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 140 m², built in 2009, energy rating C. Located Ferragudo parish, Lagoa municipality, Faro district. Noteworthy Features: The apartment boasts a private roof terrace of 105 m², creatively designed with multiple outdoor living areas and a traditional barbecue setup, ideal for entertaining and leisure.
The valuation. The asking price of €415,000 is significantly above the fair value of €272,120, which results in an overpricing of €142,880 (34.4%). This indicates that the property is not a sound investment at its current listed price.
Fair value modelled at €272,120 from the area baseline, adjusted for condition and location. Asking €415,000 sits €142,880 (34.4%) above — overpriced versus fair value.
Asking €415,000 versus the Ferragudo, Lagoa, Faro area baseline of €570,500 (€4,075/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 76 · Materials 82 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 80 · Amenities 75 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Ferragudo, Lagoa, Faro
Area baseline €570,500 + condition +€9,625 + location +€22,115 = modelled fair value of €272,120 (€1,944/m²), a €142,880 (34.4%) gap versus the €415,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ferragudo · 25f85f | Subject | €415,000 | €2,964 | — | 76 | 73 |
| Portimão · 956a24 | Active | €500,000 | €4,808 | 62.2% | 70 | 67 |
| urbanização Cerca do Moinho | Active | €475,000 | €2,896 | 2.3% | 73 | 64 |
| Portimão · 38acd7 | Active | €355,000 | €5,000 | 68.7% | 75 | 75 |
| Portimão · 25f60f | Active | €355,000 | €3,550 | 19.8% | 76 | 65 |
| Median comp | €415,000 | €4,179 | 41.0% | 74 | 66 |
Short-term vacation rental The opportunity for short-term vacation rental appears limited given that the property is overpriced by 34.4% compared to its fair value, which could deter potential guests looking for affordability. With a gross yield of 6% and a condition score of 79/100, the property may not attract enough bookings to justify its current listing price. Long-term rental Investing in long-term rental may not be ideal, as the property’s current price of €415,000 is significantly higher than its fair value of €272,120, limiting potential tenant interest. Although the 6% gross yield is decent, the overpriced nature of the property could hinder consistent occupancy in the long run. Buy-and-hold A buy-and-hold strategy could be risky, as the property’s valuation is 34.4% above fair value, potentially leading to a weak return on investment. Despite a neighborhood quality score of 73/100, the overpricing issue casts doubt on the long-term appreciation potential of the asset.
Economic Vulnerability The economic stability score of 65 indicates potential risks in economic downturns, which could affect tenant retention and cash flow.
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