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, 3-bathroom country_house of 210 m², built in 2001, energy rating D. Located on rua Monte Jessana S / N, Luz parish, Lagos municipality, Faro district. Noteworthy Features: The property includes an approved architectural project for a swimming pool and expanded terrace, providing excellent potential for future development. License Information: The villa has a municipal license for local accommodation use.
The valuation. The asking price of €1,095,000 is significantly above the fair value of €875,792, representing an overpricing of €219,208 (25.0%). This indicates that the property is not in line with current market expectations.
Fair value modelled at €875,792 from 6 comparable sales in the area. Asking €1,095,000 sits €219,208 (25.0%) above — overpriced versus fair value.
Asking €1,095,000 versus the rua Monte Jessana S / N area baseline of €856,626 (€4,079/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 €856,626, adjusted for condition and micro-location, gives a modelled fair value of €875,792 (€4,170/m²), a €219,208 (25.0%) gap versus the €1,095,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Monte Jessana S / N | Subject | €1,095,000 | €5,214 | — | 75 | 68 |
| Luz · 652f69 | Active | €495,000 | €3,867 | 25.8% | 75 | 76 |
| Luz · 6c7874 | Active | €495,000 | €3,037 | 41.8% | 74 | 76 |
| rua do Moinho, 13 | Active | €495,000 | €3,837 | 26.4% | 75 | 73 |
| Luz · 622666 | Active | €850,000 | €4,474 | 14.2% | 79 | 74 |
| Median comp | €495,000 | €3,852 | 26.1% | 75 | 75 |
Short-term vacation rental The 3-bed country house in Luz, Lagos is currently listed at €1,095,000, which is 25% higher than its fair value of €875,792. Given the low gross yield of 2.8% and the overpricing, investing in a short-term vacation rental may not offer desired returns. Long-term rental With a listing price of €1,095,000, the property has a significant gap of 25% from its fair value of €875,792. The low yield of 2.8% suggests that this investment may not be financially compelling for long-term rental purposes due to its overpriced nature. Buy-and-hold The current price of €1,095,000, representing a 25% premium over the fair value, raises concerns about the long-term investment potential of this property. The combination of a low yield of 2.8% and its overall condition and neighbourhood ratings further supports that this buy-and-hold strategy is less than ideal given the pricing. Not ideal for: Student housing, Luxury market, Industrial investment
Economic vulnerability The economic stability score of 65/100 indicates a moderate level of economic risk which could impact tenant stability and rental income.
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