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.
2-bedroom, 1-bathroom house of 54 m², energy rating D. Located Odiáxere parish, Lagos municipality, Faro district. Noteworthy Features: The property includes a semi-covered yard ideal for drying clothes and a fully remodeled open-space design that maximizes natural light, enhancing its cozy atmosphere.
The valuation. The asking price of €250,000 is €50,565 above the fair value of €199,435, indicating an overvaluation of 20.2%. This suggests limited potential for appreciation in the current market conditions.
Fair value modelled at €199,435 from the area baseline, adjusted for condition and location. Asking €250,000 sits €50,565 (20.2%) above — overpriced versus fair value.
Asking €250,000 versus the Odiáxere, Lagos, Faro area baseline of €158,328 (€2,932/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 73 · Materials 68 · Room dimensions 71). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 80 · Amenities 70 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Odiáxere, Lagos, Faro
Area baseline €158,328 + condition -€4,219 + location +€15,085 = modelled fair value of €199,435 (€3,693/m²), a €50,565 (20.2%) gap versus the €250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Odiáxere · 90d983 | Subject | €250,000 | €4,630 | — | 73 | 70 |
| Odiáxere · 49b829 | Active | €395,000 | €4,938 | 6.7% | — | 72 |
| Odiáxere · 49b707 | Active | €389,000 | €4,987 | 7.7% | 75 | 66 |
| rua da Bela Vista | Active | €420,000 | €3,925 | 15.2% | 70 | 78 |
| Odiáxere · f363a4 | Active | €595,000 | €3,628 | 21.6% | 73 | 73 |
| Median comp | €407,500 | €4,432 | 4.3% | 73 | 73 |
Short-term vacation rental While Odiáxere is a popular tourist destination, the property is overpriced by 20.2% above its fair value, limiting potential return on investment. The gross yield of 3.5% suggests that the income generated from short-term rentals will not sufficiently offset the market cost of the property. Buy-and-hold Investing in this property as a buy-and-hold strategy is questionable, given that it is priced significantly higher than its fair value. The lack of substantial appreciation potential, combined with the 3.5% yield, makes it less appealing for long-term capital growth. Family rental The property, while located in a decent neighborhood, is still overpriced, affecting its viability for family rental purposes. A 3.5% gross yield fails to provide adequate financial incentive considering the initial cost is 20.2% above fair value.
Economic vulnerability With an economic stability score of 60/100, the property is at risk of financial downturns that could impact tenant demand and rental income stability.
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