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 apartment of 115 m² on the 2nd floor, built in 1999, energy rating C. Located on parque do Moínho, São Gonçalo de Lagos parish, Lagos municipality, Faro district. Noteworthy Features: This apartment includes a cozy fireplace in the living room for warmth and ambiance, along with high-quality Daikin air conditioning in every room for optimal climate control.
The valuation. The asking price of €362,500 sits at €32,846 (8.3%) below the fair value of €395,346. This positions the property accurately at a fair market price, indicating a reasonable investment opportunity.
Fair value modelled at €395,346 from 6 comparable sales in the area. Asking €362,500 sits €32,846 (8.3%) below — the upside to fair value.
Asking €362,500 versus the parque do Moínho area baseline of €363,172 (€3,158/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 €363,172, adjusted for condition and micro-location, gives a modelled fair value of €395,346 (€3,438/m²), a €32,846 (8.3%) gap versus the €362,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| parque do Moínho | Subject | €362,500 | €3,152 | — | 74 | 72 |
| parque do Moínho | Active | €390,000 | €3,362 | 6.7% | 75 | 75 |
| rua das Canoas | Active | €370,000 | €2,517 | 20.2% | 72 | 73 |
| São Gonçalo de Lagos · ba3ebe | Active | €520,000 | €3,514 | 11.5% | 73 | 71 |
| rua Paolo Cocco | Active | €390,000 | €3,333 | 5.7% | 75 | 67 |
| Median comp | €390,000 | €3,348 | 6.2% | 74 | 72 |
Short-term vacation rental The property’s appeal as a short-term vacation rental is supported by its proximity to tourism hotspots, yet it remains fairly priced with a slight gap to fair value of 8.3%. Given the strong potential for seasonal demand, a yield of 4.8% can be seen as stable in this popular market. Buy-and-hold Investors looking at a buy-and-hold strategy may find this apartment attractive due to its fair valuation and healthy gross yield of 4.8%, which provides a steady income stream in a reliable location. Additionally, the solid neighbourhood score of 72/100 suggests a desirable living environment for future potential appreciation. Long-term rental As a long-term rental investment, this property offers an adequate yield of 4.8%, reflecting the ongoing demand for housing in the region. While fairly valued, investors should remain aware of the competitive rental landscape driven by tourism, which influences tenant quality and occupancy rates.
Economic downturn risk With an economic stability score of 65/100, there is a heightened risk of adverse market conditions that could negatively impact property values and rental income. Tenant instability risk The tenant stability score of 65/100 suggests a potential for high tenant turnover, which could lead to increased vacancies and reduced 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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