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 120 m², built in 2009, energy rating C. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. Noteworthy Features: This apartment is situated within a prestigious resort, offering a luxury spa and proximity to exceptional beach dining and coastal walking trails, enhancing both lifestyle and investment potential.
The valuation. The asking price of €550,000 is slightly below the fair value of €593,750, reflecting a margin of €43,750 (7.4%). This positioning suggests the property is fairly priced for potential investors.
Fair value modelled at €593,750 from 6 comparable sales in the area. Asking €550,000 sits €43,750 (7.4%) below — the upside to fair value.
Asking €550,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €548,300 (€4,569/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 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 €548,300, adjusted for condition and micro-location, gives a modelled fair value of €593,750 (€4,948/m²), a €43,750 (7.4%) gap versus the €550,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · 3a7396 | Subject | €550,000 | €4,583 | — | 78 | 70 |
| São Gonçalo de Lagos · 090044 | Active | €685,000 | €5,708 | 24.5% | 82 | 73 |
| São Gonçalo de Lagos · 6c795e | Active | €425,000 | €3,972 | 13.3% | 75 | 74 |
| São Gonçalo de Lagos · be9364 | Active | €650,000 | €5,118 | 11.7% | 80 | 65 |
| estrada de Porto de Mós S / N | Active | €475,000 | €4,948 | 8.0% | 80 | 68 |
| Median comp | €562,500 | €5,033 | 9.8% | 80 | 71 |
Short-term vacation rental The property presents a gross yield of 4.2%, which could appeal to investors looking to capitalize on the strong tourism market in the Algarve. However, with a fair value of €593,750, the listing price of €550,000 reflects a narrow gap of 7.4%, indicating that this investment is fairly priced but not particularly advantageous. Long-term rental The demand for rental properties in the tourist-driven economy of Lagos supports the property's viability for long-term rentals, making it a stable option for income generation. Yet, the fair value alignment suggests that while it may offer consistent rental income, it is not positioned as an attractive value investment. Buy-and-hold Investing in this property as a buy-and-hold strategy can be justified as it is located in a popular neighbourhood, with high ratings for condition and tenant quality. Nonetheless, the fair pricing relative to its market valuation suggests that potential appreciation might be limited, making it a cautious buy rather than a compelling opportunity.
Economic Vulnerability With an economic stability score of 60/100, the property may be susceptible to market fluctuations, potentially impacting its long-term value and investment returns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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