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, 1-bathroom house of 78 m², built in 2009, energy rating E. Located Odiáxere parish, Lagos municipality, Faro district. Noteworthy Features: The property boasts contemporary designs with double-glazed tilt-and-turn windows, enhancing energy efficiency and sound insulation, alongside a well-equipped outdoor patio for entertaining.
The valuation. The asking price of €389,000 is significantly above the fair value of €291,392, marking an overpriced status of €97,608 (25.1%). This discrepancy suggests a lack of alignment with current market fundamentals.
Fair value modelled at €291,392 from the area baseline, adjusted for condition and location. Asking €389,000 sits €97,608 (25.1%) above — overpriced versus fair value.
Asking €389,000 versus the Odiáxere, Lagos, Faro area baseline of €228,696 (€2,932/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 75 · Materials 78 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 66/100 (Housing Market 70 · Amenities 60 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Odiáxere, Lagos, Faro
Area baseline €228,696 + condition +€1,584 + location +€17,432 = modelled fair value of €291,392 (€3,736/m²), a €97,608 (25.1%) gap versus the €389,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Odiáxere · 49b707 | Subject | €389,000 | €4,987 | — | 75 | 66 |
| Odiáxere · 49b829 | Active | €395,000 | €4,938 | 1.0% | — | 72 |
| São Gonçalo de Lagos · 956b62 | Active | €420,000 | €3,925 | 21.3% | 75 | 71 |
| Odiáxere · 90d983 | Active | €250,000 | €4,630 | 7.2% | 73 | 70 |
| rua da Bela Vista | Active | €420,000 | €3,925 | 21.3% | 70 | 78 |
| Median comp | €407,500 | €4,278 | 14.2% | 73 | 72 |
Short-term vacation rental The property, listed at €389,000, is overpriced by 25.1% compared to its fair value of €291,392, making it a risky investment for short-term vacation rentals given the current market conditions. The 0% gross yield indicates the absence of immediate financial return, questioning the viability of this rental strategy. Buy-and-hold Investing in this property for a buy-and-hold strategy may not be prudent, as the fair value gap of 25.1% reflects a significant premium that could impact long-term appreciation potential. Coupled with a condition score of 76/100, this property may not generate sufficient returns to justify the current listing price. Long-term rental Given the pricing of €389,000, which exceeds the fair valuation by 25.1%, this property may not attract quality tenants or deliver expected rental yields over the long term. The low gross yield of 0% additionally suggests that the investment may not provide a reliable income stream in the long run.
Economic vulnerability With an economic stability score of 60/100, there is a significant risk of fluctuating market conditions adversely affecting property values and rental incomes.
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