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 107 m², built in 2002, energy rating C. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. Noteworthy Features: This apartment features a newly renovated interior and offers direct access to both the clubhouse and golf course, enhancing its appeal for avid golfers and leisure seekers alike.
The valuation. The asking price of €425,000 sits €16,302 (3.8%) above the fair value of €408,698, indicating that this property is overpriced. Buyers should approach with caution and thoroughly evaluate the investment potential.
Fair value modelled at €408,698 from the area baseline, adjusted for condition and location. Asking €425,000 sits €16,302 (3.8%) above — overpriced versus fair value.
Asking €425,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €419,975 (€3,925/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 75 · Materials 80 · Room dimensions 72). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 72/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
São Gonçalo de Lagos, Lagos, Faro
Area baseline €419,975 + condition +€2,173 + location +€32,881 = modelled fair value of €408,698 (€3,820/m²), a €16,302 (3.8%) gap versus the €425,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · 28b67a | Subject | €425,000 | €3,972 | — | 75 | 72 |
| São Gonçalo de Lagos · 49b696 | Active | €480,000 | €5,854 | 47.4% | 75 | 67 |
| estrada de Porto de Mós S / N | Active | €475,000 | €4,948 | 24.6% | 75 | 72 |
| estrada de Porto de Mós S / N | Active | €475,000 | €4,948 | 24.6% | 80 | 73 |
| urbanização Marina Marina de Lagos | Active | €665,000 | €4,750 | 19.6% | 82 | 66 |
| Median comp | €477,500 | €4,948 | 24.6% | 78 | 70 |
Long-term rental The property is overpriced at €425,000 compared to a fair value of €408,698, limiting potential returns for long-term rental investors. With a gross yield of 4.8% and a condition rating of 76/100, the investment may not be appealing in the current market conditions. Short-term vacation rental At a listing price above the fair value, the investment in short-term vacation rentals in this apartment may face challenges in achieving a satisfactory return. While the area benefits from tourism, the 3.8% gap indicates that the price point could deter high occupancy rates. Buy-and-hold With the property's valuation marked as overpriced and a fair value of €408,698, the buy-and-hold strategy may offer limited upside, especially amid fluctuating property values. The combination of a gross yield of 4.8% and an appealing but not exceptional condition leaves little room for growth in an overpriced market.
Economic Volatility The economic stability score of 65/100 indicates potential vulnerabilities in the local economy that may affect property values and rental income.
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