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 135 m², built in 2002. Located Lagoa e Carvoeiro parish, Lagoa municipality, Faro district. Noteworthy Features: The property includes a private rooftop terrace, providing stunning sea views, and is situated within a prestigious resort that offers an on-site restaurant and communal pool.
The valuation. The asking price of €450,000 sits just below the fair value of €463,637, representing a difference of €13,637 or 2.9%. The property is fairly priced in today's market. Buy-to-flip angle. Given its high-quality finishes and prime location in Lagoa, a successful flip could capitalize on the Algarve's tourism-driven demand, targeting a resale with a likely attractive return on investment. Buy-to-let angle. While currently showing a gross yield of 0%, the potential for short-term vacation rentals in this desirable area could generate significant rental income, appealing to both tourists and family tenants alike.
Fair value modelled at €463,637 from 6 comparable sales in the area. Asking €450,000 sits €13,637 (2.9%) below — the upside to fair value.
Asking €450,000 versus the Lagoa e Carvoeiro, Lagoa, Faro area baseline of €364,330 (€2,699/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €364,330, adjusted for condition and micro-location, gives a modelled fair value of €463,637 (€3,434/m²), a €13,637 (2.9%) gap versus the €450,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Lagoa e Carvoeiro · 3d98ac | Subject | €450,000 | €3,333 | — | 74 | 72 |
| Lagoa e Carvoeiro · 190838 | Active | €430,000 | €3,805 | 14.2% | 76 | 74 |
| urbanização Fazenda Grande | Active | €295,000 | €3,041 | 8.8% | 72 | 71 |
| Lagoa e Carvoeiro · 90d7a1 | Active | €435,000 | €3,063 | 8.1% | 75 | 74 |
| urbanização Clube Golfmar | Active | €430,000 | €2,756 | 17.3% | 74 | 71 |
| Median comp | €430,000 | €3,052 | 8.4% | 75 | 73 |
Short-term vacation rental The property presents a strong opportunity for short-term vacation rental, given its location in the tourist-heavy Algarve region. However, with a gross yield of 0% and only a 2.9% gap from fair value, the return potential appears limited despite the neighborhood's favorable tourism conditions. Buy-and-hold Investors considering a buy-and-hold strategy should be cautious, as the property is currently valued fairly at €450,000 against a fair value of €463,637. The lack of gross yield coupled with a neighborhood score of 72/100 suggests that while the area is stable, significant appreciation potential may be minimal. Family rental As a family rental, the property fits well within the popular residential aspect of the Lagoa e Carvoeiro area, which is favorable for long-term tenants. Nevertheless, the fair pricing and limited yield indicate that the investment may not significantly outperform other opportunities in the region.
Economic Vulnerability The economic stability score of 60/100 indicates a moderate risk of disruption in local economic conditions that could impact property value and tenant retention.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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