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 123 m², built in 1981, energy rating C. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. Unique Feature: The apartment boasts a private balcony with stunning panoramic views of the sea, the historic Walls of Lagos, and the Monchique Mountains, enhancing its appeal as an exceptional residence.
The valuation. The asking price of €319,000 is significantly below the fair value of €463,877, representing a discount of €144,877 (45.4%). This makes the property appealing for acquisition, as it is underpriced relative to its actual worth.
Fair value modelled at €463,877 from the area baseline, adjusted for condition and location. Asking €319,000 sits €144,877 (45.4%) below — the upside to fair value.
Asking €319,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €480,315 (€3,905/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 72 · Materials 78 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
São Gonçalo de Lagos, Lagos, Faro
Area baseline €480,315 + condition +€0 + location +€34,361 = modelled fair value of €463,877 (€3,771/m²), a €144,877 (45.4%) gap versus the €319,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · 735461 | Subject | €319,000 | €2,593 | — | 72 | 70 |
| parque do Moínho | Active | €345,000 | €2,379 | 8.3% | 70 | 75 |
| São Gonçalo de Lagos · 99f380 | Active | €480,000 | €2,840 | 9.5% | 78 | 67 |
| rua das Gaivotas | Active | €300,000 | €2,419 | 6.7% | 72 | 64 |
| São Gonçalo de Lagos · 99f2c5 | Active | €372,000 | €2,676 | 3.2% | 70 | 71 |
| Median comp | €358,500 | €2,548 | 1.8% | 71 | 69 |
Short-term vacation rental This property presents a significant opportunity for short-term vacation rental due to its 45.4% gap from fair value, suggesting potential for high returns. The 6.3% gross yield further supports its attractiveness in the tourist-centric Algarve market. Buy-and-hold Investing in this property as a buy-and-hold strategy aligns well with the 45.4% gap to fair value, indicating strong appreciation potential over time. The location's reliance on tourism enhances the likelihood of consistent rental demand, reinforcing its viability as a long-term investment. Family rental Utilizing this property for family rental purposes could be advantageous, given its fair valuation gap of 45.4% and a respectable yield of 6.3%. The area's appeal to families and retirees can drive steady occupancy rates, offering reliable cash flow for investors.
Economic Vulnerability The property’s economic stability score of 65 suggests heightened susceptibility to market fluctuations, potentially affecting rental income stability.
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
