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 90 m² on the 2nd floor, built in 1977, energy rating C. Located on rua do Compromisso Marítimo, 27, São Gonçalo de Lagos parish, Lagos municipality, Faro district. Noteworthy Features: This apartment includes access to a communal terrace with a barbecue area and private parking registered with CM Lagos, enhancing its value and convenience.
The valuation. The asking price of €295,000 is slightly below the fair value of €305,492, by €10,492 (3.4%). This positions the property as reasonably priced. Buy-to-flip angle. A potential resale strategy could leverage the fair asking price alongside modest renovations to upgrade finishes, targeting a quick flip to maximize profit. Buy-to-let angle. With a gross yield of 5.2%, the estimated rental income of €1,278 per month makes this apartment an attractive option for long-term rental, catering to the Algarve market.
Fair value modelled at €305,492 from 6 comparable sales in the area. Asking €295,000 sits €10,492 (3.4%) below — the upside to fair value.
Asking €295,000 versus the rua do Compromisso Marítimo, 27 area baseline of €319,800 (€3,553/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 is below the parish average, reducing 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 €319,800, adjusted for condition and micro-location, gives a modelled fair value of €305,492 (€3,394/m²), a €10,492 (3.4%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Compromisso Marítimo, 27 | Subject | €295,000 | €3,278 | — | 70 | 68 |
| rua Antero de Quental | Active | €355,000 | €3,817 | 16.5% | 70 | 72 |
| São Gonçalo de Lagos · 6fbc43 | Active | €330,000 | €2,538 | 22.6% | 66 | 70 |
| São Gonçalo de Lagos · 144046 | Active | €310,000 | €3,131 | 4.5% | 65 | 65 |
| rua General Humberto Delgado, 1 | Active | €360,000 | €3,077 | 6.1% | 70 | 70 |
| Median comp | €342,500 | €3,104 | 5.3% | 68 | 70 |
Long-term rental Given its gross yield of 5.2%, this property aligns with the average return expectations for long-term rental investments in the Algarve region. However, with a fair value slightly higher than the listing price, the investment's potential for appreciation may be limited. Short-term vacation rental The property's location in Lagos provides access to a typical Algarve tourist profile, making it suitable for short-term vacation rentals. Nonetheless, its fair value indicates that the property is adequately priced, implying that the profit margins may not be as high as in other underpriced opportunities. Buy-and-hold With a fair value estimated at €305,492, the present listing suggests that the property is well-priced for a buy-and-hold strategy. While the neighborhood ratings offer moderate appeal, the potential for capital appreciation may be understated given the proximity to tourist attractions in Lagos.
Economic and Tenant Stability Risk The combined scores of 60/100 for both economic and tenant stability indicate potential volatility, suggesting that the property could face challenges in maintaining consistent rental income, especially in economic downturns.
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