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 148 m² on the 3rd floor, built in 2006, energy rating B. Located on rua Dom João I, São Gonçalo de Lagos parish, Lagos municipality, Faro district. Noteworthy Features: The property includes a large south-facing balcony with stunning views over the marina and features a separate pantry in the kitchen for added convenience.
The valuation. The asking price of €575,000 is below the fair value of €673,485, indicating a discount of €98,485 (14.6%). This property is subvalued, presenting a compelling investment opportunity in the current market.
Fair value modelled at €673,485 from 6 comparable sales in the area. Asking €575,000 sits €98,485 (14.6%) below — the upside to fair value.
Asking €575,000 versus the rua Dom João I area baseline of €640,650 (€4,329/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 €640,650, adjusted for condition and micro-location, gives a modelled fair value of €673,485 (€4,551/m²), a €98,485 (14.6%) gap versus the €575,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Dom João I | Subject | €575,000 | €3,885 | — | 75 | 77 |
| rua do Barinel S / N | Active | €475,000 | €4,060 | 4.5% | 78 | 74 |
| rua do Barinel | Active | €475,000 | €4,060 | 4.5% | 72 | 74 |
| rua Raul Brandäo | Active | €1,100,000 | €6,748 | 73.7% | 85 | 71 |
| rua Maria Helena Vieira da Silva | Active | €495,000 | €3,808 | 2.0% | 80 | 70 |
| Median comp | €485,000 | €4,060 | 4.5% | 79 | 73 |
Short-term vacation rental The property is strategically located near the Algarve, a region known for its strong tourism appeal, which positions it well for short-term rental opportunities. With a fair value gap of 14.6%, potential investors can benefit from attractive margins in a booming market. Buy-and-hold Investing in this 2-bed apartment presents a solid buy-and-hold opportunity, as it is situated in an area with a vibrant local economy centered on hospitality and tourism. The property’s gross yield of 4% indicates steady income potential, promising healthy returns over time. Luxury market Though currently listed below fair value, the apartment’s features and location align with the luxury market’s demand, making it an appealing asset for upscale buyers. Its condition rating of 76/100 underscores its attractiveness, while the neighborhood's 77/100 rating enhances its desirability for luxury clientele.
Economic Vulnerability The economic stability score of 70/100 indicates a moderate risk of economic fluctuations that could impact 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
