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 €335,232 (€3,492/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 €335,232 + 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.
