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 €488,125 (€3,905/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 €488,125 + 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.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · f3606a | Subject | €395,000 | €3,160 | — | 70 | 70 |
| São Gonçalo de Lagos · 1e6013 | Active | €385,000 | €2,070 | 34.5% | 73 | 71 |
| São Gonçalo de Lagos · 96c473 | Active | €285,000 | €2,740 | 13.3% | 54 | 72 |
| São Gonçalo de Lagos · 6d5147 | Active | €372,000 | €3,179 | 0.6% | 72 | 73 |
| praça da Paz | Active | €315,000 | €2,944 | 6.8% | 70 | 70 |
| Median comp | €343,500 | €2,842 | 10.1% | 71 | 72 |
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.
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.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Free — sign in to request
