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.
3-bedroom, 2-bathroom house of 200 m², built in 1980, energy rating C. Located Bensafrim e Barão de São João parish, Lagos municipality, Faro district. Noteworthy Features: The property includes 30,000 m² of land, allowing for potential expansion or agricultural use, and features an electric pool cover for enhanced convenience and safety.
The valuation. The asking price of €575,000 sits below the fair value of €616,500 by €41,500 (6.7%), indicating that this property is reasonably priced. The valuation reflects a strong market position considering the ongoing demand in the area.
Fair value modelled at €616,500 from 6 comparable sales in the area. Asking €575,000 sits €41,500 (6.7%) below — the upside to fair value.
Asking €575,000 versus the Bensafrim e Barão de São João, Lagos, Faro area baseline of €493,228 (€2,466/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 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 €493,228, adjusted for condition and micro-location, gives a modelled fair value of €616,500 (€3,083/m²), a €41,500 (6.7%) gap versus the €575,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Bensafrim e Barão de São João · 787ffe | Subject | €575,000 | €2,875 | — | 74 | 66 |
| via Algarviana | Active | €385,000 | €1,974 | 31.3% | 70 | 62 |
| Bensafrim e Barão de São João · 652fe5 | Active | €725,000 | €3,021 | 5.1% | 62 | 70 |
| rua do Rossio | Active | €380,000 | €3,040 | 5.7% | 75 | 62 |
| rua do Rossio | Active | €360,000 | €2,880 | 0.2% | 78 | 64 |
| Median comp | €382,500 | €2,951 | 2.6% | 73 | 63 |
Short-term vacation rental While the property shows potential given its location in the Algarve, the yield is currently 0%, indicating that it's not generating income through this strategy at the moment. The fair value of €616,500 suggests that even though it aligns with market expectations, the property's income-generating capabilities need to be evaluated more closely to ensure profitability. Buy-and-hold This property is positioned within a recognized tourism destination, yet with a fair valuation, it doesn't present a compelling opportunity for long-term appreciation compared to other investments. The housing condition of 73/100 and neighbourhood rating of 66/100 highlights a stable but unspectacular environment for long-term value growth. Long-term rental The current conditions suggest that the property may not yield competitive returns in a long-term rental strategy, given the 0% gross yield and its placement in a less favorable neighbourhood. While the property holds fair value at €575,000, potential investors should remain cautious of seasonal fluctuations in the local rental market, which could affect consistent cash flow.
Economic Vulnerability The property’s economic stability score of 60/100 indicates a potential risk due to a lack of strong economic drivers, which may affect tenant demand and rental income stability.
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