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.
1-bedroom, 1-bathroom apartment of 53 m², built in 2002, energy rating D. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. Noteworthy Features: The apartment boasts a private terrace directly accessible from both the living area and bedroom, enhancing outdoor living and relaxation options in a serene setting.
The valuation. The asking price of €350,000 is significantly above the fair value of €204,003, representing an overpricing of €145,997 (41.7%). This indicates a lack of attractive investment potential based on valuation metrics.
Fair value modelled at €204,003 from the area baseline, adjusted for condition and location. Asking €350,000 sits €145,997 (41.7%) above — overpriced versus fair value.
Asking €350,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €208,025 (€3,925/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 80 · Amenities 70 · Economic 60 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
São Gonçalo de Lagos, Lagos, Faro
Area baseline €208,025 + condition +€1,159 + location +€17,767 = modelled fair value of €204,003 (€3,849/m²), a €145,997 (41.7%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · dee54a | Subject | €350,000 | €6,604 | — | 72 | 74 |
| São Gonçalo de Lagos · 6d54ed | Active | €335,000 | €6,321 | 4.3% | 75 | 70 |
| rua dos Peixeiros | Active | €400,000 | €7,143 | 8.2% | 65 | 80 |
| São Gonçalo de Lagos · 956963 | Active | €380,000 | €4,750 | 28.1% | 76 | 80 |
| São Gonçalo de Lagos · 9569fb | Active | €350,000 | €4,217 | 36.1% | 76 | 78 |
| Median comp | €365,000 | €5,536 | 16.2% | 76 | 79 |
Short-term vacation rental This 1-bed apartment in São Gonçalo de Lagos, listed at €350,000, shows a significant gap of 41.7% from its fair value of €204,003, making it a poor choice for short-term vacation rentals despite the high tourist demand. With a gross yield of only 3.7%, it lacks the financial viability necessary for this investment strategy. Long-term rental Given its pricing at €350,000, this apartment is overpriced compared to the fair value of €204,003, resulting in an unappealing gross yield of 3.7% for long-term rentals. The current economic conditions in a tourism-heavy region may not sustain rental prices needed for profitability. Buy-and-hold Investing in this property as a buy-and-hold strategy is not advisable due to its price being 41.7% above fair value at €350,000, which undermines potential long-term gains. The 3.7% gross yield further suggests that this investment could struggle to appreciate sufficiently over time. Not ideal for: This property is not suitable for student housing, luxury market, or industrial investments due to its high price point and inadequate return metrics.
Economic Vulnerability The economic stability score of 60/100 indicates there may be potential fluctuations in demand or value, posing a risk to consistent rental income or property appreciation. The tenant stability score of 75/100 is relatively strong, yet the economic score suggests caution due to possible economic downturns affecting tenant retention or rent levels.
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