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 138 m², built in 2000, energy rating D. Located on largo da República, São Gonçalo de Lagos parish, Lagos municipality, Faro district. This apartment features exclusive access to a tennis court and a sea view pool surrounded by lush tropical gardens, enhancing the luxury lifestyle within the prestigious Monte Anastácia condominium.
The valuation. The asking price of €750,000 is below the fair value of €859,563, indicating a discount of €109,563 (12.7%). This property is subvalued, presenting a compelling opportunity for investors.
Fair value modelled at €748,356 from 6 comparable sales in the area. Asking €650,000 sits €98,356 (13.1%) below — the upside to fair value.
Asking €650,000 versus the largo da República area baseline of €718,469 (€5,206/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €718,469, adjusted for condition and micro-location, gives a modelled fair value of €748,356 (€5,423/m²), a €98,356 (13.1%) gap versus the €650,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| largo da República | Subject | €650,000 | €4,710 | — | 82 | 70 |
| São Gonçalo de Lagos · 82902e | Active | €650,000 | €5,118 | 8.7% | 88 | 70 |
| São Gonçalo de Lagos · 56a2a3 | Active | €395,000 | €5,411 | 14.9% | 88 | 71 |
| avenida da Republica | Active | €515,000 | €5,049 | 7.2% | 72 | 78 |
| São Gonçalo de Lagos · dee54a | Active | €350,000 | €6,604 | 40.2% | 72 | 74 |
| Median comp | €455,000 | €5,265 | 11.8% | 80 | 73 |
Short-term vacation rental This 2-bed apartment is strategically positioned in Algarve, a prime tourist destination, making it an appealing option for short-term vacation rentals. With current market dynamics and strong demand for lodging in the region, the property presents an opportunity for attractive returns given its fair value gap of 12.7%. Long-term rental The apartment's favorable condition and decent neighborhood ratings support its potential as a long-term rental investment. Given the strong tourism-driven economy in Algarve, acquiring this property is expected to offer stable rental income aligned with its valuation advantage. Buy-and-hold The property is a sound choice for a buy-and-hold strategy, as it is located in a high-demand area that benefits from continuous tourism influx. With a fair value gap of 12.7%, holding this asset will likely yield solid appreciation over time due to its advantageous positioning in the bustling Lagos market.
Potential tenant turnover risk The combination of a 60 tenant stability score suggests that there could be higher than average turnover rates, impacting the long-term rental income reliability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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