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 147 m², built in 2009. Located Budens parish, Vila do Bispo municipality, Faro district. This property features a private rooftop terrace ideal for sunset views and entertaining, as well as a cozy wood-burning fireplace that enhances the living space's charm.
The valuation. The asking price of €545,000 is slightly below the calculated fair value of €558,259, which represents a difference of €13,259 (2.4%). This property is fairly priced in the current market environment.
Fair value modelled at €558,259 from 6 comparable sales in the area. Asking €545,000 sits €13,259 (2.4%) below — the upside to fair value.
Asking €545,000 versus the Budens, Vila do Bispo, Faro area baseline of €453,303 (€3,084/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 €453,303, adjusted for condition and micro-location, gives a modelled fair value of €558,259 (€3,798/m²), a €13,259 (2.4%) gap versus the €545,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Budens · a79dc5 | Subject | €545,000 | €3,707 | — | 76 | 70 |
| Budens · 8341e4 | Active | €570,000 | €3,958 | 6.8% | 75 | 81 |
| Budens · 65a70e | Active | €445,000 | €3,272 | 11.7% | 75 | 74 |
| Budens · 4b92a5 | Active | €625,000 | €4,630 | 24.9% | 79 | 73 |
| Budens · 99f0e1 | Active | €745,000 | €3,706 | 0% | 78 | 75 |
| Median comp | €597,500 | €3,832 | 3.4% | 77 | 75 |
Long-term rental The 3-bed house in Budens offers a gross yield of 4.3%, which is consistent with the region's rental market dynamics. Given its fair valuation and decent condition rating of 79/100, it can attract steady long-term tenants, particularly due to the Algarve's appeal as a residential locale. Short-term vacation rental In the tourist-heavy Algarve region, this property could perform reasonably well as a short-term vacation rental, given its proximity to tourist amenities and moderate condition rating. However, with a fair valuation, the investment may offer limited upside in appreciation and yield compared to potential competition in the area. Buy-and-hold The property in Budens stands at a fair price, poised for stable appreciation given the Algarve's overall economic conditions and housing demand. Its solid condition and reasonable yield suggest the property could serve as a reliable long-term investment, albeit with limited potential for value increase in a saturated market.
Tenant turnover risk High tenant turnover is possible due to a tenant stability score of 70/100, which may lead to increased vacancy rates and associated costs.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Sign in to buy the report or use a credit
