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, 3-bathroom house of 213 m², energy rating C. Located on rua Aníbal Lúcio de Azevedo, Luz parish, Lagos municipality, Faro district. Noteworthy Feature: The property’s outdoor terrace is not only expansive but also features built-in seating that enhances gatherings while maximizing enjoyment of the breathtaking coastal views.
The valuation. The asking price of €775,000 is significantly below the fair value of €1,130,831, reflecting a discount of €355,831 or 31.5%. This suggests the property is subvalued in the current market.
Fair value modelled at €1,130,831 from 6 comparable sales in the area. Asking €775,000 sits €355,831 (31.5%) below — the upside to fair value.
Asking €775,000 versus the rua Aníbal Lúcio de Azevedo area baseline of €1,105,399 (€5,190/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €1,105,399, adjusted for condition and micro-location, gives a modelled fair value of €1,130,831 (€5,309/m²), a €355,831 (31.5%) gap versus the €775,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Aníbal Lúcio de Azevedo | Subject | €775,000 | €3,638 | — | 80 | 71 |
| Luz · 62276e | Active | €948,000 | €5,677 | 56.0% | 83 | 73 |
| Luz · 1f347e | Active | €895,000 | €3,255 | 10.6% | 75 | 72 |
| Luz · 8750a9 | Active | €895,000 | €3,255 | 10.6% | 78 | 71 |
| Luz · 2d8185 | Active | €1,495,000 | €5,155 | 41.7% | 85 | 69 |
| Median comp | €921,500 | €4,205 | 15.6% | 81 | 72 |
Short-term vacation rental The current listing price of €775,000 presents an attractive opportunity for short-term vacation rentals, given the fair value estimate of €1,130,831, indicating a potential upside. With a gross yield of 4.8% and the property situated in the desirable Algarve region, it is well-positioned to capitalize on seasonal tourist demand. Buy-and-hold Investing in this property at €775,000 could yield strong long-term appreciation, as the fair value is assessed at €1,130,831, creating a significant gap of 31.5%. The combination of its favorable location in a sought-after area and an 85/100 condition rating enhances its potential for sustained value growth. Long-term rental Acquiring this house for €775,000 aligns well with a long-term rental strategy, bolstered by the fair market value of €1,130,831 which signifies a 31.5% potential upside. The property benefits from a decent gross yield of 4.8% and is located in a neighborhood with a respectable tenant quality rating of 71/100, ensuring steady rental income. Not ideal for This property is not suitable for student housing due to its pricing and overall demographics of the area, which are not aligned with typical student rental needs. Additionally, its features and price point make it less appealing for entry into the luxury market or as an industrial investment.
Economic Volatility Risk The economic stability score of 55/100 indicates a potential risk of economic fluctuations that may adversely affect rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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