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.
3-bedroom, 3-bathroom house of 128 m² on the 1st floor, energy rating C. Located on rua Jardim da Meia Praia, 20, São Gonçalo de Lagos parish, Lagos municipality, Faro district. This townhouse features an expansive south-facing terrace ideal for sunbathing, and offers access to exclusive amenities such as a heated pool and tennis court within a private condominium.
The valuation. The asking price of €565,000 sits €56,951 above the fair value of €508,049, indicating it is overpriced by 10.1%. This discrepancy suggests potential challenges in achieving a satisfactory return on investment.
Fair value modelled at €508,049 from the area baseline, adjusted for condition and location. Asking €565,000 sits €56,951 (10.1%) above — overpriced versus fair value.
Asking €565,000 versus the rua Jardim da Meia Praia, 20 area baseline of €502,400 (€3,925/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 80 · Materials 85 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 77/100 (Housing Market 80 · Amenities 85 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Jardim da Meia Praia, 20
Area baseline €502,400 + condition +€12,800 + location +€48,273 = modelled fair value of €508,049 (€3,969/m²), a €56,951 (10.1%) gap versus the €565,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Jardim da Meia Praia, 20 | Subject | €565,000 | €4,414 | — | 80 | 77 |
| São Gonçalo de Lagos · 6ebaab | Active | €675,000 | €4,891 | 10.8% | 78 | 73 |
| São Gonçalo de Lagos · 1e61ce | Active | €775,000 | €5,272 | 19.4% | 80 | 73 |
| jardim da Meia Praia | Active | €425,000 | €3,512 | 20.4% | 75 | 73 |
| jardim da Meia Praia | Active | €425,000 | €3,512 | 20.4% | 75 | 70 |
| Median comp | €550,000 | €4,202 | 4.8% | 77 | 73 |
Short-term vacation rental Despite the attractive tourism presence in the Algarve region, this property at €565,000 is overpriced compared to the fair value of €508,049, resulting in a 10.1% gap. With a gross yield of 3.9%, pursuing a short-term vacation rental strategy may not yield sufficient returns given the current market valuation. Buy-and-hold Investing in a buy-and-hold strategy would not be advisable for this property, as it is priced 10.1% above its fair value at €565,000. While the neighborhood scores a decent 77/100, the current price point limits potential long-term appreciation and overall investment viability. Family rental This property's current listing price of €565,000 makes it overpriced, leading to concerns for family rental opportunities despite its solid condition rating of 81/100. Given the 3.9% gross yield, family rental should be approached cautiously, as the investment may not deliver the expected returns relative to the market dynamics. Not ideal for With the property being overpriced, it is clear that pursuing a student housing, industrial investment, or luxury market strategy is not ideal. The prevailing market conditions and overvaluation suggest that these strategies would likely underperform in this scenario.
Economic Vulnerability The property carries a risk due to its economic stability score of 70/100, indicating potential fluctuations in market conditions that could impact rental income and property value negatively.
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