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 166 m². Located Santa Bárbara de Nexe parish, Faro municipality, Faro district. Noteworthy Features: The property boasts a vegetable garden and mature olive and carob trees, enhancing its rural charm while providing sustainable living options in a private setting. Valuation Verdict: Fair.
The valuation. The asking price of €1,400,000 is significantly above the fair value of €771,474, representing a discrepancy of €628,526 (81.5%). This property is considered overpriced and not aligned with current market conditions.
Fair value modelled at €771,474 from 5 comparable sales in the area. Asking €1,400,000 sits €628,526 (81.5%) above — overpriced versus fair value.
Asking €1,400,000 versus the Santa Bárbara de Nexe, Faro, Faro area baseline of €644,144 (€3,880/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 87/100 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 €644,144, adjusted for condition and micro-location, gives a modelled fair value of €771,474 (€4,647/m²), a €628,526 (81.5%) gap versus the €1,400,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Bárbara de Nexe · cc9a8d | Subject | €1,400,000 | €8,434 | — | 85 | 62 |
| São Brás de Alportel · 19f6fc | Active | €950,000 | €3,310 | 60.8% | 80 | 71 |
| São Brás de Alportel · ba59aa | Active | €895,000 | €3,524 | 58.2% | 85 | 51 |
| Santa Bárbara de Nexe · 261cbd | Active | €1,450,000 | €4,647 | 44.9% | 85 | 55 |
| Santa Bárbara de Nexe · b32a2f | Active | €1,890,000 | €9,450 | 12.0% | 78 | 63 |
| Median comp | €1,200,000 | €4,086 | 51.6% | 83 | 59 |
Short-term vacation rental Given the property's location in the Algarve, known for its tourism, the current asking price significantly exceeds its fair value, indicating that the return on investment would be inadequate. With a gross yield of just 1.7%, this property is overpriced for short-term rental purposes. Long-term rental The property’s high asking price, in contrast to its fair value, suggests that long-term rental prospects may not justify the investment, especially with a yield of only 1.7%. Investors should be cautious, as the significant gap from the fair value indicates that the property is overpriced for long-term rental strategies. Buy-and-hold Investing in this property as a long-term hold is not advisable due to its steep price premium of 81.5% over fair value, which compromises potential future capital appreciation. Given the 1.7% gross yield and the current property valuation, this investment appears overpriced and lacks the fundamentals for sustainable long-term growth.
Economic Vulnerability The economic stability score of 55/100 indicates a potential risk due to local economic fluctuations that could impact tenant retention and property value.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
