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.
6-bedroom, 4-bathroom country_house of 240 m², built in 1951, energy rating F. Located on rua Direita, Luz parish, Lagos municipality, Faro district. This property features a vast vineyard and diverse fruit orchards, making it ideal for agricultural ventures and potential wine production.
The valuation. The asking price of €1,850,000 is significantly higher than the fair value of €886,226, representing an overvaluation of €963,774, or 108.8%. This property is overpriced in the current market conditions.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Direita | Subject | €1,850,000 | €7,708 | — | — | 71 |
| rua Hortas da Ribeira, 14 | Active | €800,000 | €4,420 | 42.7% | 70 | 69 |
| rua do Lavrador, 2 | Active | €1,100,000 | €4,681 | 39.3% | — | 75 |
| Luz · 1908a2 | Active | €775,000 | €4,282 | 44.5% | 75 | 71 |
| rua das Rolas | Active | €1,175,000 | €2,938 | 61.9% | 62 | 66 |
| Median comp | €950,000 | €4,351 | 43.6% | 70 | 70 |
Short-term vacation rental\nThe property’s high listing price of €1,850,000 is significantly above its fair value of €886,226, indicating it is overpriced for the short-term vacation rental market. With a gross yield of only 2.1% and the condition rated at 0/100, potential returns from seasonal tourists are unlikely to justify this investment expense.\n\nBuy-and-hold\nDespite its appealing location near the Algarve coast, the property's valuation gap of 108.8% suggests it is overpriced for a buy-and-hold strategy. The low gross yield of 2.1% indicates that holding this property would not generate sufficient income to warrant the high upfront costs associated with the investment.\n\nFamily rental\nWith a listing price of €1,850,000 far exceeding the fair value estimate of €886,226, the property is overpriced for long-term family rentals. Coupled with a low yield of 2.1%, the financial viability of this investment is further diminished, making it less attractive for families seeking rental options.
Economic and Tenant Instability The property has average scores of 65/100 for both economic and tenant stability, indicating a higher risk of fluctuating income and potential difficulty in retaining tenants.
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
