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 113 m², built in 2010, energy rating B. Located on rua Doutor Coelho de Carvalho S / N, Ferragudo parish, Lagoa municipality, Faro district. Noteworthy Features: The apartment boasts a private outdoor terrace with a jacuzzi, perfect for relaxation and enjoying garden views, and is situated within a sought-after development close to the beach.
The valuation. The asking price of €585,000 sits significantly above the fair value of €136,957, resulting in an overvaluation of €448,043 (76.6%). Given this discrepancy, the property is overpriced.
Fair value modelled at €222,116 from the area baseline, adjusted for condition and location. Asking €585,000 sits €362,884 (62.0%) above — overpriced versus fair value.
Asking €585,000 versus the rua Doutor Coelho de Carvalho S / N area baseline of €194,021 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 (Condition 85 · Materials 90 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 68/100 (Housing Market 70 · Amenities 65 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua Doutor Coelho de Carvalho S / N
Area baseline €194,021 + condition +€14,125 + location +€13,970 = modelled fair value of €222,116 (€1,966/m²), a €362,884 (62.0%) gap versus the €585,000 asking price.
Short-term vacation rental The 2-bed apartment in Ferragudo is overpriced at €585,000, especially considering the fair value is just €136,957, indicating a significant gap of 76.6%. With a gross yield of only 2.8%, this property does not align with the expected returns typically sought in the short-term rental market. Long-term rental At €585,000, the property is in a precarious position for long-term rental investment given its fair value of €136,957 and an alarming 76.6% gap. The current gross yield of 2.8% suggests insufficient rental income to justify the high purchase price, making it a poor candidate for this strategy. Buy-and-hold This property, with a listing price of €585,000, falls dramatically short of being a wise buy-and-hold investment, significantly exceeding its fair value of €136,957 by 76.6%. The low gross yield of 2.8% further underscores the risk of stagnating returns, highlighting its overpriced status and potential long-term losses.
Economic Downturn Risk Low economic stability at 65/100 may result in reduced demand for rentals, impacting tenant retention and increasing vacancy rates.