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 apartment features a large balcony perfect for outdoor entertaining, offering stunning views of the south-facing pool and beautifully landscaped gardens at Belmar Spa & Beach Resort.
The valuation. The asking price of €475,000 is significantly higher than the fair value of €368,369, making it overpriced by €106,631 (22.4%). This discrepancy indicates that potential buyers should exercise caution and conduct further analysis before proceeding. Buy-to-flip angle. Given the current market conditions, a buy-to-flip strategy could yield profits if renovations are made that enhance appeal. However, the asking price significantly limits potential resale earnings in a competitive market. Buy-to-let angle. With a gross yield of 4.2% and estimated monthly rental income of €1,662, this property could serve as a viable long-term hold. The seasonal tourist demands in the Algarve may bolster rental income during peak seasons, offsetting suboptimal purchase terms.
Fair value modelled at €368,369 from the area baseline, adjusted for condition and location. Asking €475,000 sits €106,631 (22.4%) 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 81/100 (Condition 80 · Materials 85 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 68/100 (Housing Market 75 · Amenities 65 · Economic 55 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
estrada de Porto de Mós S / N
Area baseline €376,800 + condition +€9,000 + location +€24,137 = modelled fair value of €368,369 (€3,837/m²), a €106,631 (22.4%) 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 | 68 |
| 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 |
| Median comp | €665,000 | €4,783 | 3.3% | 82 | 72 |
Short-term vacation rental This property, while located in the tourist hotspot of Algarve, is overpriced at €475,000 compared to its fair value of €368,369, reflecting a 22.4% gap. With a gross yield of only 4.2%, the potential returns from short-term rentals may not justify the elevated entry price. Buy-and-hold The buy-and-hold strategy for this property is not advisable, as it is overpriced, making it less likely to appreciate sufficiently to cover its high initial cost of €475,000. The fair value assessment suggests that holding this asset could lead to underperformance relative to market expectations. Long-term rental Investing in this property for long-term rental appears unattractive due to its overpriced status at €475,000 when the fair value is just €368,369, representing a considerable 22.4% premium. The gross yield of 4.2% indicates that rental returns are unlikely to be competitive in light of the current asking price.
Economic Vulnerability The economic stability score of 55/100 indicates a risk of volatility in income and expenses, potentially impacting returns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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