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 87 m², built in 1990, energy rating D. Located Lagoa e Carvoeiro parish, Lagoa municipality, Faro district. Noteworthy Features: This apartment features two private balconies offering panoramic views of the golf course, enhancing the outdoor living experience and providing a serene atmosphere. Localização: Este apartamento apresenta duas varandas privadas com vistas panorâmicas do campo de golfe, melhorando a experiência de vida ao ar livre e proporcionando uma atmosfera serena.
The valuation. The asking price of €360,000 is above the fair value of €331,062, reflecting a difference of €28,938 (8.7%). The property is considered fairly priced given the local market conditions.
Fair value modelled at €331,062 from 6 comparable sales in the area. Asking €360,000 sits €28,938 (8.7%) above — overpriced versus fair value.
Asking €360,000 versus the Lagoa e Carvoeiro, Lagoa, Faro area baseline of €246,721 (€2,836/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €246,721, adjusted for condition and micro-location, gives a modelled fair value of €331,062 (€3,805/m²), a €28,938 (8.7%) gap versus the €360,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Lagoa e Carvoeiro · 5b880d | Subject | €360,000 | €4,138 | — | 82 | 74 |
| Lagoa e Carvoeiro · 133b61 | Active | €380,000 | €3,725 | 10.0% | 72 | 63 |
| Lagoa e Carvoeiro · 190838 | Active | €430,000 | €3,805 | 8.0% | 76 | 74 |
| Lagoa e Carvoeiro · 6d5455 | Active | €360,000 | €3,673 | 11.2% | 75 | 71 |
| Lagoa e Carvoeiro · a803b5 | Active | €430,000 | €3,805 | 8.0% | 73 | 65 |
| Median comp | €405,000 | €3,765 | 9.0% | 74 | 68 |
Short-term vacation rental Given the tourist-centric economy of Lagoa e Carvoeiro, the property is well-positioned for short-term vacation rentals, although the fair value assessment suggests it is currently priced fairly. With a gross yield of 3.3%, this strategy may be less profitable than expected, although it could attract vacationers due to its decent condition and appealing neighbourhood. Long-term rental As a potential long-term rental, this 2-bed apartment’s pricing relative to fair value indicates that it is available at a fair market price, which could attract stable tenants in the Lagoa e Carvoeiro area. The neighbourhood's moderate rating of 74/100 suggests it may meet the standards of many long-term renters, despite the lower yield of 3.3%. Buy-and-hold The buy-and-hold strategy could be viable, as the property is priced at fair value, preventing immediate equity gains. However, with a gross yield of only 3.3% and local dynamics influencing property appreciation, investors should be cautious about long-term return expectations. Not ideal for student housing The average quality of local schools and the housing demand primarily driven by tourism suggest that the property is not suited for student housing investments. As a result, investors may want to focus on other rental strategies that align better with the area's market characteristics. Not ideal for luxury market Given the general characteristics of the Lagoa e Carvoeiro area and its mixed neighbourhood reputation, this property does not align well with luxury market strategies. Investors should pursue better-suited properties that cater more effectively to high-end renters in more affluent locales.
Economic Vulnerability With an economic stability score of 65/100, there is a potential risk of economic downturn affecting tenant retention 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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