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 apartment of 145 m², built in 1985, energy rating A. Located Santa Bárbara de Nexe parish, Faro municipality, Faro district. Noteworthy Features: The property includes a dedicated gym overlooking the garden, and its summer kitchen ensures seamless outdoor entertaining by the private pool. Energy Efficiency: Equipped with a 3 kW battery storage system for solar energy, enhancing sustainability.
The valuation. The asking price of €795,000 sits just above the fair value of €766,507 by €28,493 (3.7%). This positions the property as fairly valued, appealing to discerning investors seeking quality without overextension.
Fair value modelled at €766,507 from 6 comparable sales in the area. Asking €795,000 sits €28,493 (3.7%) above — overpriced versus fair value.
Asking €795,000 versus the Santa Bárbara de Nexe, Faro, Faro area baseline of €647,766 (€4,467/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 €647,766, adjusted for condition and micro-location, gives a modelled fair value of €766,507 (€5,286/m²), a €28,493 (3.7%) gap versus the €795,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Bárbara de Nexe · efdd9e | Subject | €795,000 | €5,483 | — | 80 | 72 |
| Santa Bárbara de Nexe · 653054 | Active | €479,950 | €4,000 | 27.1% | 75 | 70 |
| Santa Bárbara de Nexe · d748c1 | Active | €840,000 | €5,793 | 5.7% | 80 | 62 |
| Santa Bárbara de Nexe · 3a73ed | Active | €1,400,000 | €7,778 | 41.9% | 80 | 61 |
| Santa Bárbara de Nexe · 8ee30e | Active | €840,000 | €5,793 | 5.7% | 78 | 63 |
| Median comp | €840,000 | €5,793 | 5.7% | 79 | 63 |
Short-term vacation rental The property may be appealing for short-term vacation rentals due to its proximity to the Algarve coast, which typically attracts high tourist numbers. However, with a yield of 0% gross and a fair value only marginally lower than the asking price, investors should approach this opportunity cautiously. Long-term rental While the safety of the area and decent condition score of 83/100 may make the property suitable for long-term rental, the high asking price relative to fair value limits its attractiveness. The low yield further suggests that returns may not meet investor expectations in a competitive rental market. Buy-and-hold Investing in this property for a buy-and-hold strategy poses challenges, as the fair valuation indicates limited immediate financial upside. Given the 3.7% gap to fair value and a stagnant yield, potential appreciation may not sufficiently justify the investment risk over the long term.
Economic vulnerability due to moderate scores The economic stability score of 65/100 indicates potential vulnerability to downturns, which may affect tenant retention reflected in the tenant stability score of 70/100.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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