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 65 m², built in 1988, energy rating C. Located on rua de Santo Amaro, 18, São Gonçalo de Lagos parish, Lagos municipality, Faro district. This property features a unique second independent entrance that leads to a versatile annex/studio with a complete bathroom, providing potential for rental income or guest accommodation.
The valuation. The asking price of €280,000 exceeds the fair value of €232,228 by €47,772 (17.1%). This property is considered overpriced, presenting a potential barrier for investors seeking immediate equity gains.
Fair value modelled at €232,228 from the area baseline, adjusted for condition and location. Asking €280,000 sits €47,772 (17.1%) above — overpriced versus fair value.
Asking €280,000 versus the rua de Santo Amaro, 18 area baseline of €253,825 (€3,905/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 61/100 (Condition 65 · Materials 70 · Room dimensions 55). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 72/100 (Housing Market 70 · Amenities 75 · Economic 65 · Tenant Quality 78). Strong amenities and housing-market momentum support a premium to baseline.
rua de Santo Amaro, 18
Area baseline €253,825 + condition -€14,727 + location +€19,974 = modelled fair value of €232,228 (€3,573/m²), a €47,772 (17.1%) gap versus the €280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Santo Amaro, 18 | Subject | €280,000 | €4,308 | — | 65 | 72 |
| São Gonçalo de Lagos · 6fbc43 | Active | €330,000 | €2,538 | 41.1% | 66 | 70 |
| parque do Moínho | Active | €375,000 | €4,310 | 0.1% | 65 | 67 |
| São Gonçalo de Lagos · ba3b04 | Active | €245,000 | €3,889 | 9.7% | 70 | 74 |
| São Gonçalo de Lagos · 25f45c | Active | €325,000 | €3,652 | 15.2% | 74 | 79 |
| Median comp | €327,500 | €3,771 | 12.5% | 68 | 72 |
Short-term vacation rental The property’s listing price at €280,000 represents a 17.1% gap over its fair value of €232,228, indicating it is overpriced for potential short-term vacation rentals in a seasonal market. With a gross yield of only 4.4%, this investment lacks the expected return relative to the high acquisition cost. Buy-and-hold At a current price of €280,000, the buy-and-hold strategy becomes less attractive, given that the fair value is assessed at €232,228, suggesting it is overpriced. The property's average condition score of 61/100 further diminishes its appeal as a long-term investment due to potential maintenance costs. Family rental In the family rental market, the property's €280,000 price tag surpasses the fair value of €232,228 by 17.1%, indicating an overpriced asset for this strategy. Additionally, the neighborhood rating of 72/100 does not sufficiently justify the current price premium and may affect rental demand and tenant retention.
Economic vulnerability With an economic stability score of 65/100, there is a significant risk that economic fluctuations could negatively impact property values and tenant demand.
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