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, 1-bathroom apartment of 97 m² on the 1st floor, built in 2002, energy rating E. Located on urbanização Fazenda Grande, Lagoa e Carvoeiro parish, Lagoa municipality, Faro district. Noteworthy Features: This apartment includes a substantial outdoor space of 225 square meters, providing potential for enhancements or leisure areas to complement its modern living environment.
The valuation. The asking price of €295,000 sits €42,007 below the fair value of €337,007, indicating the property is underpriced by approximately 12.5%. This presents a compelling opportunity for serious buyers.
Fair value modelled at €337,007 from 6 comparable sales in the area. Asking €295,000 sits €42,007 (12.5%) below — the upside to fair value.
Asking €295,000 versus the urbanização Fazenda Grande area baseline of €291,531 (€3,005/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 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 €291,531, adjusted for condition and micro-location, gives a modelled fair value of €337,007 (€3,474/m²), a €42,007 (12.5%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| urbanização Fazenda Grande | Subject | €295,000 | €3,041 | — | 72 | 71 |
| rua Francisco Sá Carneiro S / N | Active | €350,000 | €3,241 | 6.6% | 70 | 75 |
| rua Mouzinho de Albuquerque | Active | €249,000 | €3,773 | 24.1% | 70 | 69 |
| Estômbar e Parchal · 438eeb | Active | €395,000 | €2,782 | 8.5% | 78 | 73 |
| rua do Barranco | Active | €320,000 | €4,000 | 31.5% | 68 | 73 |
| Median comp | €335,000 | €3,507 | 15.3% | 70 | 73 |
Short-term vacation rental The property is strategically located in the Algarve, a region reliant on tourism, which enhances its appeal as a short-term vacation rental despite a 0% gross yield currently. With a listing price of €295,000, it stands 12.5% below its fair value of €337,007, positioning it well for a profitable rental strategy moving forward. Buy-and-hold Investing in this property serves as a compelling buy-and-hold strategy, with its fair value significantly outperforming the current asking price. The anticipated long-term appreciation in a tourism-driven market can yield substantial returns, making this 2-bed apartment a strategically sound investment. Long-term rental While the property does not provide immediate rental income, its location and fair value of €337,007 suggest that it may attract quality tenants in the long-term rental market. The stable neighborhood score of 71/100 indicates a favorable environment for sustained rental demand, making it a prudent choice for long-term investment. Not ideal for This property is not ideal for student housing, as its two-bedroom layout and location are not designed to cater to the transient student demographic. Additionally, it lacks the opulence necessary to appeal to the luxury market segment, thus limiting its potential within that investment strategy. Industrial investment An industrial investment strategy is not applicable for this property, given its classification as a residential apartment in a tourist-centric area. The surrounding amenities and housing market dynamics do not align with the demands of industrial real estate.
Economic Vulnerability The economic stability score of 65 suggests a moderate risk of market fluctuations impacting property values, which could affect tenant demand and rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
