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.
5-bedroom, 2-bathroom country_house of 300 m², energy rating F. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. Note: The property includes a large tank and is situated on flat land with abundant water resources, making it ideal for agricultural or tourism ventures.
The valuation. The asking price of €790,000 is significantly above the fair value of €584,856, reflecting an overpricing of €205,144 (35.1%). This raises concerns about the property’s investment potential considering its current condition and market dynamics.
Fair value modelled at €584,856 from 6 comparable sales in the area. Asking €790,000 sits €205,144 (35.1%) above — overpriced versus fair value.
Asking €790,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €738,827 (€2,463/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 43/100 is below the parish average, reducing 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 €738,827, adjusted for condition and micro-location, gives a modelled fair value of €584,856 (€1,950/m²), a €205,144 (35.1%) gap versus the €790,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · f5eac6 | Subject | €790,000 | €2,633 | — | 40 | 75 |
| herdade do Funchal | Active | €850,000 | €1,889 | 28.3% | 70 | 73 |
| São Gonçalo de Lagos · bf284d | Active | €1,000,000 | €1,600 | 39.2% | 28 | 72 |
| beco do Lopo | Active | €120,000 | €2,000 | 24.1% | 15 | 69 |
| São Gonçalo de Lagos · 4bc1de | Active | €395,000 | €1,899 | 27.9% | 60 | 70 |
| Median comp | €622,500 | €1,894 | 28.1% | 44 | 71 |
Short-term vacation rental The property at €790,000 is priced 35.1% above its fair value, making it a poor candidate for short-term vacation rental investment given its low gross yield of 3.6%. Despite being in a desirable location near popular tourist beaches, the high listing price does not justify potential returns. Retirement community With a fair value of €584,856, the current listing price indicates that this property is overpriced by 35.1%, which raises concerns for its viability as a retirement community option. Even though the neighbourhood boasts low crime rates, the subpar condition score of 43/100 complicates the attractiveness for retirees seeking comfort and affordability. Luxury market The property’s asking price of €790,000 places it 35.1% above fair value, signaling that it is overpriced and not aligned with the expectations of potential luxury market buyers. Given the average conditions reflected in the score of 43/100 and a modest yield of 3.6%, it may struggle to attract discerning buyers in the luxury segment.
Economic Vulnerability The property's economic stability score of 60/100 suggests potential risks related to broader market fluctuations that 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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