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.
4-bedroom, 4-bathroom house of 312 m², built in 1976, energy rating D. Located Santa Bárbara de Nexe parish, Faro municipality, Faro district. This property offers significant potential for future expansion or redevelopment, given its urban classification and generous land size of 3,567 m², enhancing investment opportunities.
The valuation. The asking price of €1,450,000 is significantly above the fair value of €585,418, representing an overpricing of €864,582, or 59.6%. This could deter potential buyers seeking a reasonable investment.
Fair value modelled at €585,418 from the area baseline, adjusted for condition and location. Asking €1,450,000 sits €864,582 (59.6%) above — overpriced versus fair value.
Asking €1,450,000 versus the Santa Bárbara de Nexe, Faro, Faro area baseline of €535,704 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 (Condition 85 · Materials 82 · Room dimensions 84). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 55/100 (Housing Market 60 · Amenities 55 · Economic 45 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Santa Bárbara de Nexe, Faro, Faro
Area baseline €535,704 + condition +€39,000 + location +€10,714 = modelled fair value of €585,418 (€1,876/m²), a €864,582 (59.6%) gap versus the €1,450,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Bárbara de Nexe · 261cbd | Subject | €1,450,000 | €4,647 | — | 85 | 55 |
| Santa Bárbara de Nexe · 38b3cc | Active | €1,680,000 | €5,045 | 8.6% | 78 | 74 |
| São Brás de Alportel · ba59aa | Active | €895,000 | €3,524 | 24.2% | 85 | 51 |
| rua de Santo Antonio | Active | €1,150,000 | €6,497 | 39.8% | 80 | 61 |
| São Brás de Alportel · 25f63e | Active | €875,000 | €4,972 | 7.0% | 80 | 59 |
| Median comp | €1,022,500 | €5,009 | 7.8% | 80 | 60 |
Long-term rental The property is overpriced at €1,450,000, significantly exceeding its fair value of €585,418, yielding only a 3% gross return. Given its high price relative to expected rental income and the neighbourhood score of 55/100, long-term rental prospects are unappealing. Buy-and-hold With a listing price that is 59.6% above fair value, this property does not support a sensible buy-and-hold investment strategy. Despite a decent condition score of 84/100, the potential for appreciation is limited due to the significant gap between market price and fair value.
Economic vulnerability due to low scores The property has an economic stability score of 45/100, indicating a significant risk associated with potential income fluctuations and economic downturns that could affect tenant retention and rental income.
