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, 1-bathroom house of 198 m², built in 1950, energy rating E. Located Santa Bárbara de Nexe parish, Faro municipality, Faro district. The property includes a large plot that integrates part of the National Ecological Reserve (REN), ensuring preservation of the surrounding natural environment and enhancing its appeal for eco-conscious buyers.
The valuation. The asking price of €550,000 sits €74,492 (15.7%) above its fair value of €475,508. This property is considered overpriced in the current market conditions.
Fair value modelled at €475,508 from 6 comparable sales in the area. Asking €550,000 sits €74,492 (15.7%) above — overpriced versus fair value.
Asking €550,000 versus the Santa Bárbara de Nexe, Faro, Faro area baseline of €489,942 (€2,474/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 49/100 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 €489,942, adjusted for condition and micro-location, gives a modelled fair value of €475,508 (€2,402/m²), a €74,492 (15.7%) gap versus the €550,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Bárbara de Nexe · 51c9a0 | Subject | €550,000 | €2,778 | — | — | 71 |
| Santa Bárbara de Nexe · 53cdcc | Active | €350,000 | €2,448 | 11.9% | 55 | 66 |
| Almancil · 133b01 | Active | €475,000 | €4,750 | 71.0% | 50 | 62 |
| Almancil · 388e62 | Active | €350,000 | €3,431 | 23.5% | 45 | 64 |
| Santa Bárbara de Nexe · 4b8a55 | Active | €997,500 | €1,915 | 31.1% | — | 65 |
| Median comp | €412,500 | €2,940 | 5.8% | 50 | 65 |
Long-term rental The property is priced at €550,000, which is 15.7% above its fair value of €475,508, indicating a significant cost relative to expected returns. With a gross yield of 5.3%, the rental income does not sufficiently justify the high purchase price, suggesting an unfavorable investment landscape for landlords seeking long-term returns. Short-term vacation rental At €550,000, this property is overpriced, as it surpasses its fair value by 15.7%. While the 5.3% gross yield may appeal to some investors, the elevated cost compared to market benchmarks risks diminishing profitability in the competitive vacation rental sector. Buy-and-hold The current asking price of €550,000 reflects an overvaluation of 15.7% against the fair value of €475,508. Investors utilizing a buy-and-hold strategy may find the property’s yield of 5.3% inadequate given its heightened initial acquisition cost, leading to doubts about long-term appreciation and cash flow performance.
[Economic Vulnerability] With an economic stability score of 65/100, there is a heightened risk of fluctuating market conditions impacting property demand and tenant retention.
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
