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 99 m² on the 1st floor, built in 2004, energy rating C. Located on rua das Quintas, São Gonçalo de Lagos parish, Lagos municipality, Faro district. This apartment includes a spacious covered terrace with views of the pool and landscaped gardens, perfect for outdoor entertaining and relaxation year-round.
The valuation. The asking price of €690,000 is significantly higher than the fair value of €391,271, creating an overpricing discrepancy of €298,729 (43.3%). This makes it a challenging investment for prospective buyers.
Fair value modelled at €391,271 from the area baseline, adjusted for condition and location. Asking €690,000 sits €298,729 (43.3%) above — overpriced versus fair value.
Asking €690,000 versus the rua das Quintas area baseline of €388,575 (€3,925/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 (Condition 83 · Materials 88 · Room dimensions 85). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 75 · Amenities 80 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua das Quintas
Area baseline €388,575 + condition +€12,375 + location +€33,188 = modelled fair value of €391,271 (€3,952/m²), a €298,729 (43.3%) gap versus the €690,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua das Quintas | Subject | €690,000 | €6,970 | — | 83 | 74 |
| São Gonçalo de Lagos · f3609c | Active | €685,000 | €7,697 | 10.4% | 85 | 71 |
| parque do Moínho | Active | €465,000 | €4,079 | 41.5% | 85 | 74 |
| urbanização Marina Marina de Lagos | Active | €665,000 | €4,750 | 31.8% | 82 | 66 |
| São Gonçalo de Lagos · dee54a | Active | €350,000 | €6,604 | 5.3% | 72 | 74 |
| Median comp | €565,000 | €5,677 | 18.5% | 84 | 73 |
Long-term rental The property is overpriced with a fair value gap of 43.3%, limiting its attractiveness for long-term rental investors who typically seek a better return on investment. With a gross yield of only 1.8%, the financial fundamentals do not support a viable long-term rental strategy. Short-term vacation rental Given its location in a popular tourist area, the property might attract short-term vacation rentals; however, the steep pricing makes it challenging to achieve a competitive edge in the market. The seasonal economic patterns could amplify the risk of underperformance, especially given the current valuation. Buy-and-hold Although buying and holding this property could seem appealing due to its location in Algarve, the significant gap from its fair value suggests that the return on investment could be compromised. The lower yield of 1.8% also signals that maintaining this asset for an extended period would not be financially sound in the current market environment.
Economic Vulnerability The relatively low economic stability score of 60/100 indicates potential susceptibility to market fluctuations that could impact property value 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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