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 145 m², built in 2003, energy rating C. Located on parque do Moínho, São Gonçalo de Lagos parish, Lagos municipality, Faro district. This apartment features a spacious living room with a fireplace and a pleasant balcony, offering ideal spaces for relaxation and entertaining.
The valuation. The asking price of €345,000 sits significantly below fair value at €734,702, indicating a compelling opportunity for investors, as it is underpriced by €389,702 (113.0%).
Fair value modelled at €549,044 from the area baseline, adjusted for condition and location. Asking €345,000 sits €204,044 (59.1%) below — the upside to fair value.
Asking €345,000 versus the parque do Moínho area baseline of €506,340 (€3,492/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 (Condition 70 · Materials 75 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 75/100 (Housing Market 80 · Amenities 75 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
parque do Moínho
Area baseline €506,340 + condition -€7,930 + location +€50,634 = modelled fair value of €549,044 (€3,787/m²), a €204,044 (59.1%) gap versus the €345,000 asking price.
Short-term vacation rental The significant gap of 113.0% between the listing price of €345,000 and the fair value of €734,702 indicates a strong potential for profitability in the short-term vacation rental market. With a gross yield of 7% and the Algarve's continual appeal as a tourism hotspot, this investment is well positioned for robust returns. Buy-and-hold Acquiring this 2-bed apartment at €345,000 presents an excellent buy-and-hold opportunity given the substantial fair value of €734,702, implying significant appreciation potential. The neighborhood's solid rating and the area's dependency on tourism-driven employment further enhance the long-term value outlook. Family rental This property is ideally suited for family rental, leveraging the 7% gross yield and its fair value of €734,702 against the current listing price of €345,000. The favorable neighborhood rating of 75/100 supports a stable tenant base, making it an attractive long-term rental investment.
Economic Vulnerability With an economic stability score of 70/100, there is a moderate risk that economic downturns could adversely impact property values and tenant demand in the future.
