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 house of 163 m², built in 1973, energy rating D. Located on rua dos Moinhos, Luz parish, Lagos municipality, Faro district. Noteworthy Features: This property features a versatile dual-unit configuration, ideal for independent living or rental, alongside excellent sun exposure and a private interior garden connecting both spaces.
The valuation. The asking price of €495,000 is significantly below the fair value of €630,352, representing a potential gain of €135,352 (21.5%). This suggests the property is subvalued and could attract investor interest.
Fair value modelled at €630,352 from 5 comparable sales in the area. Asking €495,000 sits €135,352 (21.5%) below — the upside to fair value.
Asking €495,000 versus the rua dos Moinhos area baseline of €612,484 (€3,758/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 €612,484, adjusted for condition and micro-location, gives a modelled fair value of €630,352 (€3,867/m²), a €135,352 (21.5%) gap versus the €495,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua dos Moinhos | Subject | €495,000 | €3,037 | — | 80 | 76 |
| rua do Moinho, 13 | Active | €495,000 | €3,837 | 26.4% | 75 | 73 |
| rua Monte Jessana S / N | Active | €1,095,000 | €5,214 | 71.7% | 75 | 68 |
| Luz · 62276e | Active | €948,000 | €5,677 | 86.9% | 83 | 73 |
| beco Eugénio de Andrade | Active | €625,000 | €3,811 | 25.5% | 70 | 72 |
| Median comp | €786,500 | €4,526 | 49.0% | 75 | 73 |
Short-term vacation rental The property in Luz, Lagos, with a fair value of €630,352, is currently listed at €495,000, offering a compelling gap of 21.5% that supports a highly attractive short-term vacation rental strategy. With a gross yield of 7% and proximity to major Algarve attractions, this property is well-positioned for short-term rental success. Family rental Given the appealing fair value of €630,352, the current listing price of €495,000 suggests significant opportunity for families looking for rental homes in Luz, Lagos, with a gross yield of 7%. The favourable condition rating of 83/100 and solid neighbourhood score of 76/100 enhance its attractiveness for family rental prospects. Long-term rental With a fair market value of €630,352 and a listing price of €495,000, this property presents a strong case for long-term rental investment, reflected by a notable gross yield of 7%. The positive ratings in condition and neighbourhood further contribute to its viability as a sustainable long-term rental option.
Economic downturn risk A potential economic downturn could lead to a decline in tenant stability, with both economic and tenant stability scores at 75/100 indicating a moderate vulnerability to market fluctuations.
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
