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.
1-bedroom, 1-bathroom apartment of 53 m² on the 1st floor, built in 2023, energy rating B. Located Odiáxere parish, Lagos municipality, Faro district. Noteworthy Features: This apartment includes two underground parking spaces and a storage room, complementing its stunning views and luxurious finishes for a complete resort living experience.
The valuation. The asking price of €530,000 significantly exceeds the fair value of €208,728, placing it at a 60.6% premium. This indicates that the property is overpriced in the current market.
Fair value modelled at €208,728 from the area baseline, adjusted for condition and location. Asking €530,000 sits €321,272 (60.6%) above — overpriced versus fair value.
Asking €530,000 versus the Odiáxere, Lagos, Faro area baseline of €186,401 (€3,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 89/100 (Condition 90 · Materials 89 · Room dimensions 87). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 80 · Amenities 75 · Economic 55 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Odiáxere, Lagos, Faro
Area baseline €186,401 + condition +€6,625 + location +€17,027 = modelled fair value of €208,728 (€3,938/m²), a €321,272 (60.6%) gap versus the €530,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Odiáxere · 4a7e18 | Subject | €530,000 | €10,000 | — | 90 | 73 |
| São Gonçalo de Lagos · 956963 | Active | €380,000 | €4,750 | 52.5% | 76 | 80 |
| São Gonçalo de Lagos · 9569fb | Active | €350,000 | €4,217 | 57.8% | 76 | 78 |
| São Gonçalo de Lagos · 49b7ca | Active | €385,000 | €5,133 | 48.7% | 78 | 76 |
| urbanização Marina Marina de Lagos | Active | €665,000 | €4,750 | 52.5% | 82 | 66 |
| Median comp | €382,500 | €4,750 | 52.5% | 77 | 77 |
Short-term vacation rental The property is significantly overpriced at €530,000, with a fair value of only €208,728, indicating a 60.6% gap. Given the zero gross yield, it is unlikely to attract sufficient rental income to justify this asking price. Buy-and-hold With the property being valued at €530,000 but only worth €208,728, it presents a considerable investment risk in a market where appreciation is uncertain. The lack of yield at this price point suggests that potential long-term gains may not compensate for the initial overvaluation. Family rental Considering the current listing price of €530,000 compared to a fair value of €208,728, this apartment is not aligned with the reasonable market expectations for family rentals. Additionally, the absence of yield means it is difficult to sustain a family tenancy arrangement without financial strain from the initial investment.
Economic Vulnerability The property faces a significant risk due to its economic stability score of 55/100, indicating potential fluctuations in rental income and market demand.
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