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.
1-bedroom, 1-bathroom apartment of 95 m² on the 1st floor, built in 2006, energy rating C. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. This property features a spacious balcony with built-in barbecue that overlooks the sea and pool, perfect for outdoor dining and entertaining.
The valuation. The asking price of €325,000 sits €5,055 below the fair value of €330,055, indicating the property is fairly priced at 1.5% less than its assessed value. Buy-to-flip angle. Given the condition score of 66/100, a quick renovation could increase appeal, targeting a resale after updates for a profitable return. Buy-to-let angle. With an estimated gross yield of 4.5%, the property can generate around €1,219 monthly, making it a viable long-term rental option in a tourist-driven market.
Fair value modelled at €330,055 from 6 comparable sales in the area. Asking €325,000 sits €5,055 (1.5%) below — the upside to fair value.
Asking €325,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €336,166 (€3,539/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 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 €336,166, adjusted for condition and micro-location, gives a modelled fair value of €330,055 (€3,474/m²), a €5,055 (1.5%) gap versus the €325,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · 5e6311 | Subject | €325,000 | €3,421 | — | 65 | 75 |
| São Gonçalo de Lagos · 937423 | Active | €350,000 | €4,545 | 32.9% | 72 | 70 |
| rua Coronel Cardeira da Silva S / N | Active | €305,000 | €2,990 | 12.6% | — | 70 |
| São Gonçalo de Lagos · 144046 | Active | €310,000 | €3,131 | 8.5% | 65 | 65 |
| rua Gil Leonel, 15-2º | Active | €350,000 | €4,118 | 20.4% | 72 | 72 |
| Median comp | €330,000 | €3,625 | 5.9% | 72 | 70 |
Short-term vacation rental With a fair market value closely aligned with the listing price, this 1-bed apartment in São Gonçalo de Lagos presents a stable short-term vacation rental opportunity for tourists drawn to the Algarve coast. The gross yield of 4.5% reflects favorable demand, but potential investors should be mindful of the apartment's condition rating of 66/100. Long-term rental The property holds a fair value that slightly surpasses the listing price, making it a reasonable choice for long-term rental amidst a seasonal employment landscape in Lagos. Tenant quality in the area, rated 75/100, suggests reliable income potential, although investors should factor in the need for potential upgrades due to its condition score of 66/100. Buy-and-hold Given the current fair valuation, purchasing this apartment as a buy-and-hold investment appears sound, especially in a neighborhood exhibiting solid amenities and tenant quality. Nonetheless, while there is moderate expected appreciation, the condition score of 66/100 may necessitate future maintenance investments to uphold property value.
Economic Vulnerability The economic stability score of 65/100 indicates potential fluctuations in local market conditions that could affect property value and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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