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, 4-bathroom house of 145 m², energy rating A. Located Santa Bárbara de Nexe parish, Faro municipality, Faro district. Noteworthy features: The property includes a registered borehole for water supply and installed electric vehicle charging, enhancing convenience and sustainability in a serene countryside setting.
The valuation. The asking price of €840,000 is significantly above the estimated fair value of €668,545. This reflects an overpriced status of €171,455 (25.6%).
Fair value modelled at €668,545 from 5 comparable sales in the area. Asking €840,000 sits €171,455 (25.6%) above — overpriced versus fair value.
Asking €840,000 versus the Santa Bárbara de Nexe, Faro, Faro area baseline of €553,612 (€3,818/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 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 €553,612, adjusted for condition and micro-location, gives a modelled fair value of €668,545 (€4,611/m²), a €171,455 (25.6%) gap versus the €840,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Bárbara de Nexe · d748c1 | Subject | €840,000 | €5,793 | — | 80 | 62 |
| autoestrada EM520-1, 340 | Active | €2,250,000 | €4,611 | 20.4% | 85 | 72 |
| Santa Bárbara de Nexe · 6fbc2e | Active | €1,950,000 | €4,779 | 17.5% | 85 | 66 |
| estrada de Loulé, 216A | Active | €1,290,000 | €4,418 | 23.7% | 82 | 67 |
| urbanização Bordeira | Active | €879,000 | €3,516 | 39.3% | 75 | 64 |
| Median comp | €1,620,000 | €4,515 | 22.1% | 84 | 67 |
Short-term vacation rental The property is overpriced at €840,000 compared to a fair value of €668,545, with a significant gap of 25.6%. With only a 1.8% gross yield, it does not present a compelling opportunity for investors looking for profitable vacation rental options in the Algarve's competitive market. Family rental Valued at 25.6% above its fair market value, this property does not offer adequate returns for potential family rental investors. The combination of a low 1.8% yield and a neighbourhood score of 62/100 suggests that this property will struggle to attract and retain quality tenants. Buy-and-hold With the current pricing set at €840,000, the property’s valuation is excessive relative to its fair value of €668,545, indicating it may not be an optimal choice for long-term investment. Investors should be cautious, as the low gross yield of 1.8% reflects a lack of financial upside in holding this asset over time.
Increased Vacancy Risk Due to an Economic Stability score of 55/100, there is a heightened possibility of tenant turnover and vacancies, impacting rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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