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.
2-bedroom, 3-bathroom house of 200 m², built in 2011, energy rating C. Located Santa Bárbara de Nexe parish, Faro municipality, Faro district. Noteworthy Features: The villa features an oversized custom closet in the master suite and a large basement of 90 m², offering significant potential for personalization and expansion.
The valuation. The asking price of €1,890,000 is significantly above the fair value of €1,036,948, reflecting a disparity of €853,052 (82.3%). This property is considered overpriced.
Fair value modelled at €1,036,948 from 6 comparable sales in the area. Asking €1,890,000 sits €853,052 (82.3%) above — overpriced versus fair value.
Asking €1,890,000 versus the Santa Bárbara de Nexe, Faro, Faro area baseline of €961,753 (€4,809/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 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 €961,753, adjusted for condition and micro-location, gives a modelled fair value of €1,036,948 (€5,185/m²), a €853,052 (82.3%) gap versus the €1,890,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Bárbara de Nexe · b32a2f | Subject | €1,890,000 | €9,450 | — | 78 | 63 |
| Santa Bárbara de Nexe · 4b99cc | Active | €995,000 | €5,293 | 44.0% | 75 | 69 |
| rua de Santo Antonio | Active | €1,150,000 | €6,497 | 31.2% | 80 | 61 |
| Santa Bárbara de Nexe · 9116b5 | Active | €1,499,000 | €8,517 | 9.9% | 82 | 63 |
| São Brás de Alportel · ba59aa | Active | €895,000 | €3,524 | 62.7% | 85 | 51 |
| Median comp | €1,072,500 | €5,895 | 37.6% | 81 | 62 |
Short-term vacation rental While the property is situated in the Algarve, a popular tourist area, its current listing price of €1,890,000 is significantly above the fair value of €1,036,948, resulting in an 82.3% gap that hinders its attractiveness for short-term rentals. Additionally, with a gross yield of 0%, this investment lacks the necessary financial return potential for vacation rental operations. Long-term rental The property is priced at €1,890,000, which clearly exceeds its fair value of €1,036,948 by 82.3%, making it an unappealing option for potential long-term rental investments. Furthermore, the neighborhood's quality rating of 63/100 suggests that tenant demand may be limited, further impacting the viability of this strategy. Buy-and-hold At a listing price of €1,890,000, this property is overpriced in relation to its fair value of €1,036,948, reflecting an 82.3% gap that diminishes its potential as a buy-and-hold investment. The current condition rating of 81/100 does not compensate for the lack of financial return, making this a less favorable option for long-term appreciation.
Economic Vulnerability The economic stability score of 50/100 indicates a potential for financial fluctuations that could impact rental income and property value.
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