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 apartment of 99 m², built in 1991, energy rating E. Located Budens parish, Vila do Bispo municipality, Faro district. Noteworthy Features: The apartment includes high-quality, contemporary fixtures and large windows that maximize natural light, enhancing the overall aesthetic and comfort of the living space.
The valuation. The asking price of €390,000 is €26,692 (7.3%) above the fair value of €363,308. This pricing reflects a fair valuation, indicating the property is reasonably priced within the current market context.
Fair value modelled at €363,308 from 6 comparable sales in the area. Asking €390,000 sits €26,692 (7.3%) above — overpriced versus fair value.
Asking €390,000 versus the Budens, Vila do Bispo, Faro area baseline of €288,105 (€2,910/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 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 €288,105, adjusted for condition and micro-location, gives a modelled fair value of €363,308 (€3,670/m²), a €26,692 (7.3%) gap versus the €390,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Budens · 53ca1b | Subject | €390,000 | €3,939 | — | 85 | 63 |
| Budens · 831161 | Active | €495,000 | €3,511 | 10.9% | 82 | 70 |
| Budens · 6d54e8 | Active | €1,200,000 | €7,742 | 96.5% | 85 | 72 |
| urbanização Lematur | Active | €385,000 | €3,632 | 7.8% | 75 | 71 |
| Budens · 89e61b | Active | €340,000 | €6,182 | 56.9% | 72 | 71 |
| Median comp | €440,000 | €4,907 | 24.6% | 79 | 71 |
Short-term vacation rental Despite the attractive tourist region of Algarve, the fair valuation of €363,308 indicates that the property is priced fairly at €390,000, highlighting limited potential for profit in the short-term rental market. Additionally, the 0% gross yield poses a challenge in achieving cash flow stability from vacation rentals. Long-term rental As the property is priced at €390,000, which is only marginally above the fair value of €363,308, it may serve as a stable long-term rental opportunity, albeit without significant short-term gains. However, the lack of yield at 0% raises concerns about the property's cash flow viability for long-term landlords. Buy-and-hold Investing in this property as a buy-and-hold strategy may be considered, given its fair valuation, though the current price of €390,000 limits immediate capital appreciation opportunities. The stable neighbourhood indicators, coupled with potential seasonal demand, suggest modest long-term appreciation potential despite the zero yield.
Economic Vulnerability With an economic stability score of 45/100, the property is at a heightened risk of declining income and potential vacancy due to economic downturns.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
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.
Log in to buy the report or use a credit
