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, 3-bathroom duplex of 113 m², built in 1999. Located Lagoa e Carvoeiro parish, Lagoa municipality, Faro district. Noteworthy Features: This duplex boasts a private garden and terrace with optimal orientation for sunrise and sunset views, complemented by lovely landscaped grounds maintained by the condominium.
The valuation. The asking price of €430,000 sits €74,999 above the fair value of €355,001, representing a 21.1% premium. This indicates the property is overpriced in the current market. Buy-to-flip angle. A resale strategy could involve renovating or staging the duplex to enhance appeal, targeting a quick market exit to realize profits despite the initial overvaluation. Buy-to-let angle. The rental income strategy will require consideration of the tourist demand in the Algarve, but the current gross yield of 0% suggests an unviable scenario for immediate rental returns.
Fair value modelled at €355,001 from 2 comparable sales in the area. Asking €430,000 sits €74,999 (21.1%) above — overpriced versus fair value.
Asking €430,000 versus the Lagoa e Carvoeiro, Lagoa, Faro area baseline of €271,372 (€2,402/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €271,372, adjusted for condition and micro-location, gives a modelled fair value of €355,001 (€3,142/m²), a €74,999 (21.1%) gap versus the €430,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Lagoa e Carvoeiro · a803b5 | Subject | €430,000 | €3,805 | — | 73 | 65 |
| urbanização Clube Golfmar | Active | €430,000 | €2,756 | 27.6% | 74 | 71 |
| Lagoa e Carvoeiro · 3a73b9 | Active | €395,000 | €3,527 | 7.3% | 75 | 70 |
| Median comp | €412,500 | €3,142 | 17.4% | 75 | 71 |
Short-term vacation rental The property’s 21.1% gap from fair value suggests it's overpriced for a short-term vacation rental strategy, especially considering the 0% gross yield. Potential tourists may be deterred by the high entry price relative to achievable rental income. Buy-and-hold Given the property’s fair value of €355,001 compared to the listing price of €430,000, it is overpriced for a buy-and-hold investment. The stagnant yield and fair condition rating imply limited appreciation potential over time, making this strategy less appealing. Long-term rental At a listing price that exceeds fair value by 21.1%, this property is overpriced for a long-term rental strategy. The lack of positive yield and moderate neighborhood scores indicate challenges in generating reliable rental income over the long term.
Economic Vulnerability With an economic stability score of 60/100, there is a risk that broader economic challenges could impact property value and rental income stability. Tenant Turnover Risk Given a tenant stability score of 65/100, there is a possibility of higher tenant turnover, potentially leading to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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