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.
0-bedroom, 0-bathroom country_house of 140 m². Located Santa Bárbara de Nexe parish, Faro municipality, Faro district. Unique opportunity with a spacious 7,960 m² rural plot featuring multiple fruit trees, a water well, and traditional wells, ideal for creating a personalized retreat or tourist project.
The valuation. The asking price of €690,000 is significantly above the fair value of €157,724, indicating an overvaluation of €532,276 (77.1%). This property is overpriced and does not present a sound investment.
Fair value modelled at €157,724 from the area baseline, adjusted for condition and location. Asking €690,000 sits €532,276 (77.1%) above — overpriced versus fair value.
Asking €690,000 versus the Santa Bárbara de Nexe, Faro, Faro area baseline of €532,140 (€3,801/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 32/100 (Condition 30 · Materials 35 · Room dimensions 30). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 63/100 (Housing Market 75 · Amenities 65 · Economic 55 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
Santa Bárbara de Nexe, Faro, Faro
Area baseline €532,140 + condition -€95,156 + location +€12,500 = modelled fair value of €157,724 (€1,127/m²), a €532,276 (77.1%) gap versus the €690,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Bárbara de Nexe · 389d23 | Subject | €690,000 | €4,929 | — | 30 | 63 |
| rua de Loule | Active | €890,000 | €3,956 | 19.7% | — | 62 |
| Santa Bárbara de Nexe · 4b8a55 | Active | €997,500 | €1,915 | 61.2% | — | 65 |
| Loulé (São Clemente) · 82c74a | Active | €780,000 | €5,571 | 13.0% | 71 | 76 |
| Santa Bárbara de Nexe · 023cb3 | Active | €1,370,000 | €5,269 | 6.9% | — | 68 |
| Median comp | €943,750 | €4,613 | 6.4% | 71 | 67 |
Short-term vacation rental The property in Santa Bárbara de Nexe, listed at €690,000, shows a significant gap of 77.1% from its fair value of €157,724, indicating it is overpriced for this strategy. With a gross yield of only 1.6% and a condition rating of 32/100, it may struggle to attract vacation renters seeking value. Buy-and-hold Acquiring this property for a buy-and-hold strategy is not advisable, as it is overpriced at €690,000 compared to a fair value of €157,724, representing a 77.1% premium. The low gross yield of 1.6% paired with a poor condition score of 32/100 further diminishes its attractiveness for long-term investment. Value-add renovation Investing in value-add renovations on this property may not yield desirable returns since it is currently overpriced at €690,000, significantly exceeding its fair value of €157,724 by 77.1%. Additionally, with a condition rating of 32/100, the potential for cost-effective improvements may not justify the initial investment given the high entry price.
Economic and Tenant Stability Risk With both economic and tenant stability scores at 55/100, there is a significant risk of volatility in rental income and potential vacancies, which could impact overall investment returns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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