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, 3-bathroom house of 234 m², built in 1999, energy rating D. Located Santa Bárbara de Nexe parish, Faro municipality, Faro district. This property features a private pool and panoramic views of the surrounding landscape, enhancing its appeal for both relaxation and entertaining.
The valuation. The asking price of €850,000 sits €50,694 below the fair value of €900,694, indicating this property is evaluated fairly within the current market. This presents a balanced opportunity for potential buyers in the Santa Bárbara de Nexe area.
Fair value modelled at €900,694 from 6 comparable sales in the area. Asking €850,000 sits €50,694 (5.6%) below — the upside to fair value.
Asking €850,000 versus the Santa Bárbara de Nexe, Faro, Faro area baseline of €897,425 (€3,835/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 is below the parish average, reducing 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 €897,425, adjusted for condition and micro-location, gives a modelled fair value of €900,694 (€3,849/m²), a €50,694 (5.6%) gap versus the €850,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Bárbara de Nexe · 8313b0 | Subject | €850,000 | €3,632 | — | 70 | 64 |
| rua das Amendoeiras | Active | €695,000 | €4,317 | 18.8% | 75 | 68 |
| beco da Laranjeira, 360A | Active | €650,000 | €4,012 | 10.5% | 72 | 71 |
| Santa Bárbara de Nexe · 438f3f | Active | €895,000 | €3,352 | 7.7% | 75 | 62 |
| Santa Bárbara de Nexe · 956997 | Active | €850,000 | €2,243 | 38.3% | 70 | 70 |
| Median comp | €772,500 | €3,682 | 1.4% | 74 | 69 |
Short-term vacation rental This property presents a fair investment opportunity as a short-term vacation rental, benefiting from the demand generated by the proximity to the Algarve coast and the area's tourism-driven economy. However, given the current yield of 4%, it may not fully capitalize on the potential rental income compared to other opportunities. Long-term rental The property maintains a fair valuation for long-term rental purposes, providing a steady income, although the gross yield of 4% suggests limited cash flow compared to market expectations. The 72/100 condition rating indicates reasonable maintenance, but the 64/100 neighborhood quality could affect tenant satisfaction and retention. Family rental As a family rental, this house may appeal to individuals seeking a stable and spacious living environment in a location with attractive amenities, although it is priced at fair value. The neighborhood's 64/100 rating may deter some families looking for higher-quality community features, impacting potential occupancy rates through economic fluctuations.
Economic and Tenant Volatility The economic stability score of 55 indicates potential fluctuations in local market conditions, while a tenant stability score of 60 suggests moderate uncertainty in tenant retention, both raising the risk of income instability from the property.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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