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 238 m², built in 2005, energy rating B. Located Budens parish, Vila do Bispo municipality, Faro district. The property boasts expansive outdoor areas with traditional Portuguese stone terraces and a private BBQ area, ideal for entertaining and enjoying the Algarve climate year-round.
The valuation. The asking price of €1,150,000 is significantly above the fair value of €778,750, representing an overvaluation of €371,250 (47.7%). This discrepancy emphasizes the property’s overpriced status.
Fair value modelled at €778,750 from 5 comparable sales in the area. Asking €1,150,000 sits €371,250 (47.7%) above — overpriced versus fair value.
Asking €1,150,000 versus the Budens, Vila do Bispo, Faro area baseline of €638,639 (€2,683/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €638,639, adjusted for condition and micro-location, gives a modelled fair value of €778,750 (€3,272/m²), a €371,250 (47.7%) gap versus the €1,150,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Budens · 096e9e | Subject | €1,150,000 | €4,832 | — | 72 | 71 |
| Budens · 96c488 | Active | €579,000 | €3,217 | 33.4% | 75 | 75 |
| urbanização Lematur | Active | €595,000 | €4,132 | 14.5% | 80 | 68 |
| parque Florestal Golf de Santo António, 74 | Active | €472,000 | €3,085 | 36.2% | 80 | 68 |
| Budens · 023bc8 | Active | €525,000 | €4,234 | 12.4% | 76 | 76 |
| Median comp | €552,000 | €3,675 | 24.0% | 78 | 72 |
Short-term vacation rental The property is overpriced at €1,150,000 compared to the fair value of €778,750, indicating a gap of 47.7%. With a gross yield of only 2.2%, the financial returns for short-term rentals would be inadequate given the high entry cost. Buy-and-hold Investing in this property as a buy-and-hold strategy is not advisable due to its overpriced status, with a 47.7% discrepancy from fair value. The expected gross yield of 2.2% suggests limited profitability relative to investment risk after acquiring an overpriced asset. Family rental Acquiring this property for family rental purposes presents challenges due to its overpriced listing, exceeding fair value by 47.7%. The yield of 2.2% does not justify the investment, as the premium price point reduces potential returns for a long-term tenant market.
Moderate economic risk With an economic stability score of 65/100, there is a moderate risk that fluctuations in the local economy could impact rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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