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.
1-bedroom, 1-bathroom apartment of 52 m² on the 11th floor, energy rating B. Located on estrada do Vale de Centeanes, 43, Lagoa e Carvoeiro parish, Lagoa municipality, Faro district. Features: This apartment offers direct beach access and an expansive balcony ideal for enjoying the panoramic sea views, enhancing outdoor living in a serene environment. Valuation Verdict: Fair.
The valuation. The asking price of €380,000 is significantly above the fair value of €227,518, indicating an overvaluation of €152,482 (67.0%). This property is overpriced.
Fair value modelled at €227,518 from 6 comparable sales in the area. Asking €380,000 sits €152,482 (67.0%) above — overpriced versus fair value.
Asking €380,000 versus the estrada do Vale de Centeanes, 43 area baseline of €187,985 (€3,615/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 €187,985, adjusted for condition and micro-location, gives a modelled fair value of €227,518 (€4,375/m²), a €152,482 (67.0%) gap versus the €380,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada do Vale de Centeanes, 43 | Subject | €380,000 | €7,308 | — | 80 | 72 |
| Lagoa e Carvoeiro · 90d7a1 | Active | €435,000 | €3,063 | 58.1% | 75 | 74 |
| rua de Moçambique S / N | Active | €495,000 | €4,950 | 32.3% | 75 | 72 |
| via Spy Manor Productions | Active | €130,000 | €5,652 | 22.7% | 80 | 74 |
| Lagoa e Carvoeiro · ba39ff | Active | €275,000 | €2,371 | 67.6% | 74 | 70 |
| Median comp | €355,000 | €4,007 | 45.2% | 75 | 73 |
Short-term vacation rental The property is priced at €380,000, significantly above its fair value of €227,518, indicating it is overpriced by 67%. Despite the local economy benefiting from tourism, the low yield of 3.3% suggests that the investment may not provide satisfactory returns in the short-term rental market. Buy-and-hold At €380,000, this 1-bed apartment represents an investment that is glaringly overpriced compared to its fair value of €227,518, creating a 67% gap. Over a long-term horizon, the property's inflated pricing and modest yield of 3.3% raise concerns about achieving reasonable returns from a buy-and-hold strategy. Long-term rental This apartment, listed at €380,000 and assessed at a fair value of only €227,518, is definitely overpriced by 67%. With a gross yield of just 3.3%, potential long-term rental investors may find it challenging to secure an adequate return on such an expensive acquisition.
Economic vulnerability With an economic stability score of 65/100, there is a risk that fluctuations in the local economy could adversely affect property values and rental income.
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