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.
4-bedroom, 4-bathroom townhouse of 182 m², built in 2022, energy rating A. Located Santa Bárbara de Nexe parish, Faro municipality, Faro district. Property Highlights: The lower-ground floor offers extensive garage space for 4-6 cars and additional storage, a rare feature in townhouse developments, enhancing practicality for modern living. Location Benefits: Nestled in a secure condominium in Santa Bárbara de Nexe, it provides close proximity to local amenities and beautiful Mediterranean beaches. Outdoor Living: The private roof terrace boasts a built-in BBQ and kitchen area, perfect for entertaining while enjoying panoramic Atlantic views. Amenities: Enjoy access to a communal lagoon-style pool, ideal for leisurely afternoons without the maintenance responsibilities of private ownership.
The valuation. The asking price of €995,000 is €90,097 or 10.0% above the fair value of €904,903, indicating that the property is fairly priced in the current market. This suggests that buyers are getting a value consistent with similar properties in the area.
Fair value modelled at €904,903 from 6 comparable sales in the area. Asking €995,000 sits €90,097 (10.0%) above — overpriced versus fair value.
Asking €995,000 versus the Santa Bárbara de Nexe, Faro, Faro area baseline of €775,621 (€4,262/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €775,621, adjusted for condition and micro-location, gives a modelled fair value of €904,903 (€4,972/m²), a €90,097 (10.0%) gap versus the €995,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Bárbara de Nexe · 1623b6 | Subject | €995,000 | €5,467 | — | 80 | 64 |
| autoestrada EM520-1, 340 | Active | €2,250,000 | €4,611 | 15.7% | 85 | 72 |
| Santa Bárbara de Nexe · b329b3 | Active | €1,600,000 | €5,333 | 2.4% | 78 | 62 |
| Santa Bárbara de Nexe · 8ee30e | Active | €840,000 | €5,793 | 6.0% | 78 | 63 |
| Santa Bárbara de Nexe · d748c1 | Active | €840,000 | €5,793 | 6.0% | 80 | 62 |
| Median comp | €1,220,000 | €5,563 | 1.8% | 79 | 63 |
Short-term vacation rental The property’s gross yield of 3% suggests it may not generate the expected cash flow for short-term vacation rentals in a competitive Algarve market. Given its fair value of €904,903, this townhouse does not present a clear opportunity to maximize income through vacation bookings. Buy-and-hold With a fair valuation at €995,000 and a moderate gross yield of 3%, this property may not provide the necessary return for a buy-and-hold investment strategy in the long term. Its average neighborhood rating of 64/100 may hinder appreciation, making it a less attractive option for those looking to build equity over time. Family rental The townhouse could serve as a family rental option, but its fair value indicates it is priced at a point that may limit potential profit margins. Specifically, the 3% yield and the condition score of 78/100 suggest that while it could attract families, the financial benefits may not be compelling enough for investors focused on rental income.
Economic and Tenant Stability Risk: The economic stability score of 60/100 and tenant stability score of 55/100 indicate a potential risk of fluctuating rental income and a higher chance of tenant turnover, which could affect the overall return on investment.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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