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.
1-bedroom, 1-bathroom townhouse of 61 m², energy rating C. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. Noteworthy Features: The property includes a covered storage area in the private courtyard, an integrated water tank that allows the storage and use of drinking water, and a central vacuum cleaner system.
The valuation. The asking price of €299,000 sits €21,641 (6.7%) below the fair value of €320,641, indicating that the property is fairly priced relative to the market.
Fair value modelled at €320,641 from 5 comparable sales in the area. Asking €299,000 sits €21,641 (6.7%) below — the upside to fair value.
Asking €299,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €301,234 (€4,938/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €301,234, adjusted for condition and micro-location, gives a modelled fair value of €320,641 (€5,256/m²), a €21,641 (6.7%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · d7484c | Subject | €299,000 | €4,902 | — | 80 | 75 |
| São Gonçalo de Lagos · de0c60 | Active | €319,000 | €5,317 | 8.5% | 74 | 74 |
| São Gonçalo de Lagos · ba3e34 | Active | €410,000 | €5,256 | 7.2% | 80 | 78 |
| São Gonçalo de Lagos · b329a1 | Active | €475,000 | €4,750 | 3.1% | 64 | 66 |
| São Gonçalo de Lagos · 956d0a | Active | €399,500 | €5,790 | 18.1% | 72 | 74 |
| Median comp | €404,750 | €5,287 | 7.9% | 73 | 74 |
Short-term vacation rental The property, located in a prime Algarve tourist region, demonstrates a solid gross yield of 4.4%, indicating its potential for short-term rental success. However, with a fair value gap of only 6.7%, the pricing is in line with market expectations, which may limit further appreciation in this segment. Luxury market This 1-bed townhouse boasts an appealing condition score of 77/100, making it a contender in the luxury market for vacation homes. Nevertheless, priced at €299,000 with a fair value assessment of €320,641, the property reflects a fair valuation, suggesting limited upside potential for luxury buyers seeking significant discounts. Family rental Given the neighborhood's rating of 75/100, this property could be attractive for families looking for rental options in a safe and desirable area. Yet, with the current listing positioned fairly against its estimated fair value, renters might not find value in negotiating lower prices in this slightly priced market. Not ideal for student housing The property's characteristics and neighborhood dynamics do not align with the demands typical of student housing markets, where price sensitivity and room-sharing dynamics prevail. As such, the property is not a fitting investment for this strategy. Not ideal for industrial use The townhome's residential nature and location within a tourist-centric area make it ill-suited for industrial use, as demand for commercial spaces diverges significantly from residential properties in prime locations. Therefore, pursuing industrial investments here would be misguided.
Economic vulnerability With an economic stability score of 65/100, there is a significant risk that economic fluctuations could adversely impact property value and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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