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 house of 100 m², built in 1986, energy rating C. Located on rua Santa, 2, Luz parish, Lagos municipality, Faro district. Noteworthy Features: The property includes a private rooftop terrace with sea views and a separate barbecue terrace, enhancing outdoor living and entertainment options. Location Highlights: Only a short stroll to Porto de Mós Beach and local amenities. Valuation: Fair.
The valuation. The asking price of €475,000 is €53,431 (12.7%) above the fair value of €421,569, indicating that this property is priced fairly in the current market.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Santa, 2 | Subject | €475,000 | €4,750 | — | — | 71 |
| Luz · 46814a | Active | €430,000 | €4,216 | 11.2% | 75 | 73 |
| Luz · 46819a | Active | €550,000 | €3,481 | 26.7% | — | 72 |
| rua Longa | Active | €750,000 | €4,688 | 1.3% | 68 | 72 |
| Luz · 6c7874 | Active | €495,000 | €3,037 | 36.1% | 74 | 76 |
| Median comp | €522,500 | €3,849 | 19.0% | 74 | 73 |
Short-term vacation rental This property, while positioned in a tourist-friendly area of Luz, Lagos, is priced at €475,000, which is 12.7% above its fair value of €421,569, leading to a yield of 2.9%. Given the high demand for short-term rentals in the area, the performance potential remains valid but does not justify the current premium pricing. Buy-and-hold Acquiring this property for a buy-and-hold strategy presents a challenge, as it is listed at €475,000, exceeding its fair value of €421,569 by 12.7%. While the steady tourism-driven economy supports long-term growth, the current yield of 2.9% does not offer sufficient returns to outweigh the property’s overpricing. Family rental Investing in this property for family rental purposes faces a key issue, as it is valued at €475,000, 12.7% above the fair valuation of €421,569. Despite a decent neighborhood score of 71/100, the inflated price does not align with the more stable family rental market dynamics in the region.
Potential tenant turnover The scores of 68 and 67 for economic and tenant stability indicate a moderate risk of tenant turnover, which could impact rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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