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 143 m², built in 2026, energy rating A+. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. Noteworthy Features: The apartment boasts a large private terrace perfect for alfresco dining, as well as secure underground parking, enhancing both comfort and convenience in the vibrant locale of Lagos.
The valuation. The asking price of €580,000 sits below the fair value of €645,736, marking it as underpriced by €65,736 (10.2%). This presents a beneficial opportunity for a prudent investor.
Fair value modelled at €645,736 from 6 comparable sales in the area. Asking €580,000 sits €65,736 (10.2%) below — the upside to fair value.
Asking €580,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €569,634 (€3,983/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 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 €569,634, adjusted for condition and micro-location, gives a modelled fair value of €645,736 (€4,516/m²), a €65,736 (10.2%) gap versus the €580,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · 78821d | Subject | €580,000 | €4,056 | — | 88 | 70 |
| rua Raul Brandäo | Active | €1,100,000 | €6,748 | 66.4% | 85 | 71 |
| São Gonçalo de Lagos · b7c006 | Active | €545,000 | €4,325 | 6.6% | 75 | 64 |
| São Gonçalo de Lagos · be9379 | Active | €640,000 | €4,706 | 16.0% | 85 | 71 |
| parque do Moínho | Active | €610,000 | €5,041 | 24.3% | 80 | 73 |
| Median comp | €625,000 | €4,874 | 20.2% | 83 | 71 |
Short-term vacation rental This 2-bed apartment in São Gonçalo de Lagos presents a strong opportunity for short-term vacation rentals, taking advantage of the Algarve's status as a major tourist destination. With a fair value exceeding the listing price by 10.2%, the property can generate competitive returns during peak seasonal demand. Long-term rental With a solid gross yield of 3.5% and a decent condition rating of 86/100, this property is well-positioned for long-term rental tenants seeking quality accommodations in a popular area. Coupled with the area's seasonal economic influence from tourism, the apartment can consistently attract reliable tenants year-round. Buy-and-hold Investors adopting a buy-and-hold strategy will benefit from this property’s fair value at €645,736, presenting an opportunity to capture value appreciation over time. Given the ongoing demand in the Algarve, this asset is likely to yield favorable returns as the property market evolves. Not ideal for This property is not suitable for student housing, luxury market investments, or industrial purposes due to its residential nature and location in a tourism-driven area.
Economic Vulnerability With an economic stability score of 60/100, there is a risk that fluctuations in the local economy could negatively impact rental demand and property values.
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