The term is used in South America, and refers to somebody who is exceptionally good looking, so therefore it is a compliment, and tends to be used for men only. It is both a noun and an adjective; the noun has three different forms:
-pl m "Facheros"
-pl f "Facheras"
-m "Fachero"
-f "Fachera"
-pl m "Facheros"
-pl f "Facheras"
-m "Fachero"
-f "Fachera"
by El Fachero May 08, 2009