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, 1-bathroom house of 55 m², energy rating C. Located on rua José Cardoso, 12, Vila do Bispo e Raposeira parish, Vila do Bispo municipality, Faro district. This property features a charming balcony off the upper bedroom, perfect for enjoying scenic views of the traditional Algarve landscape.
The valuation. The asking price of €300,000 is significantly above the fair value of €216,546, resulting in an overpricing of €83,454 (38.5%). This indicates that the property is considered overpriced in the current market.
Fair value modelled at €216,546 from 6 comparable sales in the area. Asking €300,000 sits €83,454 (38.5%) above — overpriced versus fair value.
Asking €300,000 versus the rua José Cardoso, 12 area baseline of €198,411 (€3,607/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 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 €198,411, adjusted for condition and micro-location, gives a modelled fair value of €216,546 (€3,937/m²), a €83,454 (38.5%) gap versus the €300,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua José Cardoso, 12 | Subject | €300,000 | €5,455 | — | 70 | 78 |
| Vila do Bispo e Raposeira · 96c4aa | Active | €600,000 | €4,839 | 11.3% | 72 | 71 |
| Vila do Bispo e Raposeira · ba3a58 | Active | €335,000 | €6,204 | 13.7% | 74 | 63 |
| Vila do Bispo e Raposeira · 33bd89 | Active | €730,000 | €3,527 | 35.3% | 73 | 72 |
| Vila do Bispo e Raposeira · b3294f | Active | €600,000 | €3,093 | 43.3% | — | 71 |
| Median comp | €600,000 | €4,183 | 23.3% | 73 | 71 |
Short-term vacation rental: The property is priced at €300,000, which is 38.5% higher than its fair value of €216,546, indicating it is overpriced for the short-term rental market. With a gross yield of 0%, this investment lacks the financial viability typically expected from vacation rentals in a tourist-heavy area like the Algarve. Buy-and-hold: At €300,000, the property significantly exceeds its fair value of €216,546, marking it as overpriced for a buy-and-hold strategy. Given its condition rating of 73/100, potential capital appreciation may not offset the inherent investment risks. Luxury market: Valued at €300,000 against a fair value of €216,546, this property is overpriced and does not align with the expectations of the luxury market segment. With a neighbourhood score of 78/100, its appeal may be limited due to the inflated price compared to comparable luxury listings in the Algarve.
Economic and Tenant Stability Risk The economic stability and tenant stability scores of 75/100 indicate that while the property is relatively stable, there is a potential risk of economic downturns or tenant turnover affecting revenue.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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