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, 4-bathroom apartment of 152 m² on the 3rd floor, built in 2021, energy rating A+. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. Noteworthy Features: In addition to its luxury finish, the apartment offers a complete home automation system for intuitive control of essential functions like lighting and climate, enhancing modern living sophistication.
The valuation. The asking price of €1,250,000 significantly exceeds the fair value of €858,577 by €391,423 (45.6%), indicating that this property is overpriced.
Fair value modelled at €858,577 from 5 comparable sales in the area. Asking €1,250,000 sits €391,423 (45.6%) above — overpriced versus fair value.
Asking €1,250,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €752,301 (€4,949/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 89/100 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 €752,301, adjusted for condition and micro-location, gives a modelled fair value of €858,577 (€5,649/m²), a €391,423 (45.6%) gap versus the €1,250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · cc9a8a | Subject | €1,250,000 | €8,224 | — | 85 | 68 |
| São Gonçalo de Lagos · 467fdd | Active | €1,350,000 | €5,649 | 31.3% | 82 | 68 |
| rua Raul Brandäo | Active | €980,000 | €5,632 | 31.5% | 80 | 65 |
| rua Raul Brandäo | Active | €1,100,000 | €6,748 | 17.9% | 80 | 68 |
| São Gonçalo de Lagos · b7c006 | Active | €545,000 | €4,325 | 47.4% | 75 | 64 |
| Median comp | €1,040,000 | €5,641 | 31.4% | 80 | 67 |
Short-term vacation rental The property’s listing price of €1,250,000 represents a 45.6% premium over its fair value of €858,577, positioning it as overpriced. With a gross yield of 1.8%, the financial return does not justify the high entry cost in a market driven predominantly by vacation demand. Long-term rental Given the substantial gap from fair value and the yield of 1.8%, this property is not conducive to long-term rental investment at its current price. The overpriced nature of the property further limits potential profitability in a neighborhood where rental rates must be carefully managed to align with market expectations. Buy-and-hold Investing in this property as a buy-and-hold strategy is questionable due to its 45.6% markup over fair value, indicating significant overpricing. The combination of low yield and high purchase price makes this strategy unappealing in a market where return on investment is critical for long-term success.
Economic-tenant instability risk The combined economic and tenant stability scores of 65/100 indicate potential volatility, which could lead to unpredictable rental income and vacancy rates.
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
