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 110 m², built in 2003. Located Luz parish, Lagos municipality, Faro district. Noteworthy Features: The apartment includes a dedicated parking space in a secure garage and a private storage room, enhancing convenience for residents. Location Benefit: It's just a short walk to the beach and immediate access to resort amenities.
The valuation. The asking price of €465,000 sits roughly €3,384 above the fair value of €461,616, equating to a 0.7% premium. This indicates that the property is fairly priced in the current market context.
Fair value modelled at €461,616 from 6 comparable sales in the area. Asking €465,000 sits €3,384 (0.7%) above — overpriced versus fair value.
Asking €465,000 versus the Luz, Lagos, Faro area baseline of €450,905 (€4,099/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €450,905, adjusted for condition and micro-location, gives a modelled fair value of €461,616 (€4,197/m²), a €3,384 (0.7%) gap versus the €465,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Luz · 83118b | Subject | €465,000 | €4,227 | — | 75 | 72 |
| São Gonçalo de Lagos · 652f5f | Active | €465,000 | €5,000 | 18.3% | 72 | 71 |
| Luz · 6ebb79 | Active | €520,000 | €4,643 | 9.8% | 78 | 73 |
| São Gonçalo de Lagos · 6c795e | Active | €425,000 | €3,972 | 6.0% | 75 | 74 |
| rua 25 de Abril, 5 | Active | €420,000 | €4,421 | 4.6% | 78 | 63 |
| Median comp | €445,000 | €4,532 | 7.2% | 77 | 72 |
Short-term vacation rental The property presents a promising opportunity for short-term vacation rentals given its proximity to the Algarve coast, attracting seasonal tourists. However, with a yield of 4.2% and a fair value only marginally lower than the listing price, the return on investment potential aligns closely with market expectations. Buy-and-hold Investing in this property for a buy-and-hold strategy may yield steady long-term gains, particularly in a tourist-heavy region like Lagos. Nevertheless, with the price being just fair at €465,000, long-term appreciation may be limited given current market dynamics. Long-term rental As a long-term rental, this 2-bed apartment can serve steady residential demand in a desirable neighbourhood, supported by its 72/100 rating. Despite the fair pricing of €465,000, the anticipated rental yield of 4.2% reflects typical market conditions without significant upward potential for cash flow. Not ideal for: Student housing, Luxury market, Industrial investment This property is not suited for student housing, the luxury market, or industrial investment due to its residential characteristics and location. Given the lack of demand for these sectors in this area, pursuing such strategies would likely lead to poor investment performance.
Economic Vulnerability The economic stability score of 60/100 indicates a moderate risk of economic downturns impacting rental income stability and property value.
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
