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, 3-bathroom duplex of 355 m², energy rating A+. Located Odiáxere parish, Lagos municipality, Faro district. This property features exceptional architectural design that harmoniously integrates indoor and outdoor living spaces while offering panoramic views of the Atlantic and natural landscapes.
The valuation. The asking price of €2,050,000 is substantially above the fair value of €1,398,084, indicating an excessive premium of €651,916 (31.8%) over market expectations. Thus, the property is deemed overpriced.
Fair value modelled at €1,398,084 from the area baseline, adjusted for condition and location. Asking €2,050,000 sits €651,916 (31.8%) above — overpriced versus fair value.
Asking €2,050,000 versus the Odiáxere, Lagos, Faro area baseline of €1,239,660 (€3,492/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 (Condition 80 · Materials 90 · 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 70). Strong amenities and housing-market momentum support a premium to baseline.
Odiáxere, Lagos, Faro
Area baseline €1,239,660 + condition +€44,375 + location +€114,049 = modelled fair value of €1,398,084 (€3,938/m²), a €651,916 (31.8%) gap versus the €2,050,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Odiáxere · 1e64b9 | Subject | €2,050,000 | €5,775 | — | 80 | 73 |
| Odiáxere · 1e64ae | Active | €660,000 | €7,586 | 31.4% | — | 72 |
| jardim das Calicas | Active | €1,595,000 | €5,145 | 10.9% | 83 | 72 |
| rua Luís de Stau Monteiro S / N | Active | €580,000 | €5,088 | 11.9% | 72 | 75 |
| Odiáxere · 937200 | Active | €1,990,000 | €4,234 | 26.7% | 84 | 69 |
| Median comp | €1,127,500 | €5,117 | 11.4% | 83 | 72 |
Short-term vacation rental The property's high asking price of €2,050,000, compared to a fair value of €1,398,084, implies it is overpriced for a short-term vacation rental strategy. Given the 0% gross yield and significant valuation gap, it is unlikely to yield a return on investment in the competitive Algarve market. Long-term rental With the property listing at €2,050,000 and a fair value at €1,398,084, it is clear that the investment is overpriced for a long-term rental strategy. The absence of any gross rental yield further compounds the risk of a prolonged vacancy, making it a less attractive option for steady cash flow. Buy-and-hold At €2,050,000, the property represents a 31.8% markup over its fair value of €1,398,084, indicating that it is overpriced for a buy-and-hold investment. Coupled with a low score in rental yield and the local market conditions, this property may not appreciate sufficiently to justify the initial investment. Not ideal for: Student housing, Luxury market
Economic vulnerability With an economic stability score of 65/100, there is a moderate risk of economic fluctuations impacting property value or tenant retention, which could affect overall investment returns.
