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, 4-bathroom townhouse of 693 m², built in 1951. Located on rua Nova da Aldeia, São Gonçalo de Lagos parish, Lagos municipality, Faro district. Noteworthy Features: The property comes with an approved project allowing for the construction of 5 attached houses, enhancing its investment potential in a high-demand area of Lagos.
The valuation. The asking price of €990,000 sits significantly below the fair value of €1,811,123, indicating an attractive investment opportunity with a difference of €821,123 (82.9%). Verdict: underpriced.
Short-term vacation rental The property is an attractive option for short-term vacation rentals, particularly given its favorable rating for tourism in the Algarve region and proximity to beaches. With a fair value significantly higher than the listing price, investors can capitalize on the high demand for vacation accommodations in this sought-after location. Buy-and-hold The substantial gap between the listing price and fair value indicates strong potential for appreciation, making this property a viable buy-and-hold investment. Additionally, the neighbourhood's solid score suggests a stable environment for long-term capital growth. Family rental This townhouse is well-positioned for family rental due to its spacious layout and favorable neighbourhood rating, which enhances the quality of life for potential tenants. The current valuation also reflects an opportunity for rental income that could increase as the property gains value in a desirable area.
Economic Vulnerability The economic stability score of 65 indicates a potential risk due to possible fluctuations, which may affect tenant retention and property value.
