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.
2-bedroom, 2-bathroom apartment of 140 m², energy rating C. Located on urbanização Marina Marina de Lagos, São Gonçalo de Lagos parish, Lagos municipality, Faro district. This top-floor apartment features a shaded terrace with panoramic marina views, offering a serene escape while being completely renovated with upscale finishes and modern appliances.
The valuation. The asking price of €665,000 is significantly above the fair value of €537,668, marking an overpricing of €127,332 (19.1%). Buyers should proceed with caution due to this valuation disparity.
Fair value modelled at €537,668 from the area baseline, adjusted for condition and location. Asking €665,000 sits €127,332 (19.1%) above — overpriced versus fair value.
Asking €665,000 versus the urbanização Marina Marina de Lagos area baseline of €488,880 (€3,492/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 (Condition 82 · Materials 88 · Room dimensions 85). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 66/100 (Housing Market 75 · Amenities 65 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
urbanização Marina Marina de Lagos
Area baseline €488,880 + condition +€17,500 + location +€31,288 = modelled fair value of €537,668 (€3,840/m²), a €127,332 (19.1%) gap versus the €665,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| urbanização Marina Marina de Lagos | Subject | €665,000 | €4,750 | — | 82 | 66 |
| estrada de Porto de Mós S / N | Active | €475,000 | €4,948 | 4.2% | 80 | 73 |
| estrada de Porto de Mós S / N | Active | €475,000 | €4,948 | 4.2% | 75 | 72 |
| São Gonçalo de Lagos · 090044 | Active | €685,000 | €5,708 | 20.2% | 82 | 73 |
| urbanização Marina Park | Active | €550,000 | €4,783 | 0.7% | 71 | 72 |
| Median comp | €512,500 | €4,948 | 4.2% | 78 | 73 |
Short-term vacation rental The property is overpriced at €665,000 compared to its fair value of €537,668, making it a less attractive option for short-term vacation rentals in a region heavily reliant on seasonal tourism. With a gross yield of only 3.3%, the potential return does not justify the investment given the high cost. Buy-and-hold Investing in this property as a buy-and-hold strategy may not yield the desired returns, as it is overpriced relative to its fair market value and offers a low gross yield of 3.3%. The neighborhood rating of 66/100 further complicates the long-term viability of this investment, indicating potential challenges in tenant satisfaction and retention. Family rental As a family rental, this property is also overpriced, with a significant gap of 19.1% from its fair value, suggesting that prospective tenants may seek more affordable accommodations elsewhere. While the condition rating is decent at 86/100, the neighborhood score of 66/100 raises concerns regarding tenant quality and overall appeal for families seeking stability. Not ideal for: Student housing, Luxury market, Industrial The property is not suitable for student housing due to the pricing constraints, making it inaccessible for potential tenants in that category. Additionally, its upscale nature and pricing place it outside the reach of the luxury market, and it does not cater to the requirements of the industrial sector.
Economic and Tenant Instability Risk The property has a modest economic stability score of 60/100 and a tenant stability score of 60/100, indicating potential volatility in rental income and tenant retention.
