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.
7-bedroom, 7-bathroom country_estate of 449 m², built in 2006, energy rating C. Located Odiáxere parish, Lagos municipality, Faro district. Noteworthy Features: The property includes multiple stables and designated vehicle parking, enhancing its appeal for equestrian enthusiasts and ensuring convenient access from the outset.
The valuation. The asking price of €2,900,000 sits significantly above fair value at €1,847,117, reflecting an overpriced status of €1,052,883 (57.0%). This discrepancy highlights an unwise investment for potential buyers seeking value.
Fair value modelled at €1,847,117 from 6 comparable sales in the area. Asking €2,900,000 sits €1,052,883 (57.0%) above — overpriced versus fair value.
Asking €2,900,000 versus the Odiáxere, Lagos, Faro area baseline of €1,544,343 (€3,440/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 is below the parish average, reducing 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 €1,544,343, adjusted for condition and micro-location, gives a modelled fair value of €1,847,117 (€4,114/m²), a €1,052,883 (57.0%) gap versus the €2,900,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Odiáxere · 76b552 | Subject | €2,900,000 | €6,459 | — | 74 | 76 |
| Odiáxere · d748c6 | Active | €1,400,000 | €4,308 | 33.3% | 70 | 71 |
| travessa da Azenha, 28A | Active | €4,650,000 | €10,333 | 60.0% | 80 | 73 |
| rua do Alecrim, 4 | Active | €3,200,000 | €8,399 | 30.0% | 85 | 70 |
| São Gonçalo de Lagos · 23f34e | Active | €980,000 | €3,920 | 39.3% | 74 | 73 |
| Median comp | €2,300,000 | €6,354 | 1.6% | 77 | 72 |
Short-term vacation rental The property is overpriced by 57.0%, suggesting it does not align with market expectations for rental income, especially given its 0% gross yield. Additionally, despite the high attractiveness of the Algarve tourist zone for short-term rentals, the price is not justified by the property's potential earnings. Long-term rental With a fair value of €1,847,117 and a significant gap to the listing price, this property is not a suitable option for long-term rental strategies. The current asking price results in an unattractive investment proposition, particularly given the 0% yield and relative condition ratings. Buy-and-hold Investing in this property as a buy-and-hold strategy is ill-advised due to its current overpricing, which exceeds fair value by 57.0%. The potential for appreciation is hindered by the high initial investment compared to its condition and the risk of stagnation in the rental market.
Economic Vulnerability The economic stability score of 65/100 indicates a moderate risk of external economic fluctuations impacting property value and tenant retention.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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