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 duplex of 110 m², built in 2009, energy rating D. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. Noteworthy Features: This duplex boasts a spectacular private rooftop terrace, offering a unique 360-degree panoramic view of the ocean and historic center of Lagos, ideal for sunset relaxation.
The valuation. The asking price of €495,000 is just €2,340 (0.5%) below the fair value of €497,340, indicating that the property is fairly priced in the current market.
Fair value modelled at €497,340 from 6 comparable sales in the area. Asking €495,000 sits €2,340 (0.5%) below — the upside to fair value.
Asking €495,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €478,161 (€4,347/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 €478,161, adjusted for condition and micro-location, gives a modelled fair value of €497,340 (€4,521/m²), a €2,340 (0.5%) gap versus the €495,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · 3df2a2 | Subject | €495,000 | €4,500 | — | 72 | 72 |
| rua Doutor Francisco Sá Carneiro, 4 | Active | €360,000 | €5,000 | 11.1% | 78 | 74 |
| São Gonçalo de Lagos · 49b696 | Active | €480,000 | €5,854 | 30.1% | 75 | 67 |
| rua José António F. Brak Lamy, 6 | Active | €380,000 | €4,043 | 10.2% | 82 | 78 |
| rua Brigadeiro Costa Franco, 3 | Active | €375,000 | €3,676 | 18.3% | 70 | 67 |
| Median comp | €377,500 | €4,522 | 0.5% | 77 | 71 |
Short-term vacation rental Given its location in Algarve, a prime tourist area with high demand for vacation rentals, this property could perform well in the short-term rental market despite its fair valuation. The gross yield of 3.3% aligns with current market expectations, indicating stable yet moderate returns for owners. Buy-and-hold Investors considering a buy-and-hold strategy may find this property appealing due to its solid condition (75/100) and relatively favorable neighborhood rating (72/100). However, as the market yields a 3.3% return, it may not significantly appreciate over time, given its fair valuation at €495,000. Long-term rental While the property is fairly priced and in a desirable tourist location, the yield of 3.3% may be limiting for those looking for high returns in a long-term rental context. The current condition and neighborhood ratings indicate a stable investment but do not signal exceptional growth potential. Not ideal for: Student housing, Industrial investments, Luxury market
Economic Vulnerability The economic stability score of 65/100 suggests a moderate risk of economic downturn that could impact tenant retention and 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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