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 82 m², built in 2013, energy rating B. Located Lagos municipality, Faro district. Noteworthy Features: The property includes a private roof terrace with annex, providing panoramic city and sea views, perfect for entertaining or relaxation. Additional Amenities: Secure parking space and substantial storage room enhance convenience.
The valuation. The asking price of €475,000 sits €51,282 (10.8%) above the fair value of €423,718, indicating that the property is overpriced.
Fair value modelled at €423,718 from the area baseline, adjusted for condition and location. Asking €475,000 sits €51,282 (10.8%) above — overpriced versus fair value.
Asking €475,000 versus the Lagos, Faro area baseline of €381,792 (€4,656/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 80 · Materials 85 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 72/100 (Housing Market 80 · Amenities 75 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Lagos, Faro
Area baseline €381,792 + condition +€8,328 + location +€33,598 = modelled fair value of €423,718 (€5,167/m²), a €51,282 (10.8%) gap versus the €475,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| 49b939 | Subject | €475,000 | €5,793 | — | 80 | 72 |
| 6d54f0 | Active | €475,000 | €4,750 | 18.0% | 78 | 70 |
| 96c5f2 | Active | €425,000 | €5,313 | 8.3% | 68 | 70 |
| Luz · 0900b0 | Active | €599,000 | €4,103 | 29.2% | 75 | 73 |
| Bensafrim e Barão de São João · 25f476 | Active | €1,750,000 | €9,211 | 59.0% | 75 | 69 |
| Median comp | €537,000 | €5,032 | 13.1% | 75 | 70 |
Short-term vacation rental The property’s valuation exceeds the fair market value by 10.8%, suggesting that it may not yield a satisfactory return on investment in the competitive vacation rental market. Given the 0% gross yield and reliance on seasonal tourism, the financial viability for short-term rentals appears compromised. Long-term rental With a fair value of €423,718, the property is priced significantly higher than its worth, indicating a lack of financial prudence for long-term rental investment. The 0% gross yield further underscores its unsuitability for rental income generation, making it a less attractive option for prospective landlords.
Potential Income Instability The property may face income instability due to its economic stability score of 65, indicating potential challenges in maintaining consistent rental income as compared to the tenant stability score of 70, which suggests moderately reliable tenants.
