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, 2-bathroom house of 220 m², energy rating D. Located Santa Bárbara de Nexe parish, Faro municipality, Faro district. Noteworthy Features: The property includes a solarium with panoramic sea and mountain views, as well as a Mediterranean garden with automatic irrigation and a variety of fruit trees.
The valuation. The asking price of €1,190,000 is positioned favorably against the fair value of €1,393,023, showing a difference of €203,023 (14.6%). This property is underpriced, presenting a solid opportunity for investment.
Fair value modelled at €1,393,023 from 6 comparable sales in the area. Asking €1,190,000 sits €203,023 (14.6%) below — the upside to fair value.
Asking €1,190,000 versus the Santa Bárbara de Nexe, Faro, Faro area baseline of €1,167,727 (€5,308/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €1,167,727, adjusted for condition and micro-location, gives a modelled fair value of €1,393,023 (€6,332/m²), a €203,023 (14.6%) gap versus the €1,190,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Bárbara de Nexe · 7882f0 | Subject | €1,190,000 | €5,409 | — | 80 | 66 |
| caminho de Benatrite | Active | €1,499,000 | €8,517 | 57.5% | 80 | 61 |
| Santa Bárbara de Nexe · 3a70f9 | Active | €1,150,000 | €6,497 | 20.1% | 85 | 62 |
| Santa Bárbara de Nexe · f10c21 | Active | €740,000 | €6,167 | 14.0% | 75 | 70 |
| Santa Bárbara de Nexe · 4b99cc | Active | €995,000 | €5,293 | 2.2% | 75 | 69 |
| Median comp | €1,072,500 | €6,332 | 17.1% | 78 | 66 |
Short-term vacation rental The property’s location near Albufeira, a key tourist area in the Algarve, makes it well-suited for short-term vacation rentals. With a fair value of €1,393,023 and a current listing price of €1,190,000, it presents an attractive opportunity for generating rental income. Buy-and-hold Considering the estimated fair value of €1,393,023, this property demonstrates potential for long-term appreciation, particularly given its proximity to a major economic driver like tourism. The 2.6% gross yield combined with the favorable market conditions suggests that holding this asset can yield satisfactory returns over time. Family rental This 3-bedroom house appeals to families seeking housing in a safe, family-friendly neighborhood within the Algarve. Although the current assessment shows a gap in value, the property can provide stable rental income with its condition rating of 85/100 and the community’s strong appeal for families.
Economic and Tenant Stability Risk The property may face challenges due to a lower than average economic stability score of 62 and a tenant stability score of 55, indicating potential issues with tenant retention and income reliability.
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