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 100 m², built in 2025, energy rating A+. Located Luz parish, Lagos municipality, Faro district. This apartment features an exclusive 45.20 m² private yard with direct pool access, enhancing outdoor leisure opportunities and providing potential for personalized landscaping.
The valuation. The asking price of €650,000 sits €206,291 (46.5%) above the fair value of €443,709, indicating that the property is overpriced. This significant mark-up raises concerns about the investment's immediate viability in terms of resale or rental income.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Luz · 2cdb7b | Subject | €650,000 | €6,500 | — | — | 71 |
| São Gonçalo de Lagos · 51b5e5 | Active | €675,000 | €6,136 | 5.6% | 78 | 72 |
| São Gonçalo de Lagos · 2fcbcc | Active | €675,000 | €6,136 | 5.6% | 87 | 70 |
| São Gonçalo de Lagos · 53ce85 | Active | €660,000 | €3,860 | 40.6% | 78 | 71 |
| São Gonçalo de Lagos · 89e7a2 | Active | €585,000 | €3,874 | 40.4% | 80 | 75 |
| Median comp | €667,500 | €5,005 | 23.0% | 79 | 72 |
Short-term vacation rental This 2-bed apartment in Luz, Lagos is positioned within a desirable tourist hotspot, yet the 46.5% premium over its fair value of €443,709 coupled with a gross yield of 0% indicates that the investment is overpriced. The property's condition rating of 0/100 further diminishes its attractiveness for short-term rental operations, which typically rely on high-quality accommodations to maximize rental returns. Buy-and-hold The current listing price of €650,000 suggests that this property is significantly overpriced, with a fair value of €443,709 representing a 46.5% discrepancy. Coupled with a lack of gross yield and a subpar condition rating of 0/100, this strategy presents considerable risks for long-term appreciation in a market dependent on tourism. Family rental Although family rentals can often provide stable cash flow, the overpriced nature of this Luz apartment at €650,000—46.5% above its fair value—poses a barrier to entry for potential tenants. With a gross yield of 0% and a condition rating of 0/100, this property is unlikely to meet the standards expected by families seeking comfortable and affordable living arrangements.
Economic and Tenant Instability Risk: With both economic and tenant stability scores at 65/100, there is a moderate risk of tenant turnover and economic volatility impacting 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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