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 130 m², built in 1999, energy rating C. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. Noteworthy Features: This apartment features a bright living room with a fireplace and includes a convenient storage room, enhancing both comfort and functionality for residents.
The valuation. The asking price of €330,000 is significantly below the fair value of €469,964, indicating that the property is underpriced by €139,964 (42.4%). This presents a compelling opportunity for investment.
Fair value modelled at €469,964 from the area baseline, adjusted for condition and location. Asking €330,000 sits €139,964 (42.4%) below — the upside to fair value.
Asking €330,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €453,960 (€3,492/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 66 · Materials 63 · Room dimensions 68). 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 €453,960 + condition -€20,313 + location +€36,317 = modelled fair value of €469,964 (€3,615/m²), a €139,964 (42.4%) gap versus the €330,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · 6fbc43 | Subject | €330,000 | €2,538 | — | 66 | 70 |
| parque do Moínho | Active | €375,000 | €4,310 | 69.8% | 65 | 67 |
| rua de Santo Amaro, 18 | Active | €280,000 | €4,308 | 69.7% | 65 | 72 |
| rua Frei António da Purificação | Active | €369,000 | €3,968 | 56.3% | 75 | 77 |
| São Gonçalo de Lagos · ba3b04 | Active | €245,000 | €3,889 | 53.2% | 70 | 74 |
| Median comp | €324,500 | €4,138 | 63.0% | 68 | 73 |
Short-term vacation rental The property offers a strong gross yield of 5.2%, making it an attractive option for investors looking to capitalize on the thriving tourist market in the Algarve. With a significant gap of 42.4% from its fair value, this apartment presents an opportunity for short-term rental income in a desirable location. Buy-and-hold Given the substantial difference between the listing price and its fair value, acquiring this property can yield considerable appreciation over time, particularly within the context of the growing demand in Lagos. Coupled with a 5.2% gross yield, it is well positioned for appreciation in a market that sees seasonal spikes in rental demand. Family rental The property’s location in Lagos, combined with a fair condition rating of 65/100, makes it suitable for family rentals despite the varying school quality in the neighborhood. The attractive gross yield of 5.2% further solidifies its potential as a long-term rental option for families seeking residence in a holiday-rich area.
Economic Vulnerability The property’s economic stability score of 60/100 indicates potential exposure to economic fluctuations, which may affect tenant retention and rental income.
