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 138 m², built in 2007, energy rating C. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. The apartment includes two terraces designed for different orientations, one ideal for sheltered morning dining and the other perfect for enjoying stunning sunsets in the afternoons.
The valuation. The asking price of €468,000 is 4.8% below the fair value of €491,739, indicating that the property is appropriately valued. This reflects a competitive positioning in the current market.
Fair value modelled at €491,739 from 6 comparable sales in the area. Asking €468,000 sits €23,739 (4.8%) below — the upside to fair value.
Asking €468,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €437,622 (€3,171/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €437,622, adjusted for condition and micro-location, gives a modelled fair value of €491,739 (€3,563/m²), a €23,739 (4.8%) gap versus the €468,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · cbc05d | Subject | €468,000 | €3,391 | — | 75 | 67 |
| São Gonçalo de Lagos · 4a7df4 | Active | €495,000 | €3,613 | 6.5% | 78 | 70 |
| São Gonçalo de Lagos · 99f2ab | Active | €449,500 | €3,715 | 9.5% | 80 | 73 |
| São Gonçalo de Lagos · ba3ebe | Active | €520,000 | €3,514 | 3.6% | 73 | 71 |
| rua Paolo Cocco | Active | €390,000 | €3,333 | 1.7% | 75 | 67 |
| Median comp | €472,250 | €3,564 | 5.1% | 77 | 71 |
Short-term vacation rental Given the strong tourist-driven economy in São Gonçalo de Lagos, this 2-bed apartment could attract good demand for short-term rentals, capitalizing on the region's seasonal influx of visitors. However, with a fair value of €491,739 compared to the listing price of €468,000, the property reflects only a 4.8% gap, indicating it's priced fairly without significant upside for vacation rental profit maximization. Buy-and-hold The moderate gross yield of 4.7% suggests that while holding this property could yield steady income, the return is balanced by the fair pricing and lack of value appreciation potential in the current market. The existing conditions of the apartment and the neighborhood ratings support its stability as a buy-and-hold investment, but significant value growth may be limited due to its fair valuation. Family rental The property is situated in a neighborhood with a solid tenant quality rating of 67/100, making it suitable for family rentals in a safe environment. However, with the listing price closely aligned to its fair value, the returns from long-term leasing may not provide the expected competitive edge against similarly priced family rental options in the area.
Economic vulnerability The property's economic stability score of 60/100 indicates potential vulnerability to economic downturns, while the tenant stability score of 50/100 suggests high tenant turnover may impact rental income consistency and property cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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