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.
4-bedroom, 3-bathroom country_house of 186 m², built in 1987, energy rating F. Located Bensafrim e Barão de São João parish, Lagos municipality, Faro district. Noteworthy Features: This property includes a traditional wood oven and a vineyard, providing unique opportunities for rustic cooking and winemaking within a serene countryside setting.
The valuation. The asking price of €500,000 sits just €125 above the fair value of €499,875, indicating a fair valuation for this property. It reflects a careful consideration of the home’s qualities and local market conditions.
Fair value modelled at €499,875 from 6 comparable sales in the area. Asking €500,000 sits €125 (0.0%) above — overpriced versus fair value.
Asking €500,000 versus the Bensafrim e Barão de São João, Lagos, Faro area baseline of €456,306 (€2,453/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 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 €456,306, adjusted for condition and micro-location, gives a modelled fair value of €499,875 (€2,688/m²), a €125 (0.0%) gap versus the €500,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Bensafrim e Barão de São João · 76b353 | Subject | €500,000 | €2,688 | — | 63 | 71 |
| Bensafrim e Barão de São João · 99f40d | Active | €310,000 | €1,422 | 47.1% | 42 | 65 |
| rua do Rossio | Active | €380,000 | €3,040 | 13.1% | 75 | 62 |
| estrada da Meia Praia | Active | €1,150,000 | €2,277 | 15.3% | — | 70 |
| rua do Rossio | Active | €360,000 | €2,880 | 7.1% | 78 | 64 |
| Median comp | €370,000 | €2,579 | 4.1% | 75 | 65 |
Short-term vacation rental With a gross yield of 4.8% and a fair value closely aligning with the listing price, this property in Algarve is well-situated for short-term vacation rentals in a popular tourist region. The decent neighborhood rating of 71/100 further supports the potential for steady rental income, although the property’s condition rating of 67/100 may require some minor improvements to maximize guest appeal. Long-term rental The property offers a reasonable gross yield of 4.8%, which positions it attractively for long-term rental opportunities in the appealing Algarve region. While the property is fairly priced at €500,000, the moderate neighborhood and condition ratings suggest that potential landlords may need to consider renovations to attract reliable tenants. Buy-and-hold The property, priced fairly at €500,000, can serve as a solid buy-and-hold investment leveraging the strong tourism market in Lagos. Presenting a 4.8% gross yield, the property may appreciate over time, especially if maintenance can enhance its currently average condition of 67/100 and sustain its standing in the 71/100 rated neighborhood.
Economic Volatility Risk The economic stability score of 65/100 suggests a potential for fluctuations in the local economy that may impact rental income and property value.
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