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.
3-bedroom, 2-bathroom apartment of 150 m², built in 2003, energy rating C. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. Noteworthy features: The apartment boasts a Southeast facing balcony with stunning views of Meia Praia, perfect for outdoor dining and relaxation, alongside private access to west-facing balconies from the additional bedrooms.
The valuation. The asking price of €749,000 sits below the fair value of €786,285, reflecting a difference of €37,285 (4.7%). This verdict indicates that the property is fairly valued in the current market.
Fair value modelled at €786,285 from 6 comparable sales in the area. Asking €749,000 sits €37,285 (4.7%) below — the upside to fair value.
Asking €749,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €732,348 (€4,882/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €732,348, adjusted for condition and micro-location, gives a modelled fair value of €786,285 (€5,242/m²), a €37,285 (4.7%) gap versus the €749,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · 86cd1e | Subject | €749,000 | €4,993 | — | 75 | 77 |
| avenida da Republica | Active | €515,000 | €5,049 | 1.1% | 72 | 78 |
| rua das Quintas | Active | €690,000 | €6,970 | 39.6% | 83 | 74 |
| largo da República | Active | €650,000 | €4,710 | 5.7% | 82 | 70 |
| urbanização Marina Park | Active | €550,000 | €4,783 | 4.2% | 71 | 72 |
| Median comp | €600,000 | €4,916 | 1.5% | 77 | 73 |
Short-term vacation rental The property in São Gonçalo de Lagos benefits from a strong tourist appeal, making it suitable for short-term vacation rentals. However, with a gross yield of 2.4%, it falls short of the typical returns expected in this segment, indicating that it's priced fairly. Buy-and-hold As the market shows stable long-term aspects, investing in this apartment could yield steady returns over time, even if current yields are modest at 2.4%. The property's fair pricing at €749,000 positions it well for potential appreciation, aligning with a longer investment horizon. Family rental The apartment is situated in a neighborhood rated 77/100, appealing to families seeking stable living conditions. Although the current investment appears fairly priced, the yield of 2.4% may not be attractive for families looking for strong rental returns.
Potential Market Volatility With both economic and tenant stability scores at 75/100, there is a risk of market fluctuations that could impact rental income and property value adversely.
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