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 house of 121 m², built in 2004, energy rating C. Located on jardim da Meia Praia, São Gonçalo de Lagos parish, Lagos municipality, Faro district. Noteworthy Features: This townhouse offers a communal heated pool with a children's pool, a tennis court, and an on-site restaurant, enhancing the living experience for residents and guests.
The valuation. The asking price of €425,000 sits slightly below the fair value of €438,994, resulting in a minor difference of €13,994 (3.2%). This positioning indicates the property is fairly priced in the current market. Buy-to-flip angle. The resale strategy involves targeting buyers seeking high-quality materials and a prime location near tourist attractions, potentially achieving a profit margin given the property's expected appreciation in value. Buy-to-let angle. The rental income strategy aims for a gross yield of 4.6%, with an estimated monthly rent of €1,629. This positions the property well for either short-term vacation rentals or as a long-term family rental.
Fair value modelled at €438,994 from 3 comparable sales in the area. Asking €425,000 sits €13,994 (3.2%) below — the upside to fair value.
Asking €425,000 versus the jardim da Meia Praia area baseline of €373,938 (€3,090/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €373,938, adjusted for condition and micro-location, gives a modelled fair value of €438,994 (€3,628/m²), a €13,994 (3.2%) gap versus the €425,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| jardim da Meia Praia | Subject | €425,000 | €3,512 | — | 73 | 73 |
| Odiáxere · f363a4 | Active | €595,000 | €3,628 | 3.3% | 73 | 73 |
| jardim da Meia Praia, 20 | Active | €565,000 | €4,414 | 25.7% | 75 | 76 |
| rua da Alegria, 3 | Active | €250,000 | €3,333 | 5.1% | 72 | 69 |
| Median comp | €565,000 | €3,628 | 3.3% | 73 | 73 |
Short-term vacation rental With a gross yield of 4.6% and proximity to Algarve tourist attractions, this property represents a stable option for short-term rental in a region where tourism is a key driver of the local economy. However, while the property is fairly priced, it may face competition in a market that can fluctuate seasonally. Buy-and-hold The property in São Gonçalo de Lagos is fairly valued at €425,000, providing a modest yield that aligns with long-term rental strategies. Given the positive neighborhood amenities and safety ratings, this investment could yield consistent returns over time, albeit with limited immediate appreciation potential. Family rental This 2-bed house is situated in a neighborhood with decent amenities and a safety rating of 73/100, making it a reasonable choice for family rentals. While fairly priced, the potential for limited market appreciation could affect long-term investment strategies in a competitive rental landscape.
Economic Vulnerability The property's economic stability score of 60/100 indicates a moderate level of economic risk, which may affect tenant demand and rental income.
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