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.
4-bedroom, 3-bathroom house of 110 m², built in 2003, energy rating C. Located on rua da Torre, Odiáxere parish, Lagos municipality, Faro district. Noteworthy Features: The property includes solar panels for energy efficiency and a built-in BBQ area designed for outdoor entertaining, enhancing its appeal for family gatherings.
The valuation. The asking price of €640,000 sits below the fair value of €686,151 by €46,151 (6.7%). This property is fairly priced, offering potential for appreciation in the vibrant Algarve market.
Fair value modelled at €686,151 from 6 comparable sales in the area. Asking €640,000 sits €46,151 (6.7%) below — the upside to fair value.
Asking €640,000 versus the rua da Torre area baseline of €611,785 (€5,562/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €611,785, adjusted for condition and micro-location, gives a modelled fair value of €686,151 (€6,238/m²), a €46,151 (6.7%) gap versus the €640,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Torre | Subject | €640,000 | €5,818 | — | 72 | 74 |
| rua da Azenha, 29 | Active | €765,000 | €9,563 | 64.4% | 74 | 75 |
| São Gonçalo de Lagos · 89e5fc | Active | €1,100,000 | €6,707 | 15.3% | 72 | 76 |
| urbanização Vale da Lama | Active | €1,250,000 | €6,313 | 8.5% | 76 | 67 |
| São Gonçalo de Lagos · 6a9196 | Active | €949,000 | €6,162 | 5.9% | 82 | 74 |
| Median comp | €1,024,500 | €6,510 | 11.9% | 75 | 75 |
Short-term vacation rental The property is situated in Odiáxere, Lagos, where the economic activity is heavily influenced by tourism, making it a viable option for short-term vacation rentals. However, given a gross yield of only 2.7%, the short-term rental market may not provide sufficient returns relative to the property's fair value of €686,151. Long-term rental Odiáxere offers a neighborhood rating of 74/100, indicating a respectable living environment which may attract long-term tenants. With fair market conditions contributing to a yield of 2.7%, a long-term rental strategy would provide stable but modest cash flow, in line with the listed price of €640,000. Buy-and-hold Investing in a buy-and-hold strategy in Odiáxere could yield a stable asset in a region driven by tourism demand, despite the property being fairly valued at €640,000. The current yield of 2.7% suggests the potential for capital appreciation may be limited, making this a moderate long-term investment choice. Not ideal for student housing Given the property's characteristics and location in a resort-oriented region, it does not fit well into a student housing strategy, which typically requires closer proximity to educational institutions. The rental demand may not align with the needs of students, dampening potential returns. Not ideal for luxury market The neighborhood's overall scores indicate a solid but not exceptional market, making it less suitable for high-end luxury investments that usually command premium prices and expectations. Thus, targeting the luxury market would likely yield less favorable outcomes compared to other strategies.
Economic Vulnerability The economic stability score of 65/100 suggests potential fluctuations in tenant demand, which could impact rental income stability and occupancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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