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 129 m², energy rating C. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. Noteworthy Features: This apartment includes a cozy fireplace in the bright living room, enhancing its appeal for both comfort and ambience during cooler evenings.
The valuation. The asking price of €330,000 is significantly below the fair value of €474,778, sitting at a 43.9% discount. This presents a compelling opportunity for a savvy investor looking to capitalize on underpricing in the market.
Fair value modelled at €474,778 from the area baseline, adjusted for condition and location. Asking €330,000 sits €144,778 (43.9%) below — the upside to fair value.
Asking €330,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €450,468 (€3,492/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 70 · Materials 65 · Room dimensions 68). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 80 · Amenities 65 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
São Gonçalo de Lagos, Lagos, Faro
Area baseline €450,468 + condition -€17,133 + location +€41,443 = modelled fair value of €474,778 (€3,680/m²), a €144,778 (43.9%) gap versus the €330,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · 25f6a6 | Subject | €330,000 | €2,558 | — | 70 | 73 |
| São Gonçalo de Lagos · 1e6013 | Active | €385,000 | €2,070 | 19.1% | 73 | 71 |
| São Gonçalo de Lagos · 6d5147 | Active | €372,000 | €3,179 | 24.3% | 72 | 73 |
| rua General Humberto Delgado | Active | €395,000 | €3,160 | 23.5% | 68 | 67 |
| São Gonçalo de Lagos · 99f2c5 | Active | €372,000 | €2,676 | 4.6% | 70 | 71 |
| Median comp | €378,500 | €2,918 | 14.1% | 71 | 71 |
Short-term vacation rental This 2-bed apartment in São Gonçalo de Lagos presents a compelling opportunity for short-term vacation rentals due to its proximity to the Algarve coast, contributing to a promising gross yield of 6.6%. Given that the listing price is 43.9% below its fair value of €474,778, investors can capitalize on the area's seasonal tourism economy. Long-term rental With a desirable neighbourhood rating of 73/100 and a gross yield of 6.6%, this property is well-positioned for long-term rental investments in the evolving market of São Gonçalo de Lagos. The 43.9% gap between the asking price and fair value signals an opportunity for secure income amidst fluctuating seasonal demand. Buy-and-hold Acquiring this apartment for a buy-and-hold strategy aligns well with the fair value being significantly above the listing price, allowing for appreciation potential over time. The property’s location within a safe area of the Algarve also enhances its viability as a long-term investment, providing stable returns as the neighbourhood continues to develop.
Economic and Tenant Stability Risk The combined stability scores of 70/100 suggest an elevated risk of potential fluctuations in occupancy rates or rent payments, which could impact overall cash flow and returns.