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.
10-bedroom, 8-bathroom country_house of 449 m², energy rating C. Located Odiáxere parish, Lagos municipality, Faro district. Noteworthy Features: The property includes several annexes with a licensed conversion for local accommodation and offers extensive horse enclosures alongside a well-maintained swimming pool area.
The valuation. The asking price of €2,900,000 is significantly above the fair value of €1,684,305, representing an overvaluation of €1,215,695 (41.9%). This property is overpriced relative to its assessed market value.
Fair value modelled at €1,684,305 from the area baseline, adjusted for condition and location. Asking €2,900,000 sits €1,215,695 (41.9%) above — overpriced versus fair value.
Asking €2,900,000 versus the Odiáxere, Lagos, Faro area baseline of €1,579,133 (€3,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 80 · Room dimensions 74). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 68/100 (Housing Market 70 · Amenities 70 · Economic 55 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Odiáxere, Lagos, Faro
Area baseline €1,579,133 + condition +€3,508 + location +€112,889 = modelled fair value of €1,684,305 (€3,751/m²), a €1,215,695 (41.9%) gap versus the €2,900,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Odiáxere · da266b | Subject | €2,900,000 | €6,459 | — | 72 | 68 |
| travessa da Azenha, 28A | Active | €4,650,000 | €10,333 | 60.0% | 80 | 73 |
| rua do Alecrim, 4 | Active | €3,200,000 | €8,399 | 30.0% | 85 | 70 |
| beco da Alegria | Active | €1,500,000 | €5,814 | 10.0% | — | 73 |
| Odiáxere · f360bb | Active | €2,990,000 | €4,746 | 26.5% | — | 70 |
| Median comp | €3,095,000 | €7,107 | 10.0% | 83 | 72 |
Short-term vacation rental Given the high asking price of €2,900,000 for this property, which significantly exceeds its fair value of €1,684,305, the potential returns are severely compromised with a gross yield of 0%. This suggests that the property is not suited for short-term vacation rental investments in a region where tourism is prevalent but employment opportunities are seasonal. Buy-and-hold Investing in this property as a long-term buy-and-hold strategy does not align with the current market dynamics, particularly since it is overpriced by 41.9%. The lack of appreciation potential, alongside a fair value significantly lower than the market listing, indicates that holding this asset would likely yield disappointing results. Value-add renovation Although renovations could enhance the appeal of this country house, the current market valuation of €2,900,000 suggests a substantial financial risk, as it exceeds the property’s fair value by 41.9%. Consequently, there is limited upside potential post-renovation, which diminishes the attractiveness of pursuing a value-add strategy in this context.
Economic vulnerability The economic stability score of 55/100 suggests potential risks due to fluctuations in the local economy that may affect tenant demand and rental income.
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
