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, 2-bathroom apartment of 239 m² on the 2nd floor, built in 2003, energy rating A. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. Noteworthy Features: The property includes a panoramic jacuzzi on the rooftop reserved exclusively for 10 residents, enhancing its luxury living experience with breathtaking views.
The valuation. The asking price of €1,350,000 is slightly below the fair value of €1,365,272, indicating a valuation at just 1.1% under fair market expectations. This suggests an acceptable price point for prospective investors.
Fair value modelled at €1,365,272 from 6 comparable sales in the area. Asking €1,350,000 sits €15,272 (1.1%) below — the upside to fair value.
Asking €1,350,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €1,157,376 (€4,843/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €1,157,376, adjusted for condition and micro-location, gives a modelled fair value of €1,365,272 (€5,712/m²), a €15,272 (1.1%) gap versus the €1,350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · 467fdd | Subject | €1,350,000 | €5,649 | — | 82 | 68 |
| rua Raul Brandäo | Active | €980,000 | €5,632 | 0.3% | 80 | 65 |
| rua Raul Brandäo | Active | €1,100,000 | €6,748 | 19.5% | 80 | 68 |
| urbanização Senhora Gloria, 30 | Active | €475,000 | €5,793 | 2.6% | 80 | 78 |
| rua Raul Brandäo | Active | €1,100,000 | €6,748 | 19.5% | 85 | 71 |
| Median comp | €1,040,000 | €6,271 | 11.0% | 80 | 70 |
Long-term rental The apartment offers a fair value position, aligning closely with market expectations at €1,350,000, which is just 1.1% below the estimated fair value. With a gross yield of 1.9%, this investment may be attractive to long-term renters but does not present a significant upside compared to current market conditions. Short-term vacation rental Given the prime location in the Algarve region, this property has potential for short-term vacation rentals; however, the current asking price reflects fair market value without significant room for appreciation. The seasonal fluctuations typical of the area should be factored into the financial projections, suggesting moderate returns at this price point. Buy-and-hold Acquiring this apartment as a buy-and-hold investment means accepting a property listed at €1,350,000, which is effectively inline with its fair value of €1,365,272. The modest income yield of 1.9% combined with stable neighborhood conditions indicates this investment could yield consistent long-term returns, albeit with limited growth expectations due to the property’s fair pricing.
Economic Vulnerability The property is at risk due to a lower economic stability score of 60/100, indicating potential economic fluctuations that could affect rental income and demand.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Sign in to buy the report or use a credit
