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 on the 1st floor, 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 integrated appliances and underfloor heating throughout, enhancing comfort and convenience in a highly modern living environment.
The valuation. The asking price of €475,000 exceeds the fair value of €375,682 by €99,318 (20.9%). This property is considered overpriced.
Fair value modelled at €375,682 from the area baseline, adjusted for condition and location. Asking €475,000 sits €99,318 (20.9%) 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 82/100 (Condition 80 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 72/100 (Housing Market 78 · Amenities 70 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
estrada de Porto de Mós S / N
Area baseline €376,800 + condition +€10,950 + location +€29,500 = modelled fair value of €375,682 (€3,913/m²), a €99,318 (20.9%) 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 | 72 |
| 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 |
| Median comp | €617,500 | €5,246 | 6.0% | 77 | 73 |
Short-term vacation rental The property is overpriced by 20.9% against its fair value, which could hinder profitability in the competitive short-term rental market shaped by the tourism-driven economy of the Algarve. Additionally, despite a strong seasonal rental character, the gross yield of 4.2% does not justify the premium price, impacting potential returns for investors. Long-term rental At €475,000, the apartment's cost exceeds the fair value by 20.9%, making it less appealing as a long-term rental investment in an area where rental yields remain subdued. While the local economy's reliance on tourism offers tenant demand, the current price may limit cash flow potential, impacting long-term financial viability. Buy-and-hold With a fair value of €375,682, the property listed at €475,000 presents a significant gap and is considered overpriced, which may deter investors seeking stable appreciation in the buy-and-hold strategy. The current condition and neighborhood ratings, while decent, do not align with the elevated acquisition cost, suggesting a less favorable outlook for long-term value growth.
Economic Vulnerability With an economic stability score of 65/100, there is a risk of economic downturn affecting tenant retention and 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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