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, 2-bathroom apartment of 130 m², built in 2009, energy rating A. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. This apartment features a spacious balcony with unobstructed garden and communal pool views, emphasizing outdoor living in a sun-drenched environment ideal for relaxation.
The valuation. The asking price of €530,000 sits €25,350 (4.8%) above the fair value of €504,650, indicating that the property is overpriced. This discrepancy suggests that buyers should proceed with caution and consider negotiating terms.
Fair value modelled at €504,650 from the area baseline, adjusted for condition and location. Asking €530,000 sits €25,350 (4.8%) above — overpriced versus fair value.
Asking €530,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €510,250 (€3,925/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 76 · Materials 80 · Room dimensions 79). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 78 · Amenities 75 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
São Gonçalo de Lagos, Lagos, Faro
Area baseline €510,250 + condition +€7,109 + location +€43,580 = modelled fair value of €504,650 (€3,882/m²), a €25,350 (4.8%) gap versus the €530,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · 0016aa | Subject | €530,000 | €4,077 | — | 76 | 74 |
| rua do Barinel | Active | €475,000 | €4,060 | 0.4% | 72 | 74 |
| largo do Rossio de São João Batista, 1 | Active | €1,290,000 | €4,388 | 7.6% | 88 | 80 |
| urbanização Vila Branca | Active | €395,000 | €4,031 | 1.1% | 80 | 70 |
| largo do Rossio de São João Batista | Active | €1,290,000 | €4,388 | 7.6% | 90 | 70 |
| Median comp | €882,500 | €4,224 | 3.6% | 84 | 72 |
Short-term vacation rental The property in São Gonçalo de Lagos, priced at €530,000, is above its fair value of €504,650, indicating that it is overpriced for a short-term vacation rental. With a gross yield of 4% and a neighborhood rating of 74/100, the potential for secure rental income is diminished compared to other more competitively priced options. Long-term rental This apartment's listing price represents a 4.8% gap from its fair value, highlighting that it is overpriced for long-term rental investment. Given a gross yield of only 4% alongside a neighborhood condition rating of 79/100, investors may find better value in alternative properties within the same market. Buy-and-hold At €530,000, the 2-bed apartment is priced above the fair value threshold, resulting in an overpriced investment for a buy-and-hold strategy. While the property is positioned in a desirable coastal locale, the 4% yield suggests limited appreciation potential in contrast to more appropriately priced assets.
Potential Economic Instability With an economic stability score of 65/100, there is a considerable risk that unforeseen economic downturns could negatively impact property values and tenant demand.
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