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.
3-bedroom, 3-bathroom house of 251 m², built in 1980. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. Unique Feature: Nestled in the serene hills of Falfeira, this property boasts exceptional privacy and panoramic views of Lagos Bay, enhancing its charm and tranquility for potential modern renovations.
The valuation. The asking price of €850,000 sits €59,927 (7.6%) above the fair value of €790,073, indicating the property is fairly priced relative to its true market worth.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · 89e72f | Subject | €850,000 | €3,386 | — | — | 72 |
| São Gonçalo de Lagos · b3295b | Active | €1,062,500 | €3,450 | 1.9% | 72 | 74 |
| São Gonçalo de Lagos · b7c1c3 | Active | €1,300,000 | €3,148 | 7.1% | — | 76 |
| São Gonçalo de Lagos · 483b3a | Active | €1,300,000 | €3,148 | 7.1% | — | 72 |
| São Gonçalo de Lagos · be93bd | Active | €1,300,000 | €3,148 | 7.1% | — | 70 |
| Median comp | €1,300,000 | €3,148 | 7.0% | 72 | 73 |
Short-term vacation rental This property, while situated in Algarve's prime tourist region known for significant seasonal demand, presents a yield of only 3.8%, indicating that it may not meet investor expectations for high returns. Furthermore, with a fair value of €790,073 against the listing price of €850,000, the property is fairly priced but offers limited upside potential for short-term rental investment. Buy-and-hold As a buy-and-hold investment, the property reflects a fair market value with minor potential for appreciation, given its neighborhood rating of 72/100. Although the location benefits from continuous tourist traffic, the current listing price suggests that the property's value has already factored in its nearby amenities and tenant quality, making long-term capital appreciation uncertain. Long-term rental The property’s gross yield of 3.8% makes it less attractive for long-term rentals, particularly when considering its fair valuation at €850,000. While the location has decent tenant quality and amenities, the current price does not offer a compelling justification for sustained long-term rental investment, as it may hinder cash flow potential. Not ideal for This property is not suitable for student housing due to its pricing dynamics and tourism-centric location, which likely does not attract long-term student tenants. It’s also poorly aligned for the luxury market and industrial development, as both sectors typically demand different property specifications and investment strategies.
Potential Tenant Turnover The tenant stability score of 65/100 indicates a higher likelihood of tenant turnover, which could lead to increased vacancy rates and potential loss of 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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