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 96 m², built in 2009, energy rating C. Located on estrada de Porto de Mós S / N, São Gonçalo de Lagos parish, Lagos municipality, Faro district. Noteworthy Features: This apartment includes underfloor heating, electric shutters, and a large balcony overlooking the garden and south-facing pool, enhancing comfort and luxury living.
The valuation. The asking price of €475,000 exceeds the fair value of €369,982 by €105,018 (22.1%). This property is overpriced compared to the market assessment.
Fair value modelled at €369,982 from the area baseline, adjusted for condition and location. Asking €475,000 sits €105,018 (22.1%) above — overpriced versus fair value.
Asking €475,000 versus the estrada de Porto de Mós S / N area baseline of €376,800 (€3,925/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 75 · Materials 80 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 72/100 (Housing Market 80 · Amenities 75 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
estrada de Porto de Mós S / N
Area baseline €376,800 + condition +€5,250 + location +€29,500 = modelled fair value of €369,982 (€3,854/m²), a €105,018 (22.1%) gap versus the €475,000 asking price.
Short-term vacation rental The property is not an attractive investment for short-term vacation rentals due to its 22.1% premium over fair value, limiting potential profit margins. Moreover, with a gross yield of only 4.2% in a competitive Algarve market, expected returns may fall short of investor expectations. Buy-and-hold Investing in this property as a buy-and-hold strategy is challenging, given its significant overpricing compared to the fair value of €369,982. The current gross yield of 4.2% does not justify the elevated purchase price, suggesting that appreciation may be hindered in this context. Value-add renovation While a value-add renovation could enhance the property’s appeal, the existing overvaluation of 22.1% means that the initial investment outweighs potential returns. Additionally, with a condition score of 79/100, the necessity for renovations must be further justified against the high entry price and modest yield prospects.
Economic Vulnerability The property is at risk due to a moderate economic stability score of 65/100, indicating potential fluctuations in local economic conditions that could affect tenant retention and rent payments.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
