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 151 m², built in 2006, energy rating B. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. Privacy: The ground floor unit features an elevated balcony overlooking a serene green area, ensuring seclusion while enjoying outdoor views. Lifestyle: Residents benefit from exclusive access to two pools amidst beautifully landscaped lawns.
The valuation. The asking price of €420,000 is significantly below the fair value of €568,088, representing a discount of €148,088 (35.3%). This property is clearly underpriced, offering a potential advantage for investors.
Fair value modelled at €568,088 from the area baseline, adjusted for condition and location. Asking €420,000 sits €148,088 (35.3%) below — the upside to fair value.
Asking €420,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €592,675 (€3,925/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 68/100 (Housing Market 70 · Amenities 70 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
São Gonçalo de Lagos, Lagos, Faro
Area baseline €592,675 + condition +€2,831 + location +€37,965 = modelled fair value of €568,088 (€3,762/m²), a €148,088 (35.3%) gap versus the €420,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · 23f50c | Subject | €420,000 | €2,781 | — | 72 | 68 |
| rua do Barinel | Active | €475,000 | €4,060 | 46.0% | 72 | 74 |
| São Gonçalo de Lagos · 4d451b | Active | €440,000 | €3,188 | 14.6% | 72 | 72 |
| São Gonçalo de Lagos · 0016aa | Active | €530,000 | €4,077 | 46.6% | 76 | 74 |
| largo da República | Active | €530,000 | €4,077 | 46.6% | 80 | 69 |
| Median comp | €502,500 | €4,069 | 46.3% | 74 | 73 |
Short-term vacation rental This 2-bed apartment in São Gonçalo de Lagos, priced at €420,000, is an attractive investment as it is currently subvalorizada by 35.3% compared to its fair value of €568,088. With a gross yield of 4.1%, it offers a desirable opportunity in a tourist-heavy market. Buy-and-hold Purchasing this property now at €420,000 presents an excellent buy-and-hold opportunity due to its valuation gap and potential for appreciation as the market continues to grow. The reasonable condition score of 76/100 supports the feasibility of long-term tenancy. Family rental The 2-bed apartment's location in Lagos allows for a profitable family rental strategy, given its fair value significantly exceeds its listing price. Although the neighbourhood quality is moderately rated at 68/100, the property’s spaciousness makes it suitable for families seeking long-term housing options.
Economic Vulnerability With an economic stability score of 65/100, there is a significant risk that economic fluctuations could adversely impact rental income and property values. Tenant Instability A tenant stability score of 65/100 indicates potential challenges in tenant retention, leading to increased vacancy rates and associated financial losses.
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