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.
4-bedroom, 4-bathroom duplex of 257 m², energy rating B. Located on rua Francisco L. M. Veloso, Lagoa e Carvoeiro parish, Lagoa municipality, Faro district. Features: The property features a spacious rooftop terrace with panoramic views and a covered private parking space, enhancing both outdoor enjoyment and convenience for residents.
The valuation. The asking price of €590,000 sits €246,531 (29.5%) below the fair value of €836,531, indicating that this property is subpriced within the current market context.
Fair value modelled at €836,531 from 6 comparable sales in the area. Asking €590,000 sits €246,531 (29.5%) below — the upside to fair value.
Asking €590,000 versus the rua Francisco L. M. Veloso area baseline of €669,235 (€2,604/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 €669,235, adjusted for condition and micro-location, gives a modelled fair value of €836,531 (€3,255/m²), a €246,531 (29.5%) gap versus the €590,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Francisco L. M. Veloso | Subject | €590,000 | €2,296 | — | 80 | 72 |
| Lagoa e Carvoeiro · 4a4341 | Active | €450,000 | €1,800 | 21.6% | 75 | 69 |
| Estômbar e Parchal · 438eeb | Active | €395,000 | €2,782 | 21.2% | 78 | 73 |
| rua Francisco Sá Carneiro S / N | Active | €350,000 | €3,241 | 41.2% | 70 | 75 |
| rua Jacinto Correia, 4 | Active | €455,000 | €4,063 | 77.0% | 80 | 70 |
| Median comp | €422,500 | €3,012 | 31.2% | 77 | 72 |
Short-term vacation rental The property is well-positioned for short-term vacation rentals in Algarve, benefiting from a seasonal market that attracts tourists looking for family accommodations. Given the fair value of €836,531 compared to the listing price of €590,000, this opportunity represents significant upside potential in generating rental income. Buy-and-hold Investing in this 4-bed duplex provides a unique opportunity to capitalize on the growing property values in Lagoa, especially as it is underpriced by 29.5% from its fair value. The combination of a solid condition score and a favorable neighborhood rating makes it a strategic holding for long-term appreciation. Luxury market The property’s spacious layout and prime location make it an attractive option for entry into the luxury real estate market in Algarve. With significant value upside compared to current pricing, this investment could cater to discerning buyers seeking high-quality vacation homes in a sought-after neighborhood.
Potential for Increased Vacancy The economic and tenant stability scores of 65/100 indicate a moderate risk for potential increased vacancy rates, as both factors suggest uncertainty in tenant retention and overall market 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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