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, 2-bathroom apartment of 115 m², built in 2003, energy rating C. Located on urbanização Marina Park, São Gonçalo de Lagos parish, Lagos municipality, Faro district. This property boasts an impressive outdoor space with a balcony perfect for barbecues and relaxation, complemented by a communal swimming pool and poolside bar for leisure activities.
The valuation. The asking price of €550,000 is significantly above the fair value of €441,411, representing an overvaluation of €108,589, or 19.7%. This property is priced higher than what current market conditions justify.
Fair value modelled at €441,411 from the area baseline, adjusted for condition and location. Asking €550,000 sits €108,589 (19.7%) above — overpriced versus fair value.
Asking €550,000 versus the urbanização Marina Park area baseline of €451,375 (€3,925/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 71 · Materials 80 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 72/100 (Housing Market 75 · Amenities 80 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
urbanização Marina Park
Area baseline €451,375 + condition +€4,492 + location +€35,339 = modelled fair value of €441,411 (€3,838/m²), a €108,589 (19.7%) gap versus the €550,000 asking price.
Short-term vacation rental The property is overpriced by 19.7%, reducing its appeal as a short-term vacation rental in a region known for its tourism potential. With a gross yield of only 3.6%, the return on investment does not compensate for the elevated price. Buy-and-hold Investing in this property as a buy-and-hold strategy is questionable due to its 19.7% gap from fair value, leading to a potentially adverse impact on long-term equity appreciation. Additionally, the yield of 3.6% suggests that the property may not generate sufficient income to justify the elevated purchase price. Long-term rental The apartment's pricing, which is 19.7% above fair value, makes it a less attractive option for long-term rental investments. With a gross yield of only 3.6%, the financial return does not align with market expectations, indicating a higher risk for investors in the long run.
Economic Vulnerability The Economic stability score of 60/100 indicates potential financial fluctuations that could jeopardize sustained rental income. Tenant Vulnerability With a Tenant stability score of 70/100, there is moderate risk of tenant turnover, which can affect cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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