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 country_house of 215 m², built in 2006, energy rating D. Located Budens parish, Vila do Bispo municipality, Faro district. Noteworthy Features: The charming property includes a self-contained 2-bedroom apartment with separate access, an outdoor courtyard with a bread oven and BBQ, perfect for summer gatherings.
The valuation. The asking price of €600,000 sits €133,666 (18.2%) below the fair value of €733,666. This indicates the property is underpriced, presenting a unique investment opportunity for buyers.
Fair value modelled at €733,666 from 6 comparable sales in the area. Asking €600,000 sits €133,666 (18.2%) below — the upside to fair value.
Asking €600,000 versus the Budens, Vila do Bispo, Faro area baseline of €631,359 (€2,937/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 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 €631,359, adjusted for condition and micro-location, gives a modelled fair value of €733,666 (€3,412/m²), a €133,666 (18.2%) gap versus the €600,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Budens · efdc35 | Subject | €600,000 | €2,791 | — | 72 | 74 |
| Budens · 86cab0 | Active | €495,000 | €3,000 | 7.5% | 72 | 79 |
| Budens · ade5af | Active | €375,000 | €2,976 | 6.6% | 70 | 73 |
| Budens · 19f709 | Active | €495,000 | €3,511 | 25.8% | 75 | 72 |
| Budens · 8341e4 | Active | €570,000 | €3,958 | 41.8% | 75 | 81 |
| Median comp | €495,000 | €3,256 | 16.7% | 74 | 76 |
Short-term vacation rental This property, listed at €600,000, is well-positioned for short-term vacation rentals due to the local tourism influence, offering a 5.1% gross yield. Given its gap to fair value at 18.2%, the investment presents significant potential for cash flow and capital appreciation. Buy-and-hold As a buy-and-hold investment, this property stands out with its fair value of €733,666 compared to its listing price, suggesting strong likelihood for appreciation in the valued tourism-driven Algarve market. The property’s decent condition rating of 70/100 further underscores its stability as a long-term asset. Family rental With a neighborhood rating of 74/100 and local amenities bolstered by tourism, this property is an attractive option for family rentals in Budens. The current listing price reflects an opportunity to benefit from a growing demand for quality family housing in this appealing region, while staying below fair market value. Not ideal for student housing Given the family-oriented nature of the area and lack of local educational institutions, this property is not suited for student housing. The investment appeal lies more in its vacation rental and long-term family rental potential rather than in the student accommodation market. Not ideal for Value-add renovation The existing condition rated at 70/100 indicates that significant renovations are not required to maintain rental viability, making it less ideal for a value-add renovation strategy. Investors seeking to enhance property value through extensive improvements may not find this opportunity aligned with their goals. Not ideal for High-risk investments With stable local amenities and a low crime rate, this property offers a more secure investment landscape, making it unsuitable for high-risk investment strategies. The lower-risk profile is evidenced by the solid gross yield and fair value assessment, favoring investors looking for stability over risk.
Market Volatility Risk: With both economic stability and tenant stability scores at 65/100, the property faces potential challenges in maintaining occupancy and rental income during economic downturns, reflecting a moderate risk level in the market.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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