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, 2-bathroom apartment of 102 m², built in 2002, energy rating D. Located Lagoa e Carvoeiro parish, Lagoa municipality, Faro district. This apartment features a spacious balcony overlooking lush greenery, enhancing outdoor living, and is within walking distance to both the beach and local amenities.
The valuation. The asking price of €380,000 sits below the fair value of €388,142, indicating a slight undervaluation of €8,142 (2.1%). This property can be considered a sound investment opportunity given its valuation alignment. Buy-to-flip angle. A buy-to-flip strategy could capitalize on enhancements made to the 102m² apartment, allowing for potential resale at a higher price point in the popular Algarve market. The good condition and quality finishes can attract buyers seeking modern amenities. Buy-to-let angle. With an estimated monthly rental income of €760, the property offers a gross yield of 2.4%, making it an appealing option for long-term rental investments. Its location in a sought-after tourist area supports steady rental demand, both seasonally and year-round.
Fair value modelled at €388,142 from 6 comparable sales in the area. Asking €380,000 sits €8,142 (2.1%) below — the upside to fair value.
Asking €380,000 versus the Lagoa e Carvoeiro, Lagoa, Faro area baseline of €344,666 (€3,379/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €344,666, adjusted for condition and micro-location, gives a modelled fair value of €388,142 (€3,805/m²), a €8,142 (2.1%) gap versus the €380,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Lagoa e Carvoeiro · 133b61 | Subject | €380,000 | €3,725 | — | 72 | 63 |
| largo de Carvoeiro | Active | €269,000 | €4,015 | 7.8% | 62 | 74 |
| Lagoa e Carvoeiro · 6d5455 | Active | €360,000 | €3,673 | 1.4% | 75 | 71 |
| rua Mouzinho de Albuquerque | Active | €249,000 | €3,773 | 1.3% | 70 | 69 |
| Lagoa e Carvoeiro · cc9b45 | Active | €430,000 | €3,805 | 2.1% | 73 | 67 |
| Median comp | €314,500 | €3,789 | 1.7% | 72 | 70 |
Short-term vacation rental The property presents a yield of 2.4% gross, which is typical for the Algarve's seasonal tourist demand. Given its fair value status, the property does not present immediate financial advantage in this competitive market. Long-term rental With a fair value close to its listing price at €380,000, this investment may generate stable but modest long-term rental income. The 2.4% gross yield suggests that while it can provide steady cash flow, the lack of significant upside limits profitability. Buy-and-hold Investing in this property for a long-term hold may yield average returns, reinforced by its fair status and reasonable condition score of 76/100. However, with minimal appreciation potential indicated by the narrow gap to fair value, prospective growth appears limited in this environment.
Economic Sensitivity With an economic stability score of 55/100, the property is at risk of experiencing financial downturns that could affect rental income and property value.
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