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.
5-bedroom, 6-bathroom house of 207 m², built in 1999, energy rating C. Located on parque do Moínho, São Gonçalo de Lagos parish, Lagos municipality, Faro district. Investment Opportunity: The converted basement features two independent T1 apartments, presenting ideal potential for generating rental income while serving as a spacious family home.
The valuation. The asking price of €815,000 is €30,182 above the fair value of €784,818, indicating that the property is overpriced by approximately 3.7%. Buyers should approach this listing with caution regarding its inflated cost.
Fair value modelled at €784,818 from the area baseline, adjusted for condition and location. Asking €815,000 sits €30,182 (3.7%) above — overpriced versus fair value.
Asking €815,000 versus the parque do Moínho area baseline of €812,475 (€3,925/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 74 · Materials 75 · Room dimensions 72). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 80 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
parque do Moínho
Area baseline €812,475 + condition -€4,528 + location +€66,502 = modelled fair value of €784,818 (€3,791/m²), a €30,182 (3.7%) gap versus the €815,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| parque do Moínho | Subject | €815,000 | €3,937 | — | 74 | 73 |
| Luz · 6d54ca | Active | €1,495,000 | €3,020 | 23.3% | 80 | 73 |
| São Gonçalo de Lagos · ba574b | Active | €1,300,000 | €3,148 | 20.1% | 72 | 78 |
| São Gonçalo de Lagos · 956e96 | Active | €1,300,000 | €3,148 | 20.1% | 70 | 78 |
| São Gonçalo de Lagos · 6fb85c | Active | €1,300,000 | €3,148 | 20.1% | 73 | 69 |
| Median comp | €1,300,000 | €3,148 | 20.0% | 73 | 76 |
Short-term vacation rental The property’s location in a tourist-dense part of Algarve makes it less ideal for short-term vacation rentals, particularly given its valuation at €815,000, which is 3.7% above fair value. The high initial investment and low yield of 3.7% suggest that the market conditions do not favor this strategy, leading to potentially lower returns. Long-term rental Despite the appealing location for long-term rentals, the property’s gross yield of 3.7% indicates suboptimal income potential relative to the €815,000 listing price, which is notably overpriced by 3.7%. This diminishes its attractiveness for investors looking for reliable returns in a volatile market. Buy-and-hold While the neighbourhood benefits from seasonal tourism, the property’s condition score of 74/100 and its high price point suggest that the buy-and-hold strategy may not yield satisfactory appreciation over time. Furthermore, the limited economic diversity in the area raises concerns about long-term property performance against the €815,000 valuation, underscoring a potentially poor investment choice.
[Economic Vulnerability] The property's economic stability score of 65/100 indicates potential exposure to market fluctuations that could affect rental income and property value negatively.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
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.
Log in to buy the report or use a credit
