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 apartment of 50 m². Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. This apartment features a private balcony providing outdoor space, and it includes easy access to vibrant local amenities while being nestled within a peaceful residential neighborhood.
The valuation. The asking price of €340,000 sits significantly above the fair value of €176,366, resulting in an overpricing of €163,634 (48.1%). Investors should be cautious regarding the inflated valuation.
Fair value modelled at €176,366 from the area baseline, adjusted for condition and location. Asking €340,000 sits €163,634 (48.1%) above — overpriced versus fair value.
Asking €340,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €191,300 (€3,826/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 57/100 (Condition 60 · Materials 55 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
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.
São Gonçalo de Lagos, Lagos, Faro
Area baseline €191,300 + condition -€14,297 + location +€16,063 = modelled fair value of €176,366 (€3,527/m²), a €163,634 (48.1%) gap versus the €340,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · 6d552c | Subject | €340,000 | €6,800 | — | 60 | 73 |
| São Gonçalo de Lagos · dee532 | Active | €245,000 | €4,537 | 33.3% | 45 | 70 |
| São Gonçalo de Lagos · 389d37 | Active | €290,000 | €5,273 | 22.5% | 68 | 66 |
| São Gonçalo de Lagos · 3897ce | Active | €260,000 | €5,000 | 26.5% | — | 75 |
| São Gonçalo de Lagos · 937180 | Active | €652,000 | €5,927 | 12.8% | — | 73 |
| Median comp | €275,000 | €5,137 | 24.5% | 57 | 72 |
Short-term vacation rental The 2-bed apartment in São Gonçalo de Lagos, listed at €340,000, is overpriced given the fair value of €176,366, resulting in a significant 48.1% gap. With a gross yield of 2.6%, this investment may struggle to attract seasonal vacation rental tenants in a competitive market. Buy-and-hold At a listing price of €340,000, the apartment is overpriced compared to its fair value estimate, indicating a long-term investment could yield diminished returns. The current condition rating of 57/100 further suggests that ongoing maintenance costs may erode potential profit margins. Family rental The property is priced at €340,000, which is considerably above its fair value of €176,366, making it an expensive option for family rentals in the area. Given the neighbourhood's score of 73/100, families might seek more competitively priced housing alternatives, affecting occupancy rates and rental income.
Economic Vulnerability The economic stability score of 65/100 indicates that the property is at risk from potential downturns in the local economy, which could lead to decreased rental demand and lower tenant retention rates.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
