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 102 m², built in 2009, energy rating B. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. Features: This apartment includes a west-facing terrace that provides stunning sea views and is located just 250 meters from the beach, enhancing its coastal allure and lifestyle. Condition: The modern design and high-quality finishes contribute to its luxurious living experience.
The valuation. The asking price of €575,000 is effectively aligned with the fair value of €575,317, resulting in a minimal difference of just €317 (0.1%). Verdict: fair. Buy-to-flip angle. Given its modern design and high-quality finishes, a cosmetic upgrade could enhance appeal, positioning the property for resale at a premium in a sought-after market. Buy-to-let angle. With an estimated gross yield of 3.5% from a monthly rental income of approximately €1,677, this property offers solid returns suitable for long-term investment in a tourist-heavy area.
Fair value modelled at €575,317 from 6 comparable sales in the area. Asking €575,000 sits €317 (0.1%) below — the upside to fair value.
Asking €575,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €539,812 (€5,292/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €539,812, adjusted for condition and micro-location, gives a modelled fair value of €575,317 (€5,640/m²), a €317 (0.1%) gap versus the €575,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · 1906ea | Subject | €575,000 | €5,637 | — | 78 | 74 |
| urbanização Senhora Gloria, 30 | Active | €475,000 | €5,793 | 2.8% | 80 | 78 |
| rua Raul Brandäo | Active | €1,100,000 | €6,748 | 19.7% | 80 | 68 |
| São Gonçalo de Lagos · 467fdd | Active | €1,350,000 | €5,649 | 0.2% | 82 | 68 |
| rua Raul Brandäo | Active | €980,000 | €5,632 | 0.1% | 80 | 65 |
| Median comp | €1,040,000 | €5,721 | 1.5% | 80 | 68 |
Long-term rental The 2-bed apartment in São Gonçalo de Lagos, while offering a 3.5% gross yield, is priced exactly at its fair value of €575,317. As the property maintains a decent condition (80/100) and the neighbourhood is rated 74/100, it may serve as a stable asset in the long-term rental market despite minimal pricing advantages. Short-term vacation rental With a fair value match, this unit’s yield of 3.5% aligns with the competitive vacation rental market in the Algarve region. Though the listing price suggests no immediate financial upside, the property could attract seasonal tourists due to its appealing condition and local amenities. Buy-and-hold Investing in this property for a buy-and-hold strategy is sensible given its fair value status and reasonable yield. The good condition and proximity to tourism-centric areas indicate potential for value appreciation over time, even if current pricing reflects no immediate gain.
Economic Vulnerability The economic stability score of 60/100 indicates potential risks related to market fluctuations that could affect rental income and property value.
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
