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 duplex of 226 m², built in 2005. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. This property features a spacious rooftop terrace equipped with a jacuzzi and awning, ideal for outdoor living and entertainment, and offers two dedicated parking spaces in a private garage.
The valuation. The asking price of €995,000 reflects a 9.5% discount from the fair value of €1,099,549, positioning it as a property priced fairly for the market. This competitive pricing suggests potential for future appreciation.
Fair value modelled at €1,099,549 from 6 comparable sales in the area. Asking €995,000 sits €104,549 (9.5%) below — the upside to fair value.
Asking €995,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €971,309 (€4,298/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 87/100 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 €971,309, adjusted for condition and micro-location, gives a modelled fair value of €1,099,549 (€4,865/m²), a €104,549 (9.5%) gap versus the €995,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · a80286 | Subject | €995,000 | €4,403 | — | 80 | 75 |
| São Gonçalo de Lagos · 8314bd | Active | €635,000 | €4,019 | 8.7% | 80 | 66 |
| urbanização Marina Park | Active | €550,000 | €4,783 | 8.6% | 71 | 72 |
| urbanização Marina Marina de Lagos | Active | €665,000 | €4,750 | 7.9% | 82 | 66 |
| estrada de Porto de Mós S / N | Active | €475,000 | €4,948 | 12.4% | 80 | 73 |
| Median comp | €592,500 | €4,767 | 8.3% | 80 | 69 |
Short-term vacation rental The property is positioned in a high-demand tourist area, reflected in the €995,000 listing price which is close to the fair value of €1,099,549, indicating limited potential for price appreciation. With a gross yield of 2.4%, it may not offer compelling returns for investors seeking short-term rental profits. Long-term rental Given the €995,000 listing price compared to the fair value of €1,099,549, this property falls within an acceptable price range but offers a modest gross yield of 2.4%, which may not meet the expectations of yield-focused investors. The neighborhood's overall score of 75/100 suggests reasonable tenant quality, but long-term rental returns may still be constrained by the initial investment. Buy-and-hold Although the listing price of €995,000 is fair next to the fair value of €1,099,549, the gross yield of 2.4% reflects a less attractive hold strategy for investors looking for high returns. This property can serve as a stable long-term asset in a desirable Algarve location, but the growth potential may be muted by the current pricing structure.
Economic Vulnerability The property faces a risk of economic instability given its score of 70/100, indicating potential fluctuations in local market conditions that could impact income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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