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 173 m². Located Lagoa e Carvoeiro parish, Lagoa municipality, Faro district. Noteworthy Features: This apartment's generous outdoor spaces include a spacious private terrace ideal for entertaining, and a large north-facing terrace with ample sunlight access for relaxation.
The valuation. The asking price of €495,000 is notably below the fair value of €592,813, representing a difference of €97,813 or 16.5%. This property is assessed as underpriced in the current market.
Fair value modelled at €592,813 from 6 comparable sales in the area. Asking €495,000 sits €97,813 (16.5%) below — the upside to fair value.
Asking €495,000 versus the Lagoa e Carvoeiro, Lagoa, Faro area baseline of €473,693 (€2,738/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €473,693, adjusted for condition and micro-location, gives a modelled fair value of €592,813 (€3,427/m²), a €97,813 (16.5%) gap versus the €495,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Lagoa e Carvoeiro · 2fcdc5 | Subject | €495,000 | €2,861 | — | 73 | 74 |
| Estômbar e Parchal · 438eeb | Active | €395,000 | €2,782 | 2.8% | 78 | 73 |
| Lagoa e Carvoeiro · 3d98ac | Active | €450,000 | €3,333 | 16.5% | 74 | 72 |
| Lagoa e Carvoeiro · 7cacab | Active | €440,000 | €3,520 | 23.0% | 80 | 68 |
| Lagoa e Carvoeiro · 3a73b9 | Active | €395,000 | €3,527 | 23.3% | 75 | 70 |
| Median comp | €417,500 | €3,427 | 19.8% | 77 | 71 |
Short-term vacation rental The 2-bed apartment in Lagoa e Carvoeiro is positioned to benefit from the Algarve's strong tourism market, making it an appealing option for short-term vacation rentals. With a fair value gap of 16.5% and a gross yield of 3.5%, this property offers a strategic investment opportunity in a sought-after area. Buy-and-hold Investing in this property should be considered for long-term wealth accumulation, as it is currently subvalued and has the potential to appreciate in a thriving location. The current condition rating of 76/100 indicates that while some upgrades may be needed, it is largely in good shape for a buy-and-hold strategy. Family rental With a solid neighborhood rating of 74/100, this 2-bed apartment is well-suited for family rentals, catering to the region's demographic of both tourists and retirees. The property's spacious layout and proximity to amenities enhance its appeal for families seeking longer-term rentals in picturesque Lagoa e Carvoeiro.
Economic Vulnerability The economic stability score of 55/100 suggests potential fluctuations in local economic conditions that could negatively impact property income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Sign in to buy the report or use a credit
