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 163 m², built in 2009. Located Budens parish, Vila do Bispo municipality, Faro district. Noteworthy Features: This property includes a spectacular private rooftop terrace offering panoramic sea views, perfect for spectacular sunsets and spacious enough for entertaining or relaxing outdoors.
The valuation. The asking price of €535,000 is below the fair value of €619,104 by €84,104, indicating the property is subvalued by 13.6%.
Fair value modelled at €619,104 from 6 comparable sales in the area. Asking €535,000 sits €84,104 (13.6%) below — the upside to fair value.
Asking €535,000 versus the Budens, Vila do Bispo, Faro area baseline of €518,042 (€3,178/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 €518,042, adjusted for condition and micro-location, gives a modelled fair value of €619,104 (€3,798/m²), a €84,104 (13.6%) gap versus the €535,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Budens · 3a7277 | Subject | €535,000 | €3,282 | — | 76 | 72 |
| Budens · 19f709 | Active | €495,000 | €3,511 | 7.0% | 75 | 72 |
| Budens · a79dc5 | Active | €545,000 | €3,707 | 13.0% | 76 | 70 |
| Budens · f36646 | Active | €535,000 | €4,315 | 31.5% | 80 | 72 |
| Budens · 8341e4 | Active | €570,000 | €3,958 | 20.6% | 75 | 81 |
| Median comp | €540,000 | €3,833 | 16.8% | 76 | 72 |
Short-term vacation rental The potential for short-term vacation rentals is strong due to the property being subvalued by 13.6% and located near the Algarve coast, a popular tourist destination. With a gross yield of 4.1% and a condition rating of 79/100, this investment presents an attractive opportunity in a tourism-centric economy. Long-term rental The property’s fair value of €619,104 suggests a solid investment for long-term rental, especially given the demand in the neighbourhood, which has a solid tenant quality rating. A yield of 4.1% enhances the attractiveness of this strategy, with the property being well-positioned in a stable and growing rental market. Buy-and-hold Investing in this property for a buy-and-hold strategy is advisable, considering it is currently priced below its fair value and benefits from a robust local economy. With a good condition score of 79/100, the house may appreciate in value over time while generating steady rental income.
Economic Vulnerability: With an economic stability score of 60/100, the property may be at risk due to potential economic downturns affecting tenant demand and rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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