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.
3-bedroom, 2-bathroom apartment of 125 m², built in 1995, energy rating C. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. Noteworthy Features: The apartment boasts a spacious private balcony, offering scenic views and enhancing outdoor living experience. Location Advantage: Secure bike storage is available, catering to cycling enthusiasts.
The valuation. The asking price of €395,000 is significantly below the fair value of €458,334, indicating that the property is underpriced by €63,334 (16.0%).
Fair value modelled at €458,334 from the area baseline, adjusted for condition and location. Asking €395,000 sits €63,334 (16.0%) below — the upside to fair value.
Asking €395,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €436,500 (€3,492/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 70 · Materials 65 · Room dimensions 72). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 80 · Amenities 70 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
São Gonçalo de Lagos, Lagos, Faro
Area baseline €436,500 + condition -€13,086 + location +€34,920 = modelled fair value of €458,334 (€3,667/m²), a €63,334 (16.0%) gap versus the €395,000 asking price.
Short-term vacation rental The potential for a lucrative short-term vacation rental in this Algarve location is significant, given the property’s 5.5% gross yield and its estimated 16.0% gap below fair value. Additionally, with a neighbourhood score of 70/100, this property can attract seasonal tourists seeking comfortable accommodations close to local amenities. Buy-and-hold Investing in this property offers a promising buy-and-hold strategy, particularly with its 5.5% gross yield and strong fair value assessment. Its 16.0% gap below fair value provides a solid foundation for long-term appreciation in a tourism-driven market. Family rental This property is well-positioned for family rental purposes, benefiting from its ample size and proximity to the Algarve's desirable amenities. With a neighbourhood score of 70/100, it appeals to families seeking a stable and attractive living environment near recreational and educational resources.
Tenant turnover risk The tenant stability score of 70/100 indicates a moderate risk of tenants changing frequently, which could lead to increased vacancy rates and associated costs.
