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, 2-bathroom apartment of 110 m² on the 1st floor, built in 2020, energy rating A. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. Noteworthy Features: The property boasts a spacious south-facing terrace that spans the entire living room width, offering stunning views of the ocean and golf course, ideal for outdoor entertaining.
The valuation. The asking price of €675,000 is above the fair value of €620,718 by €54,282 (8.7%). Therefore, this property is fairly priced relative to market conditions. Buy-to-flip angle. The buy-to-flip strategy could be viable with cosmetic updates, positioning the property for a resale that capitalizes on the area's tourist appeal in Algarve. Buy-to-let angle. A buy-to-let approach offers a gross yield of 3.2%, generating an estimated rental income of €1,800 per month during peak tourist seasons, appealing to family renters and vacationers alike.
Fair value modelled at €620,718 from 6 comparable sales in the area. Asking €675,000 sits €54,282 (8.7%) above — overpriced versus fair value.
Asking €675,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €556,796 (€5,062/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 €556,796, adjusted for condition and micro-location, gives a modelled fair value of €620,718 (€5,643/m²), a €54,282 (8.7%) gap versus the €675,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · 2fcbcc | Subject | €675,000 | €6,136 | — | 87 | 70 |
| rua Raul Brandäo | Active | €1,100,000 | €6,748 | 10.0% | 80 | 68 |
| São Gonçalo de Lagos · 467fdd | Active | €1,350,000 | €5,649 | 7.9% | 82 | 68 |
| São Gonçalo de Lagos · 1906ea | Active | €575,000 | €5,637 | 8.1% | 78 | 74 |
| urbanização Senhora Gloria, 30 | Active | €475,000 | €5,793 | 5.6% | 80 | 78 |
| Median comp | €837,500 | €5,721 | 6.8% | 80 | 71 |
Short-term vacation rental The property offers a gross yield of 3.2%, which aligns with the area's tourism appeal, but it is important to note the apartment is priced at a fair value, creating limited upside potential for short-term rentals. Seasonal fluctuations in demand can affect occupancy rates, indicating that while the property is well-placed, it may not outperform the market. Buy-and-hold Holding this apartment in a growing tourism area can provide stable long-term returns, yet the price of €675,000 marks it as fair against a valuation of €620,718. While the condition and amenities are desirable, potential appreciation may be limited given its current pricing situation. Family rental With a condition rating of 85/100, this property is well-suited for family rentals, yet the fair valuation suggests that its current price does not provide a strong investment incentive for long-term tenancy. The neighborhood's quality score of 70/100 reflects a decent environment for families, but the pricing remains aligned with market expectations rather than indicating a clear advantage for investors.
Economic Vulnerability Due to a moderate economic stability score of 60/100, the property may face challenges related to regional market fluctuations affecting rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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