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, 3-bathroom townhouse of 155 m², built in 1995, energy rating D. Located Lagoa e Carvoeiro parish, Lagoa municipality, Faro district. The townhouse features a thoughtfully designed interior with expansive living areas and a private terrace accessible from both bedrooms, enhancing indoor-outdoor flow and natural light.
The valuation. The asking price of €495,000 is €50,990 (11.5%) above the fair value of €444,010. This property is considered overpriced in the current market.
Fair value modelled at €444,010 from 5 comparable sales in the area. Asking €495,000 sits €50,990 (11.5%) above — overpriced versus fair value.
Asking €495,000 versus the Lagoa e Carvoeiro, Lagoa, Faro area baseline of €337,365 (€2,177/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 €337,365, adjusted for condition and micro-location, gives a modelled fair value of €444,010 (€2,865/m²), a €50,990 (11.5%) gap versus the €495,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Lagoa e Carvoeiro · 097025 | Subject | €495,000 | €3,194 | — | 76 | 70 |
| Lagoa e Carvoeiro · a79db3 | Active | €390,000 | €2,868 | 10.2% | 74 | 71 |
| rua Depósito de Água | Active | €550,000 | €2,865 | 10.3% | 74 | 66 |
| Lagoa e Carvoeiro · a803b8 | Active | €545,000 | €3,516 | 10.1% | 78 | 74 |
| Lagoa e Carvoeiro · cbc062 | Active | €630,000 | €2,800 | 12.3% | 76 | 73 |
| Median comp | €547,500 | €2,867 | 10.2% | 75 | 72 |
Short-term vacation rental The property is overpriced at €495,000, exceeding the fair value of €444,010 by 11.5%, which may deter potential guests seeking value in competitive tourist markets. With a gross yield of only 4%, investors might find better short-term rental opportunities that offer higher returns in the Algarve's vibrant tourist landscape. Long-term rental Considering its fair value and current condition rating of 76/100, the property’s asking price may limit its attractiveness to renters looking for affordable long-term accommodations in Lagoa. The 4% gross yield suggests that the ongoing financial performance could be more compelling elsewhere, particularly given the neighbourhood's overall quality rating of 70/100. Family rental With a gap to fair value of 11.5%, this townhouse is deemed overpriced and may not appeal to families aiming for reasonable housing costs in a desirable area. Although the property is suitable in size, the current asking price may lead families to seek better-value options that align with their budgetary needs.
Potential Vacancy Risk The economic stability score of 60/100 suggests a moderate risk of economic downturns affecting tenant retention, which is compounded by a tenant stability score of 70/100 indicating that while current tenants are relatively stable, there is still a risk of turnover that could affect occupancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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