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 138 m², built in 2009, energy rating B. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. Noteworthy Features: The apartment features two southeast-facing balconies, offering abundant sunlight throughout the day and enhancing outdoor living space in a highly sought-after location near amenities and the beach.
The valuation. The asking price of €440,000 is significantly below the fair value of €522,147, indicating an underpriced property by €82,147, or 18.7%. This presents an attractive opportunity for potential buyers.
Fair value modelled at €522,147 from the area baseline, adjusted for condition and location. Asking €440,000 sits €82,147 (18.7%) below — the upside to fair value.
Asking €440,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €541,650 (€3,925/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 72 · Materials 75 · Room dimensions 76). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 72/100 (Housing Market 78 · Amenities 75 · Economic 65 · Tenant Quality 68). Strong amenities and housing-market momentum support a premium to baseline.
São Gonçalo de Lagos, Lagos, Faro
Area baseline €541,650 + condition -€2,156 + location +€42,407 = modelled fair value of €522,147 (€3,784/m²), a €82,147 (18.7%) gap versus the €440,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · 4d451b | Subject | €440,000 | €3,188 | — | 72 | 72 |
| São Gonçalo de Lagos · 0016aa | Active | €530,000 | €4,077 | 27.9% | 76 | 74 |
| urbanização Vila Branca | Active | €395,000 | €4,031 | 26.4% | 80 | 70 |
| largo da República | Active | €530,000 | €4,077 | 27.9% | 80 | 69 |
| rua do Barinel | Active | €475,000 | €4,060 | 27.3% | 72 | 74 |
| Median comp | €502,500 | €4,069 | 27.6% | 78 | 72 |
Short-term vacation rental The property in São Gonçalo de Lagos is well-positioned for short-term vacation rentals, with a fair value indicating potential strong demand. Coupled with a yield of 4.2%, this presents an attractive opportunity for investors seeking to capitalize on the thriving tourism market in the Algarve. Buy-and-hold Investing in this two-bedroom apartment appears favorable, given its fair value of €522,147 that reveals an 18.7% upside. The property’s location in a desirable neighborhood within Lagos further enhances its potential for long-term appreciation. Long-term rental While the gross yield of 4.2% is modest, the property’s valuation suggests it could generate steady income for long-term rental investments. The decent condition rating of 74/100 and the neighborhood score of 72/100 indicate a solid tenant base, making it suitable for consistent cash flow over time.
Economic Vulnerability Given the economic stability score of 65/100, there is a risk that fluctuations in the local economy could significantly impact tenant demand. Tenant Turnover Risk With a tenant stability score of 68/100, there is a potential for higher turnover rates, which could lead to increased vacancy periods and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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