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 house of 141 m², energy rating D. Located Budens parish, Vila do Bispo municipality, Faro district. This property includes an independent annex with a bathroom and kitchen installation potential, ideal for guests or as a potential rental unit, enhancing its investment appeal.
The valuation. The asking price of €495,000 is €32,209 (7.0%) above the fair value of €462,791. This positions the property at a fair valuation amidst the comparative market.
Fair value modelled at €462,791 from 5 comparable sales in the area. Asking €495,000 sits €32,209 (7.0%) above — overpriced versus fair value.
Asking €495,000 versus the Budens, Vila do Bispo, Faro area baseline of €372,639 (€2,643/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €372,639, adjusted for condition and micro-location, gives a modelled fair value of €462,791 (€3,282/m²), a €32,209 (7.0%) gap versus the €495,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Budens · 787f22 | Subject | €495,000 | €3,511 | — | 75 | 64 |
| Budens · 3a7277 | Active | €535,000 | €3,282 | 6.5% | 76 | 72 |
| Budens · a79dc5 | Active | €545,000 | €3,707 | 5.6% | 76 | 70 |
| Budens · 86cab0 | Active | €495,000 | €3,000 | 14.5% | 72 | 79 |
| Budens · 8341e4 | Active | €570,000 | €3,958 | 12.8% | 75 | 81 |
| Median comp | €540,000 | €3,495 | 0.5% | 76 | 76 |
Short-term vacation rental Given its fair valuation, this property in Budens has a gross yield of 3.5%, which is typical for the Algarve region's vacation rental market. The property's condition score of 78/100 and its location within a tourism-dependent area make it suitable for short-term rental opportunities, though yield potential remains moderate. Buy-and-hold With a fair value at €462,791, this property presents a decent opportunity for long-term appreciation in Budens, supported by the region's consistent tourism influx. The neighborhood's quality is somewhat low at 64/100, which may limit long-term capital growth compared to other areas, yet still aligns with regional trends. Value-add renovation The property’s respectable condition rating of 78/100 implies that a strategic renovation could enhance its appeal and rental functionality, justifying its fair market price. While the current gap from fair value is minimal at 7.0%, targeted improvements might unlock further value and yield potential over time.
Tenant volatility risk The tenant stability score of 55/100 indicates a higher likelihood of tenant turnover, which may lead to increased vacancy rates and potential income loss.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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