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 82 m², built in 2013, energy rating B. Located on urbanização Senhora Gloria, 30, São Gonçalo de Lagos parish, Lagos municipality, Faro district. Noteworthy Features: The property includes a private roof terrace with expansive sea views, perfect for outdoor entertaining or relaxation, enhancing its appeal for lifestyle or rental investment. Additional Benefits: A secure underground parking space and large storage room provide practicality to urban living.
The valuation. The asking price of €475,000 exceeds the fair value of €324,949 by €150,051 (31.6%), indicating that this property is overpriced. Buy-to-flip angle. A resale strategy could target vacation buyers, capitalizing on the Algarve’s tourism appeal and potential for appreciation. Buy-to-let angle. The estimated rental income of €1,346/month suggests a gross yield of 3.4%, suitable for family rentals or short-term vacation units in this popular area.
Fair value modelled at €324,949 from the area baseline, adjusted for condition and location. Asking €475,000 sits €150,051 (31.6%) above — overpriced versus fair value.
Asking €475,000 versus the urbanização Senhora Gloria, 30 area baseline of €321,850 (€3,925/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 80 · Materials 85 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 78/100 (Housing Market 80 · Amenities 85 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
urbanização Senhora Gloria, 30
Area baseline €321,850 + condition +€6,534 + location +€32,071 = modelled fair value of €324,949 (€3,963/m²), a €150,051 (31.6%) gap versus the €475,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| urbanização Senhora Gloria, 30 | Subject | €475,000 | €5,793 | — | 80 | 78 |
| rua Raul Brandäo | Active | €1,100,000 | €6,748 | 16.5% | 80 | 68 |
| rua Raul Brandäo | Active | €1,100,000 | €6,748 | 16.5% | 85 | 71 |
| urbanização Marina Marina de Lagos | Active | €665,000 | €4,750 | 18.0% | 82 | 66 |
| São Gonçalo de Lagos · f3609c | Active | €685,000 | €7,697 | 32.9% | 85 | 71 |
| Median comp | €892,500 | €6,748 | 16.5% | 84 | 70 |
Short-term vacation rental With a gross yield of 3.4%, the property is less attractive for short-term vacation rentals given the listing price of €475,000, which represents a 31.6% gap from the fair value of €324,949. The reliance on tourism could generate demand, but the high entry price diminishes potential profitability. Buy-and-hold This property shows potential in a tourism-heavy area; however, priced at €475,000, it is significantly above its fair value of €324,949, making it a less favorable buy-and-hold option. The property’s condition and neighborhood quality scores are acceptable, yet the high acquisition cost poses a risk for long-term growth. Family rental Though situated in a desirable tourist area, the €475,000 price tag against a fair value of €324,949 indicates that the property is overpriced for family rental purposes. The property’s condition and neighborhood ratings are reasonable, but the financial outlay may not justify the expected rental returns over time.
Potential Economic Downturn The property is at risk due to a relatively moderate economic stability score of 75/100, which indicates vulnerability to market fluctuations that could impact tenant retention and rental income.
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