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.
1-bedroom, 1-bathroom apartment of 99 m², built in 1995, energy rating C. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. Noteworthy Features: This apartment boasts a spacious 33 m² versatile balcony, perfect for various lifestyle adaptations, and an additional 11 m² top-floor storage room for enhanced practicality.
The valuation. The asking price of €310,000 sits 9.2% below the fair value of €341,259, indicating a fair pricing verdict without any significant adjustments needed. Buy-to-flip angle. A resale strategy could focus on cosmetic renovations to modernize the kitchen appliances, targeting a quick turnaround at a higher market value. Buy-to-let angle. The estimated rental income of €956 per month provides a gross yield of 3.7%, making it a viable option for long-term investment and consistent cash flow in a tourist-friendly area.
Fair value modelled at €341,259 from 6 comparable sales in the area. Asking €310,000 sits €31,259 (9.2%) below — the upside to fair value.
Asking €310,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €343,106 (€3,466/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 €343,106, adjusted for condition and micro-location, gives a modelled fair value of €341,259 (€3,447/m²), a €31,259 (9.2%) gap versus the €310,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · 144046 | Subject | €310,000 | €3,131 | — | 65 | 65 |
| São Gonçalo de Lagos · ba3b04 | Active | €245,000 | €3,889 | 24.2% | 70 | 74 |
| São Gonçalo de Lagos · 6fbc43 | Active | €330,000 | €2,538 | 18.9% | 66 | 70 |
| São Gonçalo de Lagos · 389d37 | Active | €290,000 | €5,273 | 68.4% | 68 | 66 |
| rua General Humberto Delgado, 1 | Active | €360,000 | €3,077 | 1.7% | 70 | 70 |
| Median comp | €310,000 | €3,483 | 11.2% | 69 | 70 |
Short-term vacation rental The property presents a fair investment opportunity with a gross yield of 3.7%, indicating a balanced return potential. Given its location in a tourist-friendly area, it may attract renters despite not being priced below fair value. Buy-and-hold In the long-term perspective, the property can serve as a stable investment given its fair market valuation at €310,000, slightly below the fair value of €341,259. The economic stability influenced by tourism enhances its suitability for long-term holding. Family rental The apartment is reasonably positioned for family rentals based on its condition rating of 66/100 and neighborhood score of 65/100, reflecting adequate quality for potential tenants. However, with a fair valuation, the investment does not present a compelling case for significant capital appreciation risks and rewards.
Economic Vulnerability The property faces potential economic risks due to a low economic stability score of 53/100, indicating uncertainty in the local market's performance.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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