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 130 m², built in 2009, energy rating C. Located on rua 25 de Abril, São Gonçalo de Lagos parish, Lagos municipality, Faro district. Noteworthy features: The property boasts a unique rooftop terrace that offers panoramic 360-degree views of the historic center, city, and sea, perfect for sunset appreciation. Características notáveis: A propriedade possui um terraço no último piso que oferece vistas panorâmicas de 360 graus sobre o centro histórico, a cidade e o mar, perfeito para apreciar o pôr do sol.
The valuation. The asking price of €395,000 sits €15,643 (4.1%) above the fair value of €379,357. This property is fairly priced in the current market context.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua 25 de Abril | Subject | €395,000 | €3,038 | — | — | 64 |
| São Gonçalo de Lagos · 25f6a6 | Active | €330,000 | €2,558 | 15.8% | 70 | 73 |
| praça do Poder, 7A | Active | €350,000 | €3,241 | 6.7% | 75 | 70 |
| São Gonçalo de Lagos · 6d5147 | Active | €372,000 | €3,179 | 4.6% | 72 | 73 |
| rua General Humberto Delgado | Active | €395,000 | €3,160 | 4.0% | 68 | 67 |
| Median comp | €361,000 | €3,170 | 4.3% | 71 | 72 |
Short-term vacation rental The property in São Gonçalo de Lagos, listed at €395,000, is fairly priced, reflecting only a 4.1% gap compared to the assessed fair value of €379,357. Despite its prime location benefiting from Algarve's tourist-centric demand, the condition rating of 0/100 suggests significant renovation needs that could affect immediate cash flow. Long-term rental With a gross yield of 5.7%, this duplex offers a reasonable prospect for long-term rental, although the fair valuation indicates it's priced appropriately at €395,000. The neighbourhood score of 64/100 suggests a decent but not exceptional rental market, which may limit upside potential for sustained rental income. Buy-and-hold Acquiring this property for a buy-and-hold strategy is reasonable given its fair value assessment; however, the 0/100 condition score indicates that significant capital will likely be required to maintain or improve the asset over time. The stable tourism-driven demand in the area supports a hold strategy but care should be taken regarding ongoing maintenance costs given the current state of the property.
Tenant turnover risk: With a tenant stability score of 65/100, there is a moderate risk of higher than average tenant turnover, which may lead to increased vacancy rates and associated costs.
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