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 93 m², built in 2009, energy rating C. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. This apartment features dual outdoor terraces providing ample space for relaxation and entertaining, while its proximity to Porto de Mós Beach enhances the appeal of coastal living.
The valuation. The asking price of €465,000 sits significantly above the fair value of €369,393, reflecting an overpriced status of €95,607 (25.9%). This valuation suggests that potential investors may face challenges realizing a return on investment.
Fair value modelled at €369,393 from 6 comparable sales in the area. Asking €465,000 sits €95,607 (25.9%) above — overpriced versus fair value.
Asking €465,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €345,503 (€3,715/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €345,503, adjusted for condition and micro-location, gives a modelled fair value of €369,393 (€3,972/m²), a €95,607 (25.9%) gap versus the €465,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · 652f5f | Subject | €465,000 | €5,000 | — | 72 | 71 |
| São Gonçalo de Lagos · 4a42ae | Active | €425,000 | €3,972 | 20.6% | 72 | 61 |
| São Gonçalo de Lagos · 23f20d | Active | €425,000 | €3,972 | 20.6% | 73 | 70 |
| São Gonçalo de Lagos · 28b67a | Active | €425,000 | €3,972 | 20.6% | 75 | 72 |
| São Gonçalo de Lagos · 43918c | Active | €425,000 | €3,972 | 20.6% | 75 | 70 |
| Median comp | €425,000 | €3,972 | 20.6% | 74 | 70 |
Short-term vacation rental The property is overpriced by 25.9% in a tourist-oriented area, making it less attractive for vacation rental investments, especially given its 2.4% gross yield. With a fair value of €369,393, investors may find better opportunities that provide higher returns. Long-term rental At €465,000, the apartment exceeds its fair value by 25.9%, which could limit its desirability for long-term tenants seeking value in housing. The current yield of 2.4% does not justify the price tag, suggesting potential cash flow challenges for landlords. Buy-and-hold The buy-and-hold strategy is not advisable here due to the property being overpriced by 25.9%, which diminishes long-term investment viability. An effective buy-and-hold strategy typically relies on acquiring assets at or below fair value to ensure healthy appreciation and returns, neither of which this property offers.
Economic Vulnerability Given the economic stability score of 65/100, there is a risk that economic fluctuations could adversely impact property value and rental income stability.
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