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 on the 1st floor, built in 2025, energy rating A+. Located Luz parish, Lagos municipality, Faro district. Noteworthy Features: The property includes a rooftop terrace equipped with a jacuzzi, enhancing outdoor luxury and relaxation options for the owner. Local Accommodation Status: Currently operational with confirmed bookings for 2027, ensuring immediate rental income potential.
The valuation. The asking price of €670,000 is significantly above the fair value of €443,709, representing an overpricing of €226,291 (51.0%). This substantial discrepancy suggests a risky investment scenario.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Luz · 2cdba2 | Subject | €670,000 | €6,700 | — | — | 68 |
| São Gonçalo de Lagos · 51b5e5 | Active | €675,000 | €6,136 | 8.4% | 78 | 72 |
| São Gonçalo de Lagos · 2fcbcc | Active | €675,000 | €6,136 | 8.4% | 87 | 70 |
| São Gonçalo de Lagos · 53ce85 | Active | €660,000 | €3,860 | 42.4% | 78 | 71 |
| São Gonçalo de Lagos · 89e7a2 | Active | €585,000 | €3,874 | 42.2% | 80 | 75 |
| Median comp | €667,500 | €5,005 | 25.3% | 79 | 72 |
Short-term vacation rental The 2-bed apartment in Luz, Lagos is overpriced at €670,000 despite the booming tourism market in the Algarve, with fair value assessed at only €443,709. With a yield of 0%, potential income from short-term rentals is insufficient to justify the premium price. Buy-and-hold Investing in this property as a buy-and-hold strategy is unwise, given its significant overpricing at 51% above fair value. The lack of cash flow generation, with a gross yield of 0%, further detracts from its long-term investment appeal. Family rental This 2-bed apartment's asking price of €670,000 makes it less attractive for family rentals, as it significantly exceeds the fair value of €443,709. Additionally, the quality of the property is rated poorly at 0/100, which could deter potential tenants looking for suitable family accommodations.
Economic Volatility Risk The property has an economic stability score of 60/100, indicating potential vulnerability to economic downturns which could affect tenant retention and rental income.
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