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, 3-bathroom house of 300 m², built in 1999, energy rating B. Located Santa Bárbara de Nexe parish, Faro municipality, Faro district. Noteworthy Features: This property includes a sauna for four, an outdoor lounge convertible into a cinema, and an artesian well providing eco-friendly water supply. Location and Views: Enjoy a panoramic view of the countryside extending to the ocean from various areas.**
The valuation. The asking price of €1,600,000 is €175,790 (12.3%) above the fair value of €1,424,210, indicating that the property is overpriced and may not attract buyers at this price point.
Fair value modelled at €1,424,210 from 6 comparable sales in the area. Asking €1,600,000 sits €175,790 (12.3%) above — overpriced versus fair value.
Asking €1,600,000 versus the Santa Bárbara de Nexe, Faro, Faro area baseline of €1,314,971 (€4,383/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €1,314,971, adjusted for condition and micro-location, gives a modelled fair value of €1,424,210 (€4,747/m²), a €175,790 (12.3%) gap versus the €1,600,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Bárbara de Nexe · b329b3 | Subject | €1,600,000 | €5,333 | — | 78 | 62 |
| estrada de Loulé, 216A | Active | €1,290,000 | €4,418 | 17.2% | 82 | 67 |
| Santa Bárbara de Nexe · 8ee30e | Active | €840,000 | €5,793 | 8.6% | 78 | 63 |
| Santa Bárbara de Nexe · 6eba58 | Active | €3,500,000 | €10,294 | 93.0% | 88 | 63 |
| urbanização Bordeira | Active | €879,000 | €3,516 | 34.1% | 75 | 64 |
| Median comp | €1,084,500 | €5,106 | 4.3% | 80 | 64 |
Short-term vacation rental The property is overpriced, with a 12.3% gap from its fair value of €1,424,210, which may hinder profitability in the competitive vacation rental market. Given the area's reliance on tourism, generating a sustainable yield of 3.9% gross might be challenging during off-peak seasons. Buy-and-hold Investing in this property as a buy-and-hold strategy seems less favorable as the current pricing exceeds fair value, indicating lower potential for long-term appreciation. The modest condition rating of 80/100 and a neighborhood score of 62/100 further suggest limited upside in a primarily tourist-reliant economy. Family rental Positioning this property as a family rental might not yield positive results due to its overpriced status, making it less appealing for long-term tenants. Additionally, the limited economic diversification in the area could pose risks for sustained family occupancy and rental income stability.
Economic and Tenant Instability With an economic stability score of 55 and a tenant stability score of 50, there is a heightened risk of fluctuating income due to potential tenant turnover and economic volatility in the area.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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