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 86 m², built in 2004, energy rating C. Located Lagoa e Carvoeiro parish, Lagoa municipality, Faro district. Noteworthy Features: The apartment includes a private rooftop terrace equipped with a barbecue, offering stunning views of the sea and the surrounding region, enhancing outdoor living possibilities.
The valuation. The asking price of €420,000 is significantly above fair value, which sits at €375,748. This results in an overpriced status of €44,252 (11.8%). Buy-to-flip angle. A short-term vacation rental strategy could potentially capitalize on the property’s location in a tourist region, yet current pricing may make resale challenging. Buy-to-let angle. Given the estimated gross yield of 0% and the seasonal tourism patterns in the area, the long-term rental strategy may struggle to generate consistent income.
Fair value modelled at €375,748 from 6 comparable sales in the area. Asking €420,000 sits €44,252 (11.8%) above — overpriced versus fair value.
Asking €420,000 versus the Lagoa e Carvoeiro, Lagoa, Faro area baseline of €309,999 (€3,605/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €309,999, adjusted for condition and micro-location, gives a modelled fair value of €375,748 (€4,369/m²), a €44,252 (11.8%) gap versus the €420,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Lagoa e Carvoeiro · 51b601 | Subject | €420,000 | €4,884 | — | 75 | 63 |
| rua de Moçambique S / N | Active | €495,000 | €4,950 | 1.4% | 75 | 72 |
| Estômbar e Parchal · 225adf | Active | €395,000 | €2,782 | 43.0% | 75 | 73 |
| urbanização Clube Golfmar | Active | €430,000 | €2,756 | 43.6% | 74 | 71 |
| Lagoa e Carvoeiro · 1e6002 | Active | €395,000 | €4,877 | 0.1% | 76 | 70 |
| Median comp | €412,500 | €3,830 | 21.6% | 75 | 72 |
Short-term vacation rental This property, listed at €420,000, is overpriced by 11.8% compared to its fair value of €375,748, making it a risky investment in the short-term rental market. Additionally, with a gross yield of 0%, the financial returns may not justify the premium price during the seasonal tourism fluctuations. Long-term rental The property’s fair value of €375,748 suggests that at its current listing price of €420,000, it is overpriced by 11.8%, affecting potential rental income. Furthermore, the current condition score of 78/100 paired with a neighbourhood score of 63/100 indicates that the property may struggle to attract long-term tenants at the expected rental rates. Family rental Given that this apartment is valued at €375,748, the listing price of €420,000 represents an 11.8% overpricing which detracts from its appeal as a family rental option. With a neighbourhood rating of 63/100, families may seek better living conditions elsewhere unless the price is adjusted to reflect fair market value.
Economic Vulnerability The economic stability score of 55/100 indicates a potential risk of economic downturn affecting tenant retention and property value stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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