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.
0-bedroom, 0-bathroom country_estate of 505 m². Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. This property features a historic façade from the 17th century and is strategically located adjacent to the medieval city walls, enhancing its potential for culturally-themed redevelopment.
The valuation. There are not enough comparable sales in this area yet to establish a reliable fair-value estimate. This lack of data creates uncertainty in determining a definitive price assessment.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · b3295e | Subject | €1,600,000 | €3,168 | — | — | 72 |
| rua do Poço | Active | €319,000 | €4,493 | 41.8% | 75 | 68 |
| São Gonçalo de Lagos · 46801f | Active | €299,000 | €4,902 | 54.7% | 72 | 70 |
| São Gonçalo de Lagos · de0c60 | Active | €319,000 | €5,317 | 67.8% | 74 | 74 |
| São Gonçalo de Lagos · ba3e34 | Active | €410,000 | €5,256 | 65.9% | 80 | 78 |
| Median comp | €319,000 | €5,079 | 60.3% | 75 | 72 |
Short-term vacation rental The property’s proximity to developed tourist areas in Algarve positions it favorably for short-term vacation rentals, catering to an influx of tourists seeking unique accommodations. With a gross yield of 2.6%, there is potential for strong revenue generation during peak seasons, despite its current condition rating of 0/100. Buy-and-hold Investing in this property as a buy-and-hold strategy could result in long-term wealth accumulation due to the high demand for residential properties in tourist-centric regions. As the local economy continues to thrive, bolstered by tourism, property values may appreciate, making it an attractive asset for future sale. Long-term rental Although the property may not be ideal for long-term rental given its condition and the limited tenant quality in the area, it still offers steady potential for rental income. The 2.6% gross yield reflects opportunities for stabilization and gradual improvement in tenant attraction as the neighborhood develops further.
Economic Vulnerability With an economic stability score of 65/100, there is a risk that potential fluctuations in the local economy could adversely affect rental demand and property value.
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Not enough comparable sales in this area to confidently estimate a fair value.
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