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.
3-bedroom, 1-bathroom house of 57 m², built in 1951, energy rating E. Located on rua Doutor Faria e Silva, São Gonçalo de Lagos parish, Lagos municipality, Faro district. This property features a rooftop terrace that offers stunning sea views and is conveniently located just a 5-minute walk from the vibrant main avenue of Lagos.
The valuation. The asking price of €340,000 sits significantly above the fair value of €218,125, representing an overpricing of €121,875 (35.8%). This discrepancy raises concerns for potential buyers regarding the investment's viability.
Fair value modelled at €218,125 from the area baseline, adjusted for condition and location. Asking €340,000 sits €121,875 (35.8%) above — overpriced versus fair value.
Asking €340,000 versus the rua Doutor Faria e Silva area baseline of €223,725 (€3,925/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 (Condition 68 · Materials 73 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 79/100 (Housing Market 90 · Amenities 80 · Economic 65 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
rua Doutor Faria e Silva
Area baseline €223,725 + condition -€4,008 + location +€23,089 = modelled fair value of €218,125 (€3,827/m²), a €121,875 (35.8%) gap versus the €340,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doutor Faria e Silva | Subject | €340,000 | €5,965 | — | 68 | 79 |
| São Gonçalo de Lagos · 956d0a | Active | €399,500 | €5,790 | 2.9% | 72 | 74 |
| travessa da Coroa, 11 | Active | €275,000 | €5,500 | 7.8% | 70 | 70 |
| rua Doutor Faria e Silva S / N | Active | €550,000 | €5,612 | 5.9% | 82 | 73 |
| São Gonçalo de Lagos · 261f51 | Active | €399,500 | €5,790 | 2.9% | 75 | 71 |
| Median comp | €399,500 | €5,701 | 4.4% | 74 | 72 |
Short-term vacation rental The property is overpriced at €340,000 compared to its fair value of €218,125, resulting in a significant gap of 35.8%. With a gross yield of 0%, this investment is not ideal in the competitive Algarve vacation rental market where prices should align more closely with fair valuations. Buy-and-hold While the neighborhood has a decent rating of 79/100, the property’s price is too high at €340,000 against a fair value of only €218,125. Investors seeking long-term appreciation may find better opportunities elsewhere, as this property does not offer sufficient value to warrant its current listing price. Long-term rental At a listing price of €340,000, this property has no gross yield and is clearly overpriced compared to a fair value of €218,125. This misalignment makes it challenging to justify using it as a long-term rental investment given the current market conditions in São Gonçalo de Lagos.
Economic Vulnerability With an economic stability score of 65/100, there is a risk of economic downturns negatively impacting property demand and rent prices.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
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.
Log in to buy the report or use a credit
