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, energy rating B. Located Lagoa e Carvoeiro parish, Lagoa municipality, Faro district. Noteworthy Features: The apartment offers an impressive south-facing balcony with garden views, enhancing natural light and outdoor enjoyment within a private condominium that includes three pools.
The valuation. The asking price of €450,000 is €61,858 (15.9%) above the fair value of €388,142, indicating that the property is overpriced. This discrepancy may affect investor interest and future resale potential.
Fair value modelled at €388,142 from 6 comparable sales in the area. Asking €450,000 sits €61,858 (15.9%) above — overpriced versus fair value.
Asking €450,000 versus the Lagoa e Carvoeiro, Lagoa, Faro area baseline of €319,118 (€3,129/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €319,118, adjusted for condition and micro-location, gives a modelled fair value of €388,142 (€3,805/m²), a €61,858 (15.9%) gap versus the €450,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Lagoa e Carvoeiro · 101b0c | Subject | €450,000 | €4,412 | — | 80 | 73 |
| Porches · 6d514f | Active | €420,000 | €4,158 | 5.7% | 75 | 75 |
| Porches · 38b6f8 | Active | €395,000 | €4,877 | 10.5% | 75 | 70 |
| Lagoa e Carvoeiro · 190838 | Active | €430,000 | €3,805 | 13.7% | 76 | 74 |
| Lagoa e Carvoeiro · a803b5 | Active | €430,000 | €3,805 | 13.7% | 73 | 65 |
| Median comp | €425,000 | €3,982 | 9.8% | 75 | 72 |
Short-term vacation rental This property, although located near popular tourist beaches in Algarve, is overpriced by 15.9%, making it an unattractive option for short-term vacation rentals. The lack of yield at 0% further diminishes its appeal in a competitive market. Buy-and-hold Investing in this property as a buy-and-hold strategy is hindered by its pricing being 15.9% above fair value, indicating limited potential for capital appreciation. The current condition score of 78/100 and lack of yield do not justify the investment in a long-term hold scenario. Long-term rental With a price that exceeds fair value by 15.9%, this property is not well positioned for long-term rental success given its stagnant yield of 0%. The neighborhood quality rating of 73/100 suggests some desirability, but the overall valuation makes it a poor investment choice for long-term rental income.
Economic Vulnerability With an economic stability score of 60/100, there is a risk that local economic fluctuations may negatively impact rental income and property value.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
