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.
5-bedroom, 4-bathroom house of 591 m², built in 2006, energy rating B. Located on urbanização Vale da Lama, 16, Odiáxere parish, Lagos municipality, Faro district. Noteworthy Features: This property includes a large 100 m² terrace accessible from the first-floor en-suite bedrooms, offering stunning sea and estuary views. Unique Aspects: The presence of a dedicated tennis court enhances recreational opportunities.
The valuation. The asking price of €2,199,000 sits significantly below the fair value of €3,507,797, indicating the property is subvalued by €1,308,797 (37.3%). This presents a unique opportunity for savvy investors.
Fair value modelled at €3,507,797 from 6 comparable sales in the area. Asking €2,199,000 sits €1,308,797 (37.3%) below — the upside to fair value.
Asking €2,199,000 versus the urbanização Vale da Lama, 16 area baseline of €3,117,853 (€5,276/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €3,117,853, adjusted for condition and micro-location, gives a modelled fair value of €3,507,797 (€5,935/m²), a €1,308,797 (37.3%) gap versus the €2,199,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| urbanização Vale da Lama, 16 | Subject | €2,199,000 | €3,721 | — | 76 | 77 |
| Odiáxere · bf27b9 | Active | €8,000,000 | €44,944 | 1107.9% | 78 | 70 |
| urbanização Vale da Lama | Active | €1,495,000 | €12,458 | 234.8% | 80 | 73 |
| jardim das Calicas | Active | €1,595,000 | €5,145 | 38.3% | 83 | 72 |
| urbanização Monte Canelas | Active | €1,580,000 | €5,163 | 38.8% | 80 | 71 |
| Median comp | €1,587,500 | €8,811 | 136.8% | 80 | 72 |
Short-term vacation rental This property presents a unique opportunity for short-term vacation rentals in Odiáxere, with a substantial gap of 37.3% below fair value indicating potential for strong return on investment. Given the Algarve's tourist appeal and the property's proximity to local amenities, the demand for vacation rental space is likely to remain robust. Buy-and-hold Investing in this property as a long-term buy-and-hold strategy is promising due to its fair value significantly exceeding the listing price by 37.3%. The strong local economy and favorable neighborhood conditions suggest that property values will appreciate over time, enhancing capital gain potential. Long-term rental Utilizing this property for long-term rental could yield steady income despite the current gross yield standing at 0%. The high condition rating of 79/100 and overall neighborhood quality create an attractive environment for potential long-term tenants, contributing to tenant satisfaction and retention.
Potential Economic Downturn The property faces risks due to its economic stability score of 65/100, indicating susceptibility to fluctuations in the market that could impact rental income.
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