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 72 m², built in 1998, energy rating C. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. This apartment includes a versatile enclosed balcony, ideal for use as an office or additional bedroom, enhancing both utility and space efficiency.
The valuation. The asking price of €365,000 sits €65,819 (15.3%) below the fair value of €430,819, indicating this property is underpriced. This favorable position may entice potential buyers looking for value in a promising market.
Fair value modelled at €430,819 from 6 comparable sales in the area. Asking €365,000 sits €65,819 (15.3%) below — the upside to fair value.
Asking €365,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €423,949 (€5,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 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 €423,949, adjusted for condition and micro-location, gives a modelled fair value of €430,819 (€5,984/m²), a €65,819 (15.3%) gap versus the €365,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · 09700a | Subject | €365,000 | €5,069 | — | 68 | 74 |
| rua Santa | Active | €219,900 | €5,363 | 5.8% | 68 | 68 |
| São Gonçalo de Lagos · 83111e | Active | €365,000 | €7,019 | 38.5% | 75 | 73 |
| São Gonçalo de Lagos · 389d37 | Active | €290,000 | €5,273 | 4.0% | 68 | 66 |
| São Gonçalo de Lagos · 3897ce | Active | €260,000 | €5,000 | 1.4% | — | 75 |
| Median comp | €275,000 | €5,318 | 4.9% | 68 | 71 |
Short-term vacation rental The property in São Gonçalo de Lagos is well-positioned to capitalize on the strong tourist market, with a fair value 15.3% above the listing price indicating it is underpriced. Its gross yield of 3.9% suggests good potential returns for investors focused on short-term rentals, especially given the appealing neighborhood amenities. Long-term rental With a fair value assessment showing a 15.3% gap from the listing, this apartment represents an attractive investment for long-term rentals in a tourist-driven area. The decent condition rating of 72 and a neighborhood rating of 74 contribute positively to its rental viability, ensuring steady demand from tenants. Buy-and-hold As a buy-and-hold investment, the São Gonçalo de Lagos apartment shows promise due to its 15.3% underpricing relative to fair value, indicating strong potential for appreciation. The combination of a stable gross yield of 3.9% and the area's ongoing infrastructure development underscores its suitability for long-term ownership and value growth.
Potential tenant turnover risk With a tenant stability score of 75/100, there is a considerable possibility of turnover, which can lead to increased vacancy rates and costs; combined with an economic stability score of 65/100, this may affect rental income consistency.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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