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, 3-bathroom apartment of 125 m², built in 2009. Located Lagoa e Carvoeiro parish, Lagoa municipality, Faro district. This apartment is part of a five-star resort, featuring six swimming pools, a full-service spa, and close proximity to some of Europe's finest golf courses and stunning beaches.
The valuation. The asking price of €440,000 is slightly above the fair value of €428,757, representing a difference of €11,243 or approximately 2.6%. Overall, the property valuation is deemed fair.
Fair value modelled at €428,757 from 6 comparable sales in the area. Asking €440,000 sits €11,243 (2.6%) above — overpriced versus fair value.
Asking €440,000 versus the Lagoa e Carvoeiro, Lagoa, Faro area baseline of €317,149 (€2,537/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €317,149, adjusted for condition and micro-location, gives a modelled fair value of €428,757 (€3,430/m²), a €11,243 (2.6%) gap versus the €440,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Lagoa e Carvoeiro · 7cacab | Subject | €440,000 | €3,520 | — | 80 | 68 |
| Lagoa e Carvoeiro · 3a73b9 | Active | €395,000 | €3,527 | 0.2% | 75 | 70 |
| Estômbar e Parchal · 438eeb | Active | €395,000 | €2,782 | 21.0% | 78 | 73 |
| Lagoa e Carvoeiro · 3d98ac | Active | €450,000 | €3,333 | 5.3% | 74 | 72 |
| Lagoa e Carvoeiro · 33bdd1 | Active | €350,000 | €2,991 | 15.0% | 70 | 65 |
| Median comp | €395,000 | €3,162 | 10.2% | 75 | 71 |
Short-term vacation rental This property offers potential for short-term vacation rental given its location in Algarve, which thrives on tourism. However, the current yield of 0% indicates that it may not generate significant immediate returns, aligning with the fair value sentiment. Family rental With a fair value closely matching the listing price, this property could appeal to families seeking spacious living in a tourist-friendly area. Nevertheless, the lack of gross yield suggests a more cautious investment approach as rental income may not be optimal at this stage. Long-term rental The 2-bedroom apartment in Lagoa offers a reasonable opportunity for long-term rental within a desirable tourist zone. Yet, with a current yield of 0%, investors should be aware that this property may not provide the expected return on investment immediately versus its fair value. Not ideal for: Student housing, Industrial investment, Luxury market Given its fair valuation and the neighborhood's lack of appeal for certain sectors, the property is less suitable for student housing, industrial investment, and the luxury market.
Economic Vulnerability The economic stability score of 60/100 indicates a potential risk due to uncertainty in the market, which may affect tenant retention and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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