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, 1-bathroom apartment of 93 m² on the 2nd floor. Located on rua Júlia Barroso, 5, São Gonçalo de Lagos parish, Lagos municipality, Faro district. Noteworthy Features: This apartment boasts a recently painted exterior, providing a fresh appearance, and utilizes solid construction materials that enhance durability and minimize future maintenance needs.
The valuation. The asking price of €374,000 is €30,001 (7.4%) below the fair value of €404,001, positioning it as a fair investment opportunity. The property is fairly priced for its location and condition. Buy-to-flip angle. The buy-to-flip strategy could capitalize on the property’s fair valuation, targeting a resale in the thriving Algarve market. Investor interest could drive up resale values given the area’s tourism appeal. Buy-to-let angle. With an estimated gross yield of 4.2%, this apartment is ideal for a buy-to-let strategy. Monthly rental income of approximately €1,309 makes it a lucrative option for long-term rental investments in a stable tourism flow region.
Fair value modelled at €404,001 from 6 comparable sales in the area. Asking €374,000 sits €30,001 (7.4%) below — the upside to fair value.
Asking €374,000 versus the rua Júlia Barroso, 5 area baseline of €403,081 (€4,334/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 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 €403,081, adjusted for condition and micro-location, gives a modelled fair value of €404,001 (€4,344/m²), a €30,001 (7.4%) gap versus the €374,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Júlia Barroso, 5 | Subject | €374,000 | €4,022 | — | 70 | 74 |
| rua Salgueiro Maia, 30 | Active | €375,000 | €4,464 | 11.0% | 68 | 72 |
| rua Joaquim Conselheiro Machado N | Active | €255,000 | €4,250 | 5.7% | 65 | 71 |
| rua Gil Leonel, 15-2º | Active | €350,000 | €4,118 | 2.4% | 72 | 72 |
| São Gonçalo de Lagos · 389d37 | Active | €290,000 | €5,273 | 31.1% | 68 | 66 |
| Median comp | €320,000 | €4,357 | 8.3% | 68 | 72 |
Short-term vacation rental The property, with a gross yield of 4.2%, is positioned in a popular tourist area of the Algarve, benefiting from consistent demand. However, with a fair value of €404,001, the current listing price suggests a fair market position, leaving limited potential for immediate appreciation. Buy-and-hold Holding this 2-bed apartment can provide a stable rental income due to the attractive yield, despite the property being fairly priced at €374,000. The moderate condition score of 69 indicates the potential for value enhancement over time, yet investment growth may be constrained without a significant upgrade. Long-term rental The property is well-suited for long-term rental in the stable São Gonçalo de Lagos neighborhood, which scores 74 out of 100 overall. However, given its fair valuation, prospective investors should consider that the growth potential in rental yields can be modest in a fairly priced market. Not ideal for: Student housing, Industrial properties, Luxury market
Moderate economic and tenant risk With both economic stability and tenant stability scores at 70/100, there is a moderate risk associated with potential fluctuations in rental income and occupancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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