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. This property includes electric shutters and underfloor heating, enhancing comfort while enjoying the luxury of a south-facing garden and pool view.
The valuation. The asking price of €475,000 is significantly above the fair value of €382,387, resulting in an overpriced property by €92,613 (19.5%). This valuation indicates a discrepancy that may deter potential investors. Buy-to-flip angle. A buy-to-flip strategy may be challenging given the current listing price, as resale potential must account for the overpricing; however, renovations could attract buyers seeking modern luxury enhancements. Buy-to-let angle. The estimated rental income of €1,662 per month represents a gross yield of 4.2%, appealing for a buy-and-hold strategy, particularly in a tourist-focused area like coastal Algarve.
Fair value modelled at €382,387 from the area baseline, adjusted for condition and location. Asking €475,000 sits €92,613 (19.5%) 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 82/100 (Condition 80 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 77/100 (Housing Market 85 · Amenities 75 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
estrada de Porto de Mós S / N
Area baseline €376,800 + condition +€10,950 + location +€36,205 = modelled fair value of €382,387 (€3,983/m²), a €92,613 (19.5%) gap versus the €475,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada de Porto de Mós S / N | Subject | €475,000 | €4,948 | — | 80 | 77 |
| São Gonçalo de Lagos · 090044 | Active | €685,000 | €5,708 | 15.4% | 82 | 73 |
| urbanização Marina Park | Active | €550,000 | €4,783 | 3.3% | 71 | 72 |
| urbanização Marina Marina de Lagos | Active | €665,000 | €4,750 | 4.0% | 82 | 66 |
| São Gonçalo de Lagos · 9569fb | Active | €350,000 | €4,217 | 14.8% | 76 | 78 |
| Median comp | €607,500 | €4,767 | 3.7% | 79 | 73 |
Short-term vacation rental Given the strong tourism market in Algarve, the expected gross yield of 4.2% falls short when considering the property is overpriced by 19.5% compared to its fair value. Additionally, the decent condition score of 82/100 may attract visitors, but the financial metrics do not support this investment. Buy-and-hold Holding this property long-term is not advisable due to its 19.5% gap from fair value, which indicates that it is significantly overpriced at €475,000. While the neighbourhood rating of 77/100 suggests potential for appreciation, the current cost outweighs the expected returns. Family rental Investing in this property as a family rental appears unwise, given its overpriced status reflected by a 19.5% premium over fair value. Although it has a satisfactory neighbourhood score of 77/100, the financial viability is compromised by the high purchase price and suboptimal yield of 4.2%.
Economic vulnerability The economic stability score of 70 suggests potential fluctuations in market conditions that could impact rental income and property value.
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