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 77 m², energy rating B. Located Odiáxere parish, Lagos municipality, Faro district. Noteworthy Features: This apartment includes a built-in wardrobe in the entrance hall, optimizing storage while maintaining a sleek design, and is strategically located between Lagos and Portimão for easy access to urban amenities.
The valuation. The asking price of €250,000 is significantly below the fair value of €301,535, creating an opportunity for potential growth with a difference of €51,535 (17.1%). This property is considered underpriced in its current market.
Fair value modelled at €301,535 from 6 comparable sales in the area. Asking €250,000 sits €51,535 (17.1%) below — the upside to fair value.
Asking €250,000 versus the Odiáxere, Lagos, Faro area baseline of €256,255 (€3,328/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €256,255, adjusted for condition and micro-location, gives a modelled fair value of €301,535 (€3,916/m²), a €51,535 (17.1%) gap versus the €250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Odiáxere · 5b87d8 | Subject | €250,000 | €3,247 | — | 75 | 74 |
| Mexilhoeira Grande · 93739e | Active | €195,000 | €1,950 | 39.9% | 74 | 73 |
| Mexilhoeira Grande · 93732c | Active | €245,000 | €2,008 | 38.1% | 80 | 74 |
| Odiáxere · 4a7e18 | Active | €530,000 | €10,000 | 208.0% | 90 | 73 |
| Odiáxere · 82c796 | Active | €299,950 | €4,411 | 35.9% | 75 | 75 |
| Median comp | €272,475 | €3,210 | 1.1% | 78 | 74 |
Short-term vacation rental This 1-bed apartment in Odiáxere presents an attractive opportunity for the short-term vacation rental market given its proximity to touristic attractions in the Algarve. The current listing price of €250,000 is significantly lower than the fair market value of €301,535, indicating a 17.1% gap that could enhance yield potential as tourism increases. Buy-and-hold Investing in this property as a buy-and-hold strategy may yield substantial long-term benefits, as the apartment is priced below its fair value, suggesting a potential appreciation in value over time. The solid condition rating of 77/100 and favorable neighborhood rating of 74/100 further support the viability of holding this asset for future gains. Long-term rental While the current gross yield stands at 0%, the apartment's fair value suggests that long-term rental pricing could improve as the market matures, making it an appealing investment for steady returns. The strong location characteristics and demand for rentals in the Algarve enhance the potential for a reliable tenant base in the future.
Economic Vulnerability The economic stability score of 65/100 indicates a potential susceptibility to market fluctuations that could affect rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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