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, 1-bathroom apartment of 98 m² on the 3rd floor, built in 1983, energy rating C. Located on rua 25 de Abril, Luz parish, Lagos municipality, Faro district. Noteworthy Features: This apartment boasts two balconies, including a main south-facing one that offers unobstructed sea views and a second balcony with a functional laundry area.
The valuation. The asking price of €430,000 sits slightly below the fair value of €444,132, representing a difference of €14,132 or 3.2%. This positions the property as fairly valued in the current market.
Fair value modelled at €444,132 from 6 comparable sales in the area. Asking €430,000 sits €14,132 (3.2%) below — the upside to fair value.
Asking €430,000 versus the rua 25 de Abril area baseline of €434,170 (€4,430/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €434,170, adjusted for condition and micro-location, gives a modelled fair value of €444,132 (€4,532/m²), a €14,132 (3.2%) gap versus the €430,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua 25 de Abril | Subject | €430,000 | €4,388 | — | 78 | 70 |
| Luz · efdd91 | Active | €348,000 | €4,244 | 3.3% | 75 | 63 |
| rua 25 de Abril, 5 | Active | €420,000 | €4,421 | 0.8% | 78 | 63 |
| Luz · 8ee953 | Active | €495,000 | €6,600 | 50.4% | 66 | 72 |
| Luz · 6ebb79 | Active | €520,000 | €4,643 | 5.8% | 78 | 73 |
| Median comp | €457,500 | €4,532 | 3.3% | 77 | 68 |
Short-term vacation rental This property, while fairly priced, may not provide a competitive yield due to its current 0% gross yield. The neighbourhood's tourist appeal supports occupancy, but investments in short-term rentals typically require higher returns. Buy-and-hold Acquiring this apartment as a long-term investment is feasible at fair value, yet the lack of gross yield suggests limited immediate income generation. The steady demand for housing in the Algarve may contribute to modest appreciation over time, aligning with a buy-and-hold strategy. Family rental This apartment is fairly priced and can serve as a suitable family rental, yet its lack of yield and a condition score of 80/100 may deter some tenants. Given the low crime rate and family-friendly amenities in the area, it has the potential to attract stable, long-term tenants despite its current valuation. Not ideal for: Student housing, Luxury market The property’s valuation and characteristics do not align with the demands of the student housing market, where lower rent yields are typically desired. Additionally, the apartment is not positioned in a luxury segment, limiting its appeal to affluent tenants.
Tenant turnover risk The combination of a tenant stability score of 70/100 suggests a moderate likelihood of turnover, which could impact rental 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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