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.
4-bedroom, 3-bathroom house of 160 m² on the 1st floor, built in 1951, energy rating E. Located on rua Marechal Furtado, 26, São Gonçalo de Lagos parish, Lagos municipality, Faro district. Noteworthy Features: The property features beautifully manicured outdoor spaces and traditional Portuguese azulejos that enhance its historic charm and provide a vibrant atmosphere for relaxation and entertainment.
The valuation. The asking price of €700,000 is above fair value, which is assessed at €613,122, indicating the property is overpriced by €86,878 (12.4%). This discrepancy reflects a market misalignment that could affect investment returns.
Fair value modelled at €613,122 from the area baseline, adjusted for condition and location. Asking €700,000 sits €86,878 (12.4%) above — overpriced versus fair value.
Asking €700,000 versus the rua Marechal Furtado, 26 area baseline of €628,000 (€3,925/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 75 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 78 · Amenities 72 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Marechal Furtado, 26
Area baseline €628,000 + condition +€3,000 + location +€51,402 = modelled fair value of €613,122 (€3,832/m²), a €86,878 (12.4%) gap versus the €700,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Marechal Furtado, 26 | Subject | €700,000 | €4,375 | — | 75 | 73 |
| São Gonçalo de Lagos · 001a87 | Active | €650,000 | €5,328 | 21.8% | 62 | 75 |
| São Gonçalo de Lagos · b7c37e | Active | €437,500 | €4,089 | 6.5% | 62 | 74 |
| rua da Bela Vista | Active | €420,000 | €3,925 | 10.3% | 70 | 78 |
| São Gonçalo de Lagos · 261f51 | Active | €399,500 | €5,790 | 32.3% | 75 | 71 |
| Median comp | €428,750 | €4,709 | 7.6% | 66 | 75 |
Short-term vacation rental The property is overpriced at €700,000 compared to its fair value of €613,122, leading to a concerning 12.4% gap. While the location benefits from Algarve's tourist appeal, securing a profitable yield of 5% may be challenging given the high listing price. Buy-and-hold With the listing price significantly above fair value, this property is a less favorable buy-and-hold investment at €700,000 versus a fair value of €613,122. Although the neighborhood has decent ratings, its overall appreciation potential is limited due to the high entry cost. Family rental At an asking price of €700,000, the property is overpriced in comparison to the fair value of €613,122, which impacts its suitability for family rental. The existing amenities and relatively good neighborhood score might not justify the premium price point, making long-term rental viability uncertain.
Economic Downturn Risk With an economic stability score of 65/100, there is potential vulnerability to local economic fluctuations that could impact tenant demand and rental income stability.
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