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 117 m², energy rating C. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. Noteworthy Features: The apartment includes a private garage with direct street access, equipped with water and electricity, offering practical convenience rarely found in the area.
The valuation. The asking price of €372,000 is notably below the fair value of €437,560, indicating a potential advantage for investors. This represents a discount of €65,560 or 17.6% off fair market value.
Fair value modelled at €437,560 from the area baseline, adjusted for condition and location. Asking €372,000 sits €65,560 (17.6%) below — the upside to fair value.
Asking €372,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €408,564 (€3,492/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 72 · Materials 75 · Room dimensions 68). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 80 · Amenities 70 · Economic 60 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
São Gonçalo de Lagos, Lagos, Faro
Area baseline €408,564 + condition -€8,592 + location +€37,588 = modelled fair value of €437,560 (€3,740/m²), a €65,560 (17.6%) gap versus the €372,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · 6d5147 | Subject | €372,000 | €3,179 | — | 72 | 73 |
| parque do Moínho | Active | €345,000 | €2,379 | 25.2% | 70 | 75 |
| São Gonçalo de Lagos · 99f2c5 | Active | €372,000 | €2,676 | 15.8% | 70 | 71 |
| rua General Humberto Delgado | Active | €395,000 | €3,160 | 0.6% | 68 | 67 |
| São Gonçalo de Lagos · 99f380 | Active | €480,000 | €2,840 | 10.7% | 78 | 67 |
| Median comp | €383,500 | €2,758 | 13.3% | 70 | 69 |
Long-term rental The 2-bed apartment offers a gross yield of 4.8%, which is attractive for long-term rental investors seeking stable returns. Given the fair value assessment of €437,560, the listing price presents an opportunity in the rental market of São Gonçalo de Lagos. Short-term vacation rental Positioned in Algarve, a prime tourist destination, this property could generate significant income through short-term vacation rentals. The gap from fair value indicates that the initial investment is below the market rate for comparable properties in the area. Buy-and-hold Acquiring this property as a buy-and-hold investment provides the potential for value appreciation, alongside a steady rental yield of 4.8%. With the property priced at €372,000, it represents a sound opportunity for long-term capital growth in a sought-after location. Not ideal for student housing The location and characteristics of the apartment do not support a viable student housing strategy. The demographics and seasonal tourism patterns in Algarve suggest that this property would be better suited for other rental strategies. Not ideal for luxury market This 2-bed apartment may not meet the expectations of the luxury market due to its condition rating of 70/100. The overall appeal and pricing suggest that targeting a luxury clientele would be misaligned with the asset's profile and neighborhood ratings.
Economic volatility risk The economic stability score of 60/100 indicates a potential risk of economic fluctuations that could affect the property's revenue generation and overall investment returns.
