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 country_house of 81 m², energy rating D. Located Odiáxere parish, Lagos municipality, Faro district. This property features two water wells from the dam, allowing for efficient land irrigation, ideal for potential agricultural projects or enhancing landscaping appeal.
The valuation. The asking price of €395,000 sits significantly above the fair value of €294,722, representing a premium of €100,278 (25.4%). The property is thus considered overpriced.
Fair value modelled at €294,722 from the area baseline, adjusted for condition and location. Asking €395,000 sits €100,278 (25.4%) above — overpriced versus fair value.
Asking €395,000 versus the Odiáxere, Lagos, Faro area baseline of €284,877 (€3,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 68 · Materials 70 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (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 €284,877 + condition -€10,758 + location +€22,628 = modelled fair value of €294,722 (€3,639/m²), a €100,278 (25.4%) gap versus the €395,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Odiáxere · 483c0c | Subject | €395,000 | €4,877 | — | 68 | 70 |
| Odiáxere · 90d983 | Active | €250,000 | €4,630 | 5.1% | 73 | 70 |
| Odiáxere · 49b707 | Active | €389,000 | €4,987 | 2.3% | 75 | 66 |
| São Gonçalo de Lagos · 956b62 | Active | €420,000 | €3,925 | 19.5% | 75 | 71 |
| Mexilhoeira Grande · 956c8c | Active | €549,000 | €4,323 | 11.4% | 74 | 70 |
| Median comp | €404,500 | €4,477 | 8.2% | 75 | 70 |
Short-term vacation rental The property is overpriced by 25.4% compared to its fair value of €294,722, which makes it a less attractive option for short-term vacation rentals that typically thrive on competitive pricing. With a gross yield of only 2.1%, this investment may fail to deliver the expected cash flow in the tourist-driven Algarve region. Long-term rental Due to its high price point, this property does not align well with the expectations of long-term tenants who may find better value in the market, given that the fair value is significantly lower. The property's yield of 2.1% further indicates that long-term rental income potential is limited, making it a less favorable investment choice. Family rental The family's rental market in Odiáxere demands properties that offer good value, which this property fails to deliver at its current listing of €395,000. With a condition score of 67/100 and an overall neighborhood rating of 70/100, this property may not meet the expectations of families seeking quality accommodations at reasonable prices.
Economic Vulnerability The property has a moderate economic stability score of 65/100, indicating potential fluctuations in the local market that could affect rental income. Tenant Vulnerability With a tenant stability score of 70/100, there is a likelihood of tenant turnover, which could impact consistent cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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