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, 2-bathroom house of 320 m². Located Odiáxere parish, Lagos municipality, Faro district. Notable Features: This property includes a fully fenced riding arena with 12 horse boxes and established water resources from a borehole and irrigation channel, ideal for equestrian development.
The valuation. The asking price of €299,000 sits significantly below the fair value of €741,333, making it subpriced by €442,333 (59.7%). This positioning presents a compelling opportunity for investment.
Fair value modelled at €741,333 from 6 comparable sales in the area. Asking €299,000 sits €442,333 (59.7%) below — the upside to fair value.
Asking €299,000 versus the Odiáxere, Lagos, Faro area baseline of €511,355 (€1,598/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €511,355, adjusted for condition and micro-location, gives a modelled fair value of €741,333 (€2,317/m²), a €442,333 (59.7%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Odiáxere · 76b4ea | Subject | €299,000 | €934 | — | — | 83 |
| autoestrada N125, 30 | Active | €150,000 | €1,240 | 32.7% | — | 72 |
| São Gonçalo de Lagos · 5da24d | Active | €395,000 | €3,038 | 225.2% | — | 71 |
| São Gonçalo de Lagos · f5eac3 | Active | €985,000 | €1,791 | 91.7% | — | 71 |
| São Gonçalo de Lagos · f5eac6 | Active | €790,000 | €2,633 | 181.8% | 40 | 75 |
| Median comp | €592,500 | €2,212 | 136.7% | 40 | 72 |
Long-term rental The property in Odiáxere, Lagos, presents an attractive long-term rental opportunity with a gross yield of 9.7%, well above average for the region. Given the sturdy condition rating of 78/100 and the neighborhood score of 83/100, this investment is positioned for stable cash flow. Short-term vacation rental As a vacation rental, this property capitalizes on the high demand in the Algarve coastal area, making it a compelling option given its significant fair value gap of 59.7%. The region's strong tourism-focused economy and amenities bolster its potential for high occupancy rates and rental income. Buy-and-hold Investing in this property as a buy-and-hold strategy is underscored by its fair value of €741,333, indicating substantial appreciation potential. The combination of a favorable yield and solid neighborhood ratings suggests it can serve as a reliable asset for long-term capital growth.
Market Dependency The economic stability score of 80 might indicate potential vulnerability to fluctuations, as any downturn could impact tenant stability (85), which is generally positive but still susceptible to broader economic changes.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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