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, 1-bathroom house of 64 m². Located Bensafrim e Barão de São João parish, Lagos municipality, Faro district. Noteworthy Features: This property includes the rare advantage of being divided into two independent rental units, providing immediate income potential and flexibility for future renovations.
The valuation. The asking price of €290,000 is below the fair value of €316,071, representing a potential savings of €26,071 (9.0%). This property is considered underpriced, presenting an opportunity for value appreciation.
Fair value modelled at €316,071 from the area baseline, adjusted for condition and location. Asking €290,000 sits €26,071 (9.0%) below — the upside to fair value.
Asking €290,000 versus the Bensafrim e Barão de São João, Lagos, Faro area baseline of €297,984 (€4,656/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 80 · Materials 75 · Room dimensions 73). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 64/100 (Housing Market 75 · Amenities 65 · Economic 60 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
Bensafrim e Barão de São João, Lagos, Faro
Area baseline €297,984 + condition +€1,400 + location +€16,687 = modelled fair value of €316,071 (€4,939/m²), a €26,071 (9.0%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Bensafrim e Barão de São João · 6d52e7 | Subject | €290,000 | €4,531 | — | 80 | 64 |
| Bensafrim e Barão de São João · ba5a89 | Active | €290,000 | €4,531 | 0% | 70 | 74 |
| Bensafrim e Barão de São João · 261f93 | Active | €290,000 | €4,531 | 0% | 75 | 77 |
| Bensafrim e Barão de São João · 7355ec | Active | €420,000 | €5,185 | 14.4% | 75 | 70 |
| Bensafrim e Barão de São João · 42014d | Active | €420,000 | €5,185 | 14.4% | 80 | 74 |
| Median comp | €355,000 | €4,858 | 7.2% | 75 | 74 |
Short-term vacation rental The property is ideally located near the popular Algarve coast, making it attractive for short-term vacation rentals in a tourist-driven market. Its fair value of €316,071 and a listing price of €290,000 suggest a strong opportunity to acquire an asset that can generate a decent yield of 3% gross. Buy-and-hold Given the 9% gap between the listing price and fair value, this property presents a solid long-term investment opportunity for a buy-and-hold strategy. The favorable conditions of the local housing market, combined with its respectable condition rating of 76/100, contribute to its potential for appreciation over time. Long-term rental With the local amenities and public services typical of the Algarve region, this property is suitable for long-term rentals aimed at families and professionals. While the gross yield of 3% is modest, the strong demand for rental properties in the area can provide steady income and potential for growth in rental rates over the coming years.
Economic Downturn Risk Tenants may face financial difficulties due to economic instability, as indicated by a low economic stability score of 60/100 and a tenant stability score of 55/100, potentially leading to higher vacancy rates and rent defaults.
