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 87 m², built in 1996. Located on parque do Moínho, São Gonçalo de Lagos parish, Lagos municipality, Faro district. Noteworthy Features: The apartment showcases a fireplace in the living area, enhancing the cozy atmosphere, while the dual access to the east-facing balcony boosts its natural light and outdoor appeal.
The valuation. The asking price of €375,000 is significantly above fair value, which is estimated at €307,199, resulting in an overpricing of €67,801 (18.1%). This indicates that the property is overpriced.
Fair value modelled at €307,199 from the area baseline, adjusted for condition and location. Asking €375,000 sits €67,801 (18.1%) above — overpriced versus fair value.
Asking €375,000 versus the parque do Moínho area baseline of €303,804 (€3,492/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 (Condition 65 · Materials 68 · Room dimensions 55). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 67/100 (Housing Market 75 · Amenities 65 · Economic 60 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
parque do Moínho
Area baseline €303,804 + condition -€17,264 + location +€20,659 = modelled fair value of €307,199 (€3,531/m²), a €67,801 (18.1%) gap versus the €375,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| parque do Moínho | Subject | €375,000 | €4,310 | — | 65 | 67 |
| São Gonçalo de Lagos · 6fbc43 | Active | €330,000 | €2,538 | 41.1% | 66 | 70 |
| rua de Santo Amaro, 18 | Active | €280,000 | €4,308 | 0.1% | 65 | 72 |
| São Gonçalo de Lagos · 99f2c5 | Active | €372,000 | €2,676 | 37.9% | 70 | 71 |
| São Gonçalo de Lagos · ba3b04 | Active | €245,000 | €3,889 | 9.8% | 70 | 74 |
| Median comp | €305,000 | €3,283 | 23.8% | 68 | 72 |
Short-term vacation rental Given the property's fair value of €307,199 and the current listing price of €375,000, this investment is not aligned with reasonable financial expectations due to its 18.1% markup. With a gross yield of 4.4% and a condition rating of 62/100, the property would struggle to attract short-term vacation renters in a competitive market where guests seek value for money. Buy-and-hold At a listing price of €375,000, the disparity from the fair value signals that this buy-and-hold strategy is not advisable, as it could limit long-term capital appreciation potential. The current gross yield of 4.4% does not support a compelling case for long-term investment in this market, particularly with the property's condition rating of 62/100 and perceived neighborhood quality at 67/100. Long-term rental The pricing of €375,000 presents a significant hurdle for a long-term rental strategy, as it exceeds the fair value by 18.1%, reducing potential cash flow and tenant attraction. Given the yield of 4.4% and neighborhood conditions, potential rental income may not justify the higher acquisition cost, leading to poor long-term tenant retention and satisfaction.
Economic downturn risk The economic stability score of 60/100 indicates potential vulnerability to downturns, which may affect rental income and property value.
