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 house of 189 m², built in 1994. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. Property Features: The house features a well-maintained terrace adorned with clean terracotta tiling, enhancing outdoor living potential in a desirable area of Meia Praia.
The valuation. The asking price of €725,000 sits above the fair value of €703,052 by €21,948 (3.1%). This property is fairly priced in the current market context.
Fair value modelled at €703,052 from 6 comparable sales in the area. Asking €725,000 sits €21,948 (3.1%) above — overpriced versus fair value.
Asking €725,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €649,426 (€3,436/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €649,426, adjusted for condition and micro-location, gives a modelled fair value of €703,052 (€3,720/m²), a €21,948 (3.1%) gap versus the €725,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · 2cdb97 | Subject | €725,000 | €3,836 | — | — | 70 |
| jardim da Meia Praia | Active | €425,000 | €3,512 | 8.4% | 73 | 73 |
| jardim da Meia Praia | Active | €425,000 | €3,512 | 8.4% | 73 | 71 |
| rua do Poço | Active | €319,000 | €4,493 | 17.1% | 75 | 68 |
| Odiáxere · f363a4 | Active | €595,000 | €3,628 | 5.4% | 73 | 73 |
| Median comp | €425,000 | €3,570 | 6.9% | 73 | 72 |
Short-term vacation rental This property in São Gonçalo de Lagos, listed at €725,000, is reasonably aligned with its fair value of €703,052, indicating a fair investment landscape. With a gross yield of 2.9% and the proximity to Albufeira, it has potential as a well-placed vacation rental, albeit not with an attractive yield profile. Buy-and-hold The current listing price reflects a 3.1% gap from its fair value, suggesting that while it is at a fair price point, it may not be the optimal choice for buy-and-hold strategies. Given the neighborhood's strong tourism influence, longer-term appreciation may be limited by the low gross yield of 2.9%. Family rental As a family rental option, this property shows a balanced score on condition (79/100) and neighborhood quality (70/100), justifying its fair valuation status. However, the modest gross yield of 2.9% indicates that while it is viable for family tenants, it may not provide favorable returns in a competitive rental market. Not ideal for: Student housing, Luxury market, Industrial investment
Tenant turnover risk The combination of a Tenant stability score of 60 and an Economic stability score of 65 increases the likelihood of tenant turnover, which could lead to higher vacancy rates and decreased rental income over time.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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