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.
7-bedroom, 7-bathroom country_house of 450 m², energy rating B. Located on travessa da Azenha, 28A, Odiáxere parish, Lagos municipality, Faro district. Noteworthy Features: The property includes three independent structures for additional flexibility, featuring a gym, yoga studio, and a guest annex, enhancing its appeal for both personal and rental use.
The valuation. The asking price of €4,650,000 is significantly above its fair value of €1,772,219, indicating it is overpriced by €2,877,781 (61.9%). This discrepancy suggests caution for potential buyers considering investment. Buy-to-flip angle. A wholesale strategy could attempt to capitalize on local tourism trends by renovating and quickly reselling the property, yet the current price makes immediate resale challenging without substantial value appreciation. Buy-to-let angle. Given the €4,650,000 asking price, achieving a sustainable rental income appears unfeasible, especially with a gross yield of 0%, indicating a lack of positive cash flow potential for long-term rental strategies.
Fair value modelled at €1,772,219 from the area baseline, adjusted for condition and location. Asking €4,650,000 sits €2,877,781 (61.9%) above — overpriced versus fair value.
Asking €4,650,000 versus the travessa da Azenha, 28A area baseline of €1,571,400 (€3,492/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 (Condition 80 · Materials 88 · Room dimensions 85). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
travessa da Azenha, 28A
Area baseline €1,571,400 + condition +€56,250 + location +€144,569 = modelled fair value of €1,772,219 (€3,938/m²), a €2,877,781 (61.9%) gap versus the €4,650,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa da Azenha, 28A | Subject | €4,650,000 | €10,333 | — | 80 | 73 |
| Odiáxere · f360bb | Active | €2,990,000 | €4,746 | 54.1% | — | 70 |
| rua do Alecrim, 4 | Active | €3,200,000 | €8,399 | 18.7% | 85 | 70 |
| urbanização Monte Canelas | Active | €1,580,000 | €5,163 | 50.0% | 80 | 71 |
| Odiáxere · bf27b9 | Active | €8,000,000 | €44,944 | 334.9% | 78 | 70 |
| Median comp | €3,095,000 | €6,781 | 34.4% | 80 | 70 |
Short-term vacation rental This property, with a listing price of €4,650,000, is significantly above its fair value of €1,772,219, creating a 61.9% gap indicative of being overpriced. The absence of gross yield at 0% and a seasonal economy may hinder profitability despite the popularity of the tourist-driven local market. Long-term rental The current asking price of €4,650,000 far exceeds the fair value of €1,772,219, signaling a significant 61.9% overpricing. Given the low gross yield and economic seasonality, long-term rental investment in this property may not provide satisfactory returns for potential landlords. Buy-and-hold Priced at €4,650,000 and well above the fair value of €1,772,219, the property is 61.9% overpriced, posing considerable risk for a buy-and-hold strategy. The lack of gross yield and seasonal economic fluctuations suggest that potential appreciation might not justify the initial investment. Not ideal for: Student housing, Industrial development, Agricultural investment
Economic Vulnerability The economic stability score of 65/100 indicates potential exposure to economic downturns that could impact rental income and property value.
