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.
1-bedroom, 1-bathroom house of 60 m², energy rating C. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. Unique Feature: This property includes a central vacuum system, integrated dehumidifier, and water filtration system, enhancing comfort and convenience for modern living. Location Advantage: Set in a tranquil residential area, you are just minutes from Lagos Marina and key amenities.
The valuation. The asking price of €319,000 is well above the fair value of €231,040, indicating it is overpriced by €87,960 (27.6%). This premium creates a less attractive investment proposition for potential buyers.
Fair value modelled at €231,040 from the area baseline, adjusted for condition and location. Asking €319,000 sits €87,960 (27.6%) above — overpriced versus fair value.
Asking €319,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €209,520 (€3,492/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 74 · Materials 80 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 80 · 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 €209,520 + condition +€1,406 + location +€20,114 = modelled fair value of €231,040 (€3,851/m²), a €87,960 (27.6%) gap versus the €319,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · de0c60 | Subject | €319,000 | €5,317 | — | 74 | 74 |
| São Gonçalo de Lagos · ba3e34 | Active | €410,000 | €5,256 | 1.1% | 80 | 78 |
| rua do Poço | Active | €319,000 | €4,493 | 15.5% | 75 | 68 |
| São Gonçalo de Lagos · 956cba | Active | €400,000 | €3,922 | 26.2% | 75 | 76 |
| São Gonçalo de Lagos · 261f51 | Active | €399,500 | €5,790 | 8.9% | 75 | 71 |
| Median comp | €399,750 | €4,875 | 8.3% | 75 | 74 |
Short-term vacation rental The property is overpriced for a short-term vacation rental strategy, given its current market value is significantly above fair value by 27.6%. With a gross yield of 4%, potential returns may not justify the high entry cost in a seasonally driven market. Buy-and-hold Considering the gap from fair value, holding this property may not be advisable as it is priced 27.6% higher than what the market supports. The modest condition score of 77/100 further complicates long-term investment prospects in this overpriced scenario. Value-add renovation Investing in a value-add renovation strategy is unappealing due to the current pricing which exceeds fair value by 27.6%. The potential for increased value post-renovation is limited by the already inflated purchase price and mediocre condition ratings in the neighborhood.
Economic Sensitivity With an economic stability score of 65/100, the property may be vulnerable to economic fluctuations, potentially impacting rental income and occupancy rates.
