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, 2-bathroom house of 122 m², built in 1977, energy rating D. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. This property features a charming balcony that offers picturesque views of the historic streets and a prime location just minutes from popular beaches and local amenities.
The valuation. The asking price of €650,000 sits significantly above the fair value of €448,039, reflecting an overpricing of €201,961 (31.1%). Such a disparity suggests the property is overpriced in the current market context.
Fair value modelled at €448,039 from the area baseline, adjusted for condition and location. Asking €650,000 sits €201,961 (31.1%) above — overpriced versus fair value.
Asking €650,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €476,410 (€3,905/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 (Condition 62 · Materials 67 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 80 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
São Gonçalo de Lagos, Lagos, Faro
Area baseline €476,410 + condition -€20,587 + location +€42,602 = modelled fair value of €448,039 (€3,672/m²), a €201,961 (31.1%) gap versus the €650,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · 001a87 | Subject | €650,000 | €5,328 | — | 62 | 75 |
| rua de Santo Amaro, 6 | Active | €620,000 | €5,299 | 0.5% | 70 | 68 |
| rua Doutor Faria e Silva S / N | Active | €550,000 | €5,612 | 5.3% | 74 | 73 |
| São Gonçalo de Lagos · 261f51 | Active | €399,500 | €5,790 | 8.7% | 75 | 71 |
| jardim da Meia Praia, 20 | Active | €565,000 | €4,414 | 17.2% | 75 | 76 |
| Median comp | €557,500 | €5,456 | 2.4% | 75 | 72 |
Short-term vacation rental The property is overpriced with a fair value significantly lower than its listing price, leading to unsustainable yield potential at just 2.1%. Given São Gonçalo de Lagos' high tourism appeal, the current price may deter potential short-term renters. Buy-and-hold Acquiring this property as a buy-and-hold investment appears unwise due to its 31.1% gap from fair value, resulting in limited appreciation prospects. The low gross yield of 2.1% further underscores the risk of suboptimal returns over time. Family rental While São Gonçalo de Lagos offers a good neighborhood rating of 75/100, the significant overpricing of this property suggests a family rental strategy may not yield favorable outcomes. Tenants may be drawn to better-priced alternatives, reducing demand for this property as a family rental.
Tenant turnover risk The tenant stability score of 75/100 indicates a reasonable level of stability, but with a 25% potential for turnover, this could lead to increased vacancy rates affecting rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Free — sign in to request
