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 174 m², energy rating C. Located Luz parish, Lagos municipality, Faro district. Noteworthy Features: The apartment boasts an exceptional outdoor terrace ideal for al fresco dining, with pleasant views over the communal gardens and distant sea views, enhancing the coastal living experience.
The valuation. The asking price of €569,900 is significantly lower than the fair value of €838,929, representing a discount of €269,029 (32.1%). This indicates the property is subpriced and presents a compelling opportunity for investors.
Fair value modelled at €838,929 from 4 comparable sales in the area. Asking €569,900 sits €269,029 (32.1%) below — the upside to fair value.
Asking €569,900 versus the Luz, Lagos, Faro area baseline of €817,528 (€4,698/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €817,528, adjusted for condition and micro-location, gives a modelled fair value of €838,929 (€4,821/m²), a €269,029 (32.1%) gap versus the €569,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Luz · cc9a58 | Subject | €569,900 | €3,275 | — | 80 | 76 |
| Luz · 6ebb79 | Active | €520,000 | €4,643 | 41.8% | 78 | 73 |
| rua do Poço, 24E | Active | €995,000 | €7,835 | 139.2% | 80 | 75 |
| São Gonçalo de Lagos · 652f5f | Active | €465,000 | €5,000 | 52.7% | 72 | 71 |
| Luz · 83118b | Active | €465,000 | €4,227 | 29.1% | 75 | 72 |
| Median comp | €492,500 | €4,822 | 47.2% | 77 | 73 |
Short-term vacation rental The property's valuation suggests significant upside potential with a gap of 32.1% against its fair value, making it an attractive opportunity in the thriving Algarve tourism market. Given its condition rating of 85/100 and a neighbourhood quality score of 76/100, it’s well positioned to attract tourists looking for premium accommodations. Long-term rental With a fair value substantially exceeding the listing price, the property presents favorable conditions for long-term rental amidst a region characterized by strong demand fueled by tourism. The combination of quality amenities and a decent neighbourhood rating enhances its appeal to potential tenants seeking stability in a desirable location. Buy-and-hold The significant gap to fair value indicates a promising long-term appreciation potential for this property, capitalizing on the Algarve’s strong housing market driven by tourism. Investment in this 2-bed apartment could yield considerable returns over time, bolstered by its quality condition and advantageous neighbourhood score. Not ideal for student housing The characteristics of this property do not align with student housing needs, as it is better suited for transient lifestyles typical in vacation rentals. With zero yield and an emphasis on short-term tourism, it lacks the fundamentals attractive for stable long-term tenant placements typical in student housing environments. Not ideal for industrial investment This property is located within a residential area, making it unsuitable for industrial investment that typically requires commercial zoning and sustainability. The tourism-oriented demand does not support the infrastructure needed for industrial operations, thus creating a mismatch with investment objectives in that sector.
Economic vulnerability The property may face economic disruptions as indicated by the economic stability score of 75/100, suggesting potential fluctuations in market demand.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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