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.
4-bedroom, 4-bathroom house of 276 m², built in 2021. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. This property features an impressive 92 m² ground floor garage, offering versatile options for parking, storage, and potential additional living space.
The valuation. The asking price of €975,000 exceeds the fair value of €868,765 by €106,235 (12.2%). This property is currently overpriced relative to its market value.
Fair value modelled at €868,765 from 6 comparable sales in the area. Asking €975,000 sits €106,235 (12.2%) above — overpriced versus fair value.
Asking €975,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €719,822 (€2,608/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 €719,822, adjusted for condition and micro-location, gives a modelled fair value of €868,765 (€3,148/m²), a €106,235 (12.2%) gap versus the €975,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · 7cac28 | Subject | €975,000 | €3,533 | — | 84 | 72 |
| São Gonçalo de Lagos · 19f6a3 | Active | €1,300,000 | €3,148 | 10.9% | 72 | 68 |
| Luz · 82c6f6 | Active | €825,000 | €4,508 | 27.6% | 76 | 66 |
| São Gonçalo de Lagos · 23f386 | Active | €1,300,000 | €3,148 | 10.9% | 72 | 70 |
| São Gonçalo de Lagos · 6fb85c | Active | €1,300,000 | €3,148 | 10.9% | 73 | 69 |
| Median comp | €1,300,000 | €3,148 | 10.9% | 73 | 69 |
Short-term vacation rental The property's high price of €975,000 represents a 12.2% gap compared to its fair value, making it an expensive option for a short-term vacation rental in a tourism-driven area. With a gross yield of only 4.7%, this investment may not generate sufficient returns relative to its high upfront cost. Buy-and-hold At a listing price of €975,000, the property is considered overpriced by 12.2%, which diminishes its potential as a long-term buy-and-hold investment. Given the seasonal employment landscape in São Gonçalo de Lagos, the current pricing may limit future appreciation in value. Family rental The property price of €975,000 exceeds its fair value by 12.2%, raising concerns about its viability as a family rental investment in a neighborhood scoring 72/100. The relatively low gross yield of 4.7% further suggests that this investment may not meet the financial expectations for families seeking rental accommodations in the area.
Potential Rental Decline Despite a tenant stability score of 70/100, the economic stability score of 65/100 may indicate an elevated risk of rental income fluctuations, affecting overall returns.
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