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 villa of 154 m², built in 2004. Located Budens parish, Vila do Bispo municipality, Faro district. This villa features an impressive roof terrace with panoramic views of Parque da Floresta Golf Course and glimpses of the Atlantic Ocean, enhancing its appeal for outdoor living.
The valuation. The asking price of €535,000 is slightly below the fair value of €570,874, resulting in a fair valuation with a difference of €35,874 (6.3%). Buy-to-flip angle. This property offers a solid opportunity for resale after light renovations to enhance its appeal, targeting a quick turnover in the thriving Algarve market. Buy-to-let angle. With an estimated monthly rental income of €2,006, the property can achieve a gross yield of 4.5%, making it an attractive buy-and-hold investment strategy in a tourist-heavy area.
Fair value modelled at €570,874 from 6 comparable sales in the area. Asking €535,000 sits €35,874 (6.3%) below — the upside to fair value.
Asking €535,000 versus the Budens, Vila do Bispo, Faro area baseline of €439,315 (€2,853/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 €439,315, adjusted for condition and micro-location, gives a modelled fair value of €570,874 (€3,707/m²), a €35,874 (6.3%) gap versus the €535,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Budens · 2cdda5 | Subject | €535,000 | €3,474 | — | 90 | 72 |
| Budens · 8341e4 | Active | €570,000 | €3,958 | 13.9% | 75 | 81 |
| Budens · a79dc5 | Active | €545,000 | €3,707 | 6.7% | 76 | 70 |
| Budens · 3a7277 | Active | €535,000 | €3,282 | 5.5% | 76 | 72 |
| Budens · 65a70e | Active | €445,000 | €3,272 | 5.8% | 75 | 74 |
| Median comp | €540,000 | €3,495 | 0.6% | 76 | 73 |
Short-term vacation rental The property is situated in a tourist-heavy area of the Algarve, making it a feasible option for short-term vacation rentals. With a gross yield of 4.5%, it capitalizes on seasonal fluctuations in tourism but is fairly priced, limiting immediate profit upside. Buy-and-hold Acquiring the villa for a buy-and-hold strategy aligns with the ongoing demand for rental properties in the Algarve's tourism sector. While the fair value suggests stability, the property’s fair pricing may not yield significant appreciation potential in the short run. Value-add renovation Given the property’s condition rating of 84/100, there is limited scope for substantial value-add renovations without significant investment. Although fair priced at €535,000, any capital improvements may not warrant increased returns based on current market perceptions. Not ideal for: Student housing, Luxury market, Industrial development The property's location and profile do not cater to student housing, nor does it align with luxury market demands. Additionally, the absence of appropriate commercial zoning precludes any industrial development opportunities.
Tenant turnover risk With a tenant stability score of 70/100, there is a moderate risk of tenant turnover, which could impact cash flow and occupancy rates significantly if multiple units become vacant simultaneously.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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