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 house of 220 m², built in 2006, energy rating B. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. Noteworthy Features: The property includes an agricultural support house and multiple fruit trees, complemented by two water wells for irrigation, enhancing its agricultural potential and sustainability.
The valuation. The asking price of €1,850,000 is significantly above the fair value of €1,574,890, indicating the property is overpriced by €275,110 (17.5%). This mispricing suggests caution for potential buyers looking for value.
Fair value modelled at €1,574,890 from 6 comparable sales in the area. Asking €1,850,000 sits €275,110 (17.5%) above — overpriced versus fair value.
Asking €1,850,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €1,484,256 (€6,747/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 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 €1,484,256, adjusted for condition and micro-location, gives a modelled fair value of €1,574,890 (€7,159/m²), a €275,110 (17.5%) gap versus the €1,850,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · 5e64e8 | Subject | €1,850,000 | €8,409 | — | 78 | 73 |
| São Gonçalo de Lagos · 1440f0 | Active | €1,575,000 | €5,899 | 29.9% | 80 | 71 |
| rua Baden Powell, 8 | Active | €1,625,000 | €7,159 | 14.9% | 78 | 72 |
| rua Baden Powell, 8 | Active | €1,625,000 | €7,159 | 14.9% | 78 | 64 |
| parque do Moínho | Active | €2,800,000 | €6,167 | 26.7% | 86 | 73 |
| Median comp | €1,625,000 | €6,663 | 20.8% | 79 | 72 |
Short-term vacation rental This property is overpriced by 17.5% compared to its fair value, which diminishes the potential for profitable short-term vacation rental returns. With a gross yield of only 1.5%, the property may struggle to attract tourists given seasonal economic influences in the area. Buy-and-hold With a fair value of €1,574,890 against a listing price of €1,850,000, the property is overpriced, making it a less attractive buy-and-hold investment option. The combination of low yield and high cost may limit potential capital appreciation over time. Family rental Positioned in a family-friendly neighbourhood, this property is overpriced at €1,850,000, which could deter potential renters seeking affordable family accommodation. Additionally, the gross yield of 1.5% suggests that even though the area provides safety and amenities, the investment may not provide satisfactory returns for family rental purposes.
Economic Vulnerability The property has a moderate economic stability score of 65/100, indicating potential risks in income generation and market fluctuations that could impact tenant demand and rental rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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