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 93 m² on the 4th floor, built in 1992, energy rating C. Located on rua Antero de Quental, São Gonçalo de Lagos parish, Lagos municipality, Faro district. Noteworthy Features: The spacious rooftop terrace offers stunning views over Lagos bay and Meia Praia, providing an ideal outdoor sanctuary for relaxation and entertaining. Condition Notes: Fully renovated with modern kitchen appliances and ample natural light throughout.
The valuation. The asking price of €355,000 is significantly above the fair value of €311,336, indicating an overpriced property by €43,664 (14.0%). This may deter potential buyers looking for value.
Fair value modelled at €311,336 from 6 comparable sales in the area. Asking €355,000 sits €43,664 (14.0%) above — overpriced versus fair value.
Asking €355,000 versus the rua Antero de Quental area baseline of €298,520 (€3,210/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 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 €298,520, adjusted for condition and micro-location, gives a modelled fair value of €311,336 (€3,348/m²), a €43,664 (14.0%) gap versus the €355,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Antero de Quental | Subject | €355,000 | €3,817 | — | 70 | 72 |
| São Gonçalo de Lagos · 1907b0 | Active | €395,000 | €3,657 | 4.2% | 75 | 73 |
| rua Paolo Cocco | Active | €390,000 | €3,333 | 12.7% | 75 | 67 |
| São Gonçalo de Lagos · 3d9685 | Active | €395,000 | €3,657 | 4.2% | 70 | 73 |
| rua General Humberto Delgado, 1 | Active | €360,000 | €3,077 | 19.4% | 70 | 70 |
| Median comp | €392,500 | €3,495 | 8.4% | 73 | 72 |
Short-term vacation rental The property is not an ideal fit for short-term vacation rentals due to its higher purchase price versus its fair value, which suggests limited potential for profit maximization. Given the gross yield of 4.4% and the 14.0% gap from fair value, the investment may struggle to outperform the expectations set by the tourist-heavy market. Long-term rental Investing in long-term rental may also be problematic, as the property’s price exceeds its fair value by 14.0%, indicating that it is overpriced. With a gross yield of 4.4% and a neighborhood rating of 72/100, long-term stability could be challenged by the initial cost burden. Buy-and-hold The buy-and-hold strategy may not provide favorable returns given the current overpriced status of the property, as it is listed at €355,000 while fair value is only €311,336. A 4.4% gross yield coupled with the property’s condition and neighborhood ratings suggests that long-term appreciation potential may be limited, making this a risky investment choice.
Economic Vulnerability A low economic stability score of 65 out of 100 indicates potential fluctuations in the local market that could affect property values and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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