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.
4-bedroom, 2-bathroom apartment of 105 m², energy rating D. Located on praça Sérgio Martins, São Gonçalo de Lagos parish, Lagos municipality, Faro district. This property includes a 2.02 m² balcony, perfect for outdoor relaxation or gardening, while front-facing parking enhances daily convenience for residents.
The valuation. The asking price of €349,000 is slightly above the fair value of €346,332 by €2,668 (0.8%). This positions the property as fairly priced within the current market dynamics.
Fair value modelled at €346,332 from 6 comparable sales in the area. Asking €349,000 sits €2,668 (0.8%) above — overpriced versus fair value.
Asking €349,000 versus the praça Sérgio Martins area baseline of €352,645 (€3,359/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 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 €352,645, adjusted for condition and micro-location, gives a modelled fair value of €346,332 (€3,298/m²), a €2,668 (0.8%) gap versus the €349,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praça Sérgio Martins | Subject | €349,000 | €3,324 | — | 68 | 70 |
| rua Dom Diogo de Sousa, 35 | Active | €370,000 | €2,824 | 15.0% | 68 | 81 |
| rua da Galé, 23C | Active | €410,000 | €3,796 | 14.2% | 70 | 67 |
| praça da Paz S / N | Active | €325,000 | €3,693 | 11.1% | 63 | 74 |
| rua de Santo Amaro, 7 | Active | €545,000 | €3,263 | 1.8% | 72 | 71 |
| Median comp | €390,000 | €3,478 | 4.6% | 69 | 73 |
Short-term vacation rental The property is located near the Algarve coast, suggesting potential for attracting tourists, although with a gross yield of 0%, the investment may not generate immediate cash flow. Given its fair value status, the rental market may not deliver sufficient returns to justify its current listing price. Long-term rental As a long-term rental, the property's fair valuation indicates that it can cover basic housing needs in a neighborhood rated 70/100, yet the gross yield of 0% signifies limited profitability for investors. While the area is decent with a reasonable condition score of 66/100, the potential for a return on investment is constrained by the pricing dynamics. Buy-and-hold The buy-and-hold strategy is tempered by the fair market value of €349,000 compared to the fair value of €346,332, suggesting minimal appreciation potential in the near term. With a return on investment currently non-existent and only moderate neighborhood ratings, the long-term appreciation prospects may not outweigh the holding costs associated with this property.
Economic Vulnerability The economic stability score of 60/100 indicates a moderate risk of fluctuations in the local market that could affect rental income.
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
