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.
3-bedroom, 3-bathroom apartment of 114 m², energy rating C. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. This apartment features an independent T1 space with a kitchenette and separate entrance, perfect for guests or rental opportunities, enhancing its versatility and value.
The valuation. The asking price of €550,000 is significantly below the fair value of €724,720, indicating a discount of €174,720 (24.1%). This property is positioned as an attractive investment opportunity due to its subpricing.
Fair value modelled at €724,720 from 6 comparable sales in the area. Asking €550,000 sits €174,720 (24.1%) below — the upside to fair value.
Asking €550,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €672,609 (€5,900/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 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 €672,609, adjusted for condition and micro-location, gives a modelled fair value of €724,720 (€6,357/m²), a €174,720 (24.1%) gap versus the €550,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · a80276 | Subject | €550,000 | €4,825 | — | 85 | 74 |
| rua do Barinel, 3 | Active | €780,000 | €5,098 | 5.7% | 83 | 73 |
| São Gonçalo de Lagos · f3609c | Active | €685,000 | €7,697 | 59.5% | 85 | 71 |
| avenida da Republica | Active | €515,000 | €5,049 | 4.7% | 72 | 78 |
| São Gonçalo de Lagos · 86cd1e | Active | €749,000 | €4,993 | 3.5% | 75 | 77 |
| Median comp | €717,000 | €5,074 | 5.2% | 79 | 75 |
Short-term vacation rental This property, with a fair value of €724,720 and currently listed at €550,000, presents a compelling opportunity for a short-term vacation rental investment in Algarve's tourist hotspot. With a gross yield of 3% and strong neighborhood appeal, the potential to attract seasonal visitors is substantial, especially considering the local economy's reliance on tourism. Buy-and-hold Investing in this 3-bed apartment in São Gonçalo de Lagos as a buy-and-hold strategy is favorable given the current listing price significantly below its fair value. The 84/100 condition rating indicates a well-maintained property, which supports long-term capital appreciation as the area's popularity continues to grow. Family rental The property is well-positioned for family rental with a solid neighborhood rating of 74/100 and a spacious layout suitable for families. Despite the local schools not being at an urban level, the tourist appeal of Algarve ensures consistent demand from families looking to reside in a vibrant area. Not ideal for: Student housing, Luxury market, Industrial investment This apartment is not suited for student housing due to the lack of urban-level amenities and educational institutions, nor is it aligned with the luxury market expectations. Additionally, the industrial investment potential is limited by the area's profile as a tourist region focused on residential and leisure properties.
Moderate Economic and Tenant Risk The property has a combined economic stability and tenant stability score of 70/100, which may indicate vulnerability in rental income and potential tenant turnover issues.
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