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, 2-bathroom duplex of 223 m², built in 2006, energy rating C. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. Noteworthy Features: This duplex uniquely features a third bedroom on the lower floor, offering versatile use as a guest room or home office, enhancing everyday functionality. Outdoor Space: The private garden and terrace provide an ideal setting for outdoor dining and relaxation, perfect for barbecues.
The valuation. The asking price of €559,000 sits €107,243 (16.1%) below the fair value of €666,243, indicating that the property is subpriced in the current market. This presents a favorable opportunity for investment.
Fair value modelled at €666,243 from 6 comparable sales in the area. Asking €559,000 sits €107,243 (16.1%) below — the upside to fair value.
Asking €559,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €610,694 (€2,739/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 €610,694, adjusted for condition and micro-location, gives a modelled fair value of €666,243 (€2,988/m²), a €107,243 (16.1%) gap versus the €559,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · 07fbc2 | Subject | €559,000 | €2,507 | — | 78 | 66 |
| São Gonçalo de Lagos · 735461 | Active | €319,000 | €2,593 | 3.5% | 72 | 70 |
| rua Professor Doutor Mota Pinto | Active | €540,000 | €3,140 | 25.2% | 80 | 78 |
| São Gonçalo de Lagos · 4b98a1 | Active | €330,000 | €2,946 | 17.5% | 75 | 76 |
| rua Professor Doutor Mota Pinto | Active | €540,000 | €3,140 | 25.2% | 78 | 75 |
| Median comp | €435,000 | €3,043 | 21.4% | 77 | 76 |
Short-term vacation rental This property is well-positioned for the strong tourist appeal in the Algarve, making it an attractive option for short-term vacation rentals. Given its fair value of €666,243, the current listing price offers a compelling opportunity for potential investors in this thriving market. Long-term rental With a gap from fair value of 16.1%, this 3-bed duplex could provide a solid long-term rental option, despite yielding 0% gross currently. The overall condition and decent neighborhood rating indicate it has potential to attract stable tenant quality for sustained rental income. Buy-and-hold This property presents a favorable buy-and-hold investment, considering its significant fair value differential and the enduring demand in the Algarve region. By securing this duplex below its fair market value, investors can benefit from future appreciation as the market continues to thrive. Not ideal for Student housing and the luxury market are not suitable for this property due to its current condition and neighborhood ratings, while the potential for value-add renovation is limited. Therefore, aiming for these segments could detract from the investment's profitability and stability.
Economic Instability Risk The property has an economic stability score of 50/100, suggesting potential volatility in the local economy that could impact rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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