choice for vacation rentals or permanent living.
The valuation. The asking price of €570,000 sits 6.8% above the fair value of €533,731, indicating a balanced pricing strategy. This suggests that while the property is competitively priced, it remains within a reasonable value range.
Fair value modelled at €533,731 from 6 comparable sales in the area. Asking €570,000 sits €36,269 (6.8%) above — overpriced versus fair value.
Asking €570,000 versus the Budens, Vila do Bispo, Faro area baseline of €437,400 (€3,037/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 is above the parish average, lifting 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 €437,400, adjusted for condition and micro-location, gives a modelled fair value of €533,731 (€3,706/m²), a €36,269 (6.8%) gap versus the €570,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Budens · 8341e4 | Subject | €570,000 | €3,958 | — | 75 | 81 |
| Budens · 4b92a5 | Active | €625,000 | €4,630 | 17.0% | 79 | 73 |
| Budens · 99f0e1 | Active | €745,000 | €3,706 | 6.4% | 78 | 75 |
| Budens · 65a70e | Active | €445,000 | €3,272 | 17.3% | 75 | 74 |
| Budens · 19f709 | Active | €495,000 | €3,511 | 11.3% | 75 | 72 |
| Median comp | €560,000 | €3,609 | 8.8% | 77 | 74 |
Short-term vacation rental The property in Budens offers a solid gross yield of 3.5%, making it a reasonable candidate for short-term vacation rentals in the tourism-driven Algarve region. Given the seasonal influx of tourists from Northern Europe, the demand for rentals remains steady, although competition is significant. Buy-and-hold With a fair value of €533,731 and the property listing at €570,000, investors should be cautious about the potential for capital appreciation in the buy-and-hold strategy. While the neighborhood boasts good amenities and a low crime rate, the marginal gap between listing and fair value suggests that the investment might not yield optimal returns in the long term. Luxury market Positioned in a desirable area of the Algarve, this property can attract potential buyers in the luxury market, especially given its decent condition rating of 79/100. However, its current listing price exceeds fair value by 6.8%, indicating that buyers may seek better-priced luxury alternatives elsewhere in the region.
Economic Volatility Risk: With an economic stability score of 75/100, there is a moderate risk of economic downturn impacting rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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