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 117 m², built in 2009, energy rating B. Located on rua do Barinel S / N, São Gonçalo de Lagos parish, Lagos municipality, Faro district. Noteworthy Features: This apartment offers breathtaking amphitheater views of Meia-Praia bay from its balconies, enhancing outdoor living while being just a five-minute walk from Lagos Marina.
The valuation. The asking price of €475,000 sits €18,073 or 3.8% above the fair value of €456,927, indicating that the property is overpriced. This discrepancy suggests that potential investors might need to negotiate downwards to align with market expectations.
Fair value modelled at €456,927 from the area baseline, adjusted for condition and location. Asking €475,000 sits €18,073 (3.8%) above — overpriced versus fair value.
Asking €475,000 versus the rua do Barinel S / N area baseline of €459,225 (€3,925/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 78 · Materials 82 · 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 70). Strong amenities and housing-market momentum support a premium to baseline.
rua do Barinel S / N
Area baseline €459,225 + condition +€9,141 + location +€39,222 = modelled fair value of €456,927 (€3,905/m²), a €18,073 (3.8%) gap versus the €475,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Barinel S / N | Subject | €475,000 | €4,060 | — | 78 | 74 |
| rua Raul Brandäo | Active | €1,100,000 | €6,748 | 66.2% | 85 | 71 |
| urbanização Senhora Gloria, 30 | Active | €475,000 | €5,793 | 42.7% | 80 | 78 |
| urbanização Vila Branca | Active | €395,000 | €4,031 | 0.7% | 80 | 70 |
| largo da República | Active | €530,000 | €4,077 | 0.4% | 80 | 69 |
| Median comp | €502,500 | €4,935 | 21.6% | 80 | 71 |
Short-term vacation rental The 2-bed apartment in São Gonçalo de Lagos is listed at €475,000, which is 3.8% above its fair value of €456,927, making it overpriced for the short-term vacation rental strategy. The gross yield of 4% does not support a sound investment return given the elevated price compared to market expectations. Buy-and-hold With a listing price of €475,000, this property exceeds its fair value by 3.8%, suggesting it is overpriced for long-term hold investors. The conditions and neighborhood ratings are decent, but the financials do not align favorably for a profitable hold strategy. Family rental At €475,000, this 2-bed apartment is priced 3.8% above its fair value, indicating it is overpriced for family rental purposes. Although the property has a respectable condition score of 80/100, the higher entry price may deter potential long-term renters seeking affordability. Not ideal for: Student housing, Luxury market, Value-add renovation
Economic Vulnerability The property faces potential financial instability due to a relatively low economic stability score of 60/100, which may affect rental income and property value in the long term.
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