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.
4-bedroom, 3-bathroom house of 226 m², built in 2005, energy rating C. Located on rua Aníbal Lúcio de Azevedo, Luz parish, Lagos municipality, Faro district. Noteworthy Features: The house's end-of-row position enhances privacy while offering some of the best sea views available in the development, making it a prime investment opportunity.
The valuation. The asking price of €675,000 is significantly above the fair value of €413,853, indicating it is overpriced by €261,147, or 38.7%. Such a discrepancy suggests that the property does not represent a financially sound investment opportunity at this price.
Fair value modelled at €413,853 from the area baseline, adjusted for condition and location. Asking €675,000 sits €261,147 (38.7%) above — overpriced versus fair value.
Asking €675,000 versus the rua Aníbal Lúcio de Azevedo area baseline of €1,019,486 (€4,511/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 78 · Materials 82 · Room dimensions 79). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 69/100 (Housing Market 70 · Amenities 70 · Economic 55 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Aníbal Lúcio de Azevedo
Area baseline €1,019,486 + condition +€19,422 + location +€27,859 = modelled fair value of €413,853 (€1,831/m²), a €261,147 (38.7%) gap versus the €675,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Aníbal Lúcio de Azevedo | Subject | €675,000 | €2,987 | — | 78 | 69 |
| Luz · 956ac6 | Active | €1,150,000 | €2,745 | 8.1% | 74 | 72 |
| Luz · 4d45f9 | Active | €1,195,000 | €5,745 | 92.4% | 75 | 73 |
| Luz · 956bf1 | Active | €980,000 | €2,248 | 24.7% | 74 | 75 |
| Luz · 4a7ccd | Active | €1,425,000 | €6,477 | 116.9% | 77 | 66 |
| Median comp | €1,172,500 | €4,245 | 42.1% | 75 | 73 |
Short-term vacation rental The property in Luz, Lagos appears to be overpriced at €675,000 compared to its fair value of €413,853, creating a significant gap of 38.7%. Despite the strong tourism demand in the Algarve area, the current pricing makes it less attractive for short-term vacation rentals. Buy-and-hold Investing in this property as a buy-and-hold strategy may be challenging given its overpriced status, with a value gap of 38.7%. While the location benefits from tourism and local amenities, the high price limits potential long-term appreciation in the market. Family rental This property is not positioned well for family rental given its overpriced listing of €675,000, which exceeds the fair value by 38.7%. Though it has decent condition and neighborhood ratings, the financial outlay may deter families seeking affordable long-term living options.
Economic Vulnerability With an economic stability score of 55/100, this property is at risk of fluctuations in local economic conditions that could affect rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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