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, 0-bathroom apartment of 160 m² on the 2nd floor, energy rating C. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. Noteworthy Features: The spacious terrace offers unobstructed views of the Marina and lake, perfect for entertaining or relaxation, and is directly accessible from the stylish open-plan living area.
The valuation. The asking price of €575,000 stands at a mere 1.5% above the fair value of €566,277, indicating a fair transaction rather than a bargain. This slight premium suggests that the property is valued appropriately for the market.
Fair value modelled at €566,277 from 6 comparable sales in the area. Asking €575,000 sits €8,723 (1.5%) above — overpriced versus fair value.
Asking €575,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €545,255 (€3,408/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €545,255, adjusted for condition and micro-location, gives a modelled fair value of €566,277 (€3,539/m²), a €8,723 (1.5%) gap versus the €575,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · 57fb25 | Subject | €575,000 | €3,594 | — | 72 | 73 |
| rua Antero de Quental | Active | €355,000 | €3,817 | 6.2% | 70 | 72 |
| São Gonçalo de Lagos · 937423 | Active | €350,000 | €4,545 | 26.5% | 72 | 70 |
| rua Coronel Cardeira da Silva S / N | Active | €305,000 | €2,990 | 16.8% | — | 70 |
| São Gonçalo de Lagos · 1907b0 | Active | €395,000 | €3,657 | 1.8% | 75 | 73 |
| Median comp | €352,500 | €3,737 | 4.0% | 72 | 71 |
Short-term vacation rental This 2-bed apartment in São Gonçalo de Lagos presents a gross yield of 3.9%, aligning closely with its fair value of €566,277, indicating that it may not generate significant excess returns as a short-term rental. While tourism boosts potential occupancy, the tight margin suggests limited upside in the highly competitive vacation rental market. Buy-and-hold Holding this property for the long term offers a stable investment given its fair pricing and decent yield of 3.9%, making it an adequate choice for steady rental income. However, the property does not exhibit significant appreciation potential, which could limit long-term capital gains. Long-term rental As a long-term rental, this property is reasonably positioned to attract stable tenants in a neighborhood with a decent tenant quality rating of 73/100. The fair valuation suggests no immediate profit potential, making this a low-risk but less lucrative option for investors seeking short-term returns.
Potential Economic Volatility The economic and tenant stability scores of 70/100 indicate a moderate risk of fluctuations in income and occupancy rates, which may impact profitability in uncertain economic conditions.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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