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 penthouse of 100 m², built in 1996, energy rating A. Located Lagos municipality, Faro district. Noteworthy Features: This penthouse's 30 sqm terrace serves as a private outdoor oasis, offering panoramic views and an exceptional atmosphere reminiscent of a boutique hotel in a sought-after coastal town.
The valuation. The asking price of €475,000 is below the fair value of €510,973, indicating the property is subpriced by €35,973 or 7.6%. This presents a compelling opportunity for a savvy investor seeking value in the Lagos market.
Fair value modelled at €510,973 from the area baseline, adjusted for condition and location. Asking €475,000 sits €35,973 (7.6%) below — the upside to fair value.
Asking €475,000 versus the Lagos, Faro area baseline of €465,600 (€4,656/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 78 · Materials 82 · Room dimensions 79). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 70/100 (Housing Market 70 · Amenities 70 · Economic 55 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Lagos, Faro
Area baseline €465,600 + condition +€8,125 + location +€37,248 = modelled fair value of €510,973 (€5,110/m²), a €35,973 (7.6%) gap versus the €475,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| 6d54f0 | Subject | €475,000 | €4,750 | — | 78 | 70 |
| 49b939 | Active | €475,000 | €5,793 | 22.0% | 80 | 72 |
| 96c5f2 | Active | €425,000 | €5,313 | 11.8% | 68 | 70 |
| Bensafrim e Barão de São João · 956812 | Active | €460,000 | €3,358 | 29.3% | — | 74 |
| Bensafrim e Barão de São João · 25f476 | Active | €1,750,000 | €9,211 | 93.9% | 75 | 69 |
| Median comp | €467,500 | €5,553 | 16.9% | 75 | 71 |
Short-term vacation rental This 2-bed penthouse in Lagos is positioned in a robust tourist market, making it an attractive option for short-term vacation rentals. With a fair value of €510,973 and a listing price of €475,000, the property is subvalorizada by 7.6%, providing an excellent opportunity for rental income. Long-term rental The penthouse is located in a neighborhood with decent tenant quality, though its general condition and limited amenities may slow rental demand for longer leases. However, given the fair value assessment and listing price, it stands as a strategically sound investment that is subvalorizada. Buy-and-hold Acquiring this penthouse for a buy-and-hold strategy allows for capital appreciation over time, especially since it is subvalorizada compared to its fair market value. The strong tourist market in Lagos also enhances the property's potential for future revenue generation, ensuring long-term growth prospects.
Economic Vulnerability The economic stability score of 55/100 indicates potential fluctuations in market conditions that could impact property value.**
