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.
2-bedroom, 1-bathroom apartment of 67 m², built in 1980, energy rating E. Located on rua Gago Coutinho, 3, São Gonçalo de Lagos parish, Lagos municipality, Faro district. Noteworthy Features: This apartment boasts high-quality materials throughout, alongside modern fittings like electric shutters and double glazing, enhancing energy efficiency and comfort in a prime location near the beach.
The valuation. The asking price of €350,000 is 2.5% above the fair value of €341,167, indicating that the property is overpriced. This discrepancy may deter potential buyers looking for a value-driven investment.
Fair value modelled at €255,692 from the area baseline, adjusted for condition and location. Asking €350,000 sits €94,308 (26.9%) above — overpriced versus fair value.
Asking €350,000 versus the rua Gago Coutinho, 3 area baseline of €233,964 (€3,492/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 76 · Materials 73 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 74/100 (Housing Market 70 · Amenities 75 · Economic 65 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua Gago Coutinho, 3
Area baseline €233,964 + condition -€733 + location +€22,461 = modelled fair value of €255,692 (€3,816/m²), a €94,308 (26.9%) gap versus the €350,000 asking price.
Long-term rental The property in São Gonçalo de Lagos is overpriced by 2.5% compared to its fair value, which diminishes its attractiveness for long-term renting. With a modest gross yield of 3.1% and average neighborhood ratings, the potential for strong returns is limited at this asking price. Short-term vacation rental Given the current asking price of €350,000, this apartment is overpriced by 2.5%, affecting its viability as a short-term vacation rental investment. While the tourism context offers some stability, the yield of 3.1% does not justify the premium being sought. Buy-and-hold The buy-and-hold strategy for this property is hampered by its 2.5% overpricing, making it less appealing for long-term investment. With a fair value of €341,167 and the current yield, future capital appreciation may not compensate for the initial cost. Not ideal for: The property is not suited for student housing, the luxury market, or industrial investments due to its pricing dynamics and neighborhood characteristics. Its average ratings suggest that other options may yield better returns in these sectors.
Economic Volatility Risk The economic stability score of 65/100 indicates potential risks from economic downturns that could impact rental income.
