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 169 m², energy rating C. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. This property features a spacious entrance hall with a false ceiling and recessed lighting, alongside a fully equipped modern kitchen that includes a pantry and a barbecue balcony with sea views.
The valuation. The asking price of €480,000 is significantly below the fair value of €644,802, suggesting it is underpriced by €164,802 (34.3%). This presents an attractive opportunity for potential buyers seeking value in the market.
Fair value modelled at €644,802 from the area baseline, adjusted for condition and location. Asking €480,000 sits €164,802 (34.3%) below — the upside to fair value.
Asking €480,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €590,148 (€3,492/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 78 · Materials 82 · Room dimensions 81). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 67/100 (Housing Market 75 · Amenities 65 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
São Gonçalo de Lagos, Lagos, Faro
Area baseline €590,148 + condition +€14,523 + location +€40,130 = modelled fair value of €644,802 (€3,815/m²), a €164,802 (34.3%) gap versus the €480,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · 99f380 | Subject | €480,000 | €2,840 | — | 78 | 67 |
| rua Professor Doutor Mota Pinto | Active | €540,000 | €3,140 | 10.5% | 78 | 75 |
| rua Professor Doutor Mota Pinto | Active | €540,000 | €3,140 | 10.5% | 80 | 78 |
| parque do Moínho | Active | €345,000 | €2,379 | 16.2% | 70 | 75 |
| São Gonçalo de Lagos · 6d5147 | Active | €372,000 | €3,179 | 11.9% | 72 | 73 |
| Median comp | €456,000 | €3,140 | 10.6% | 75 | 75 |
Short-term vacation rental This property offers an attractive yield of 5.4% gross in a region that benefits from year-round tourism, making it well-suited for short-term vacation rentals. With a fair value of €644,802, the current listing price of €480,000 reflects a 34.3% gap, indicating significant potential for returns in the thriving Algarve market. Buy-and-hold The strong market fundamentals in the Algarve, particularly its reliance on tourism, suggest long-term appreciation and sustainability of rental income. Given the property's fair value of €644,802 versus the listing price of €480,000, it is positioned effectively for potential capital gains over time. Family rental With a good condition rating of 81/100, this property is appealing for family rentals, especially given the area's amenities and overall tenant quality. The gap from fair value, combined with strong tourist demand, signals that this investment can provide stable rental income while keeping room for appreciation in a family-friendly setting.
Economic Volatility The property is at risk due to a relatively low economic stability score of 60/100, suggesting potential fluctuations in income and market conditions that could impact tenant retention and rental income.
