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 99 m² on the 3rd floor, energy rating E. Located on rua Doutor Fonseca de Almeida, 7, Lagoa e Carvoeiro parish, Lagoa municipality, Faro district. Additional feature: The apartment boasts a spacious west-facing veranda of approximately 20 m², ideal for outdoor leisure and enjoying stunning sunset views in the afternoon.
The valuation. The asking price of €279,000 sits below the fair value of €320,564 by €41,564 (13.0%). This property is subpriced and presents a solid investment opportunity.
Fair value modelled at €320,564 from 6 comparable sales in the area. Asking €279,000 sits €41,564 (13.0%) below — the upside to fair value.
Asking €279,000 versus the rua Doutor Fonseca de Almeida, 7 area baseline of €261,677 (€2,643/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 €261,677, adjusted for condition and micro-location, gives a modelled fair value of €320,564 (€3,238/m²), a €41,564 (13.0%) gap versus the €279,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doutor Fonseca de Almeida, 7 | Subject | €279,000 | €2,818 | — | 76 | 73 |
| rua 16 de Janeiro, 1 | Active | €250,000 | €3,247 | 15.2% | 72 | 73 |
| urbanização Fazenda Grande | Active | €295,000 | €3,041 | 7.9% | 72 | 71 |
| rua Josè António dos Reis Dàmaso, 47 | Active | €287,500 | €2,712 | 3.8% | 80 | 69 |
| rua Francisco Sá Carneiro S / N | Active | €350,000 | €3,241 | 15.0% | 70 | 75 |
| Median comp | €291,250 | €3,141 | 11.5% | 72 | 72 |
Short-term vacation rental The apartment's proximity to coastal amenities and tourism hubs makes it ideal for short-term vacation rentals, tapping into a thriving market. Given the attractive yield of 4.1% gross and a 13.0% gap to its fair value of €320,564, this property offers a lucrative opportunity for investors. Buy-and-hold With a fair value significantly higher than the listing price, the 2-bed apartment in Lagoa e Carvoeiro is a compelling buy-and-hold investment. The blend of a favorable yield at 4.1% gross and a promising neighborhood score of 73/100 suggests long-term appreciation potential in a desirable location. Family rental The apartment's spacious layout and favorable condition score of 80/100 make it an attractive option for family rentals in a low-crime, family-friendly neighborhood. With a fair value well above the listing price, investing here can yield steady rental income while benefiting from area appreciation over time.
Economic sensitivity The property's economic stability score of 65/100 indicates a moderate risk to investment returns due to potential fluctuations in local economic conditions.
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