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, 1-bathroom apartment of 90 m² on the 4th floor, built in 2020, energy rating B. Located on rua Jacinto Correia, Lagoa e Carvoeiro parish, Lagoa municipality, Faro district. Noteworthy features: This apartment boasts three balconies that offer stunning views and natural light, alongside a dedicated garage space for added convenience and security.
The valuation. The asking price of €329,000 is significantly above the fair value of €107,196, making it overpriced by €221,804 (67.4%). This discrepancy suggests the potential for a less favorable investment outcome.
Fair value modelled at €107,196 from the area baseline, adjusted for condition and location. Asking €329,000 sits €221,804 (67.4%) above — overpriced versus fair value.
Asking €329,000 versus the rua Jacinto Correia area baseline of €310,230 (€3,447/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 78 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 69/100 (Housing Market 80 · Amenities 75 · Economic 55 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Jacinto Correia
Area baseline €310,230 + condition +€9,000 + location +€6,936 = modelled fair value of €107,196 (€1,191/m²), a €221,804 (67.4%) gap versus the €329,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Jacinto Correia | Subject | €329,000 | €3,656 | — | 78 | 69 |
| rua Jacinto Correia, 4 | Active | €455,000 | €4,063 | 11.1% | 80 | 70 |
| rua do Pestana Golf Resort, 226 | Active | €435,000 | €7,373 | 101.7% | 75 | 65 |
| rua do Pestana Golf Resort, 226 | Active | €435,000 | €7,373 | 101.7% | 75 | 63 |
| Lagoa e Carvoeiro · 90d7a1 | Active | €435,000 | €3,063 | 16.2% | 75 | 74 |
| Median comp | €435,000 | €5,718 | 56.4% | 75 | 68 |
Long-term rental The property, currently listed at €329,000, is significantly overpriced compared to its fair value of €107,196, creating a substantial risk for a long-term rental strategy. With a gross yield of only 3.3%, the potential return does not justify the steep investment. Short-term vacation rental Despite the appeal of the Algarve for tourism, the €329,000 listing price is excessive relative to the fair value of €107,196, indicating the property is overpriced. The yield of 3.3% gross suggests that this investment would not perform well in the competitive short-term vacation rental market. Buy-and-hold At a listing price of €329,000, the property is overpriced compared to a fair value of €107,196, which raises concerns about its long-term growth potential. Investing in a buy-and-hold strategy under these conditions is risky, with a low yield of 3.3% failing to reflect good cash flow prospects.
Economic Vulnerability The economic stability score of 55/100 indicates a potential risk due to fluctuations in local economic conditions that could affect rental income stability.
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