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.
1-bedroom, 2-bathroom house of 57 m², built in 2015. Located on travessa do Cemitério, São Gonçalo de Lagos parish, Lagos municipality, Faro district. Noteworthy Features: The enclosed balcony with sliding glass windows enhances the living space, while the proximity to the vibrant squares offers an ideal blend of leisure and tranquility.
The valuation. The asking price of €380,000 is significantly above the fair value of €301,855, presenting an overpricing margin of €78,145 (25.9%). This indicates the property is not a sound investment at its current price point.
Fair value modelled at €301,855 from 6 comparable sales in the area. Asking €380,000 sits €78,145 (25.9%) above — overpriced versus fair value.
Asking €380,000 versus the travessa do Cemitério area baseline of €288,738 (€5,066/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 €288,738, adjusted for condition and micro-location, gives a modelled fair value of €301,855 (€5,296/m²), a €78,145 (25.9%) gap versus the €380,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa do Cemitério | Subject | €380,000 | €6,667 | — | 80 | 74 |
| São Gonçalo de Lagos · d7484c | Active | €299,000 | €4,902 | 26.5% | 80 | 75 |
| São Gonçalo de Lagos · f14bc2 | Active | €985,000 | €6,888 | 3.3% | 78 | 71 |
| São Gonçalo de Lagos · 46801f | Active | €299,000 | €4,902 | 26.5% | 72 | 70 |
| rua da Marombeira | Active | €350,000 | €5,556 | 16.7% | 70 | 70 |
| Median comp | €324,500 | €5,229 | 21.6% | 75 | 71 |
Short-term vacation rental The property presents a yield of 3.2%, which is less attractive given that it is overpriced by 25.9% compared to its fair value of €301,855. The seasonal nature of the Algarve tourism market may further impede potential returns, suggesting a cautious approach to investment. Buy-and-hold This property, listed at €380,000, exceeds its fair value, indicating it may not appreciate as anticipated in the overvalued market. While Lagos is a desirable location in the Algarve, the significant gap to fair value diminishes the long-term investment appeal. Family rental Family rental prospects may be constrained, as the property's condition rating of 79/100 and neighbourhood rating of 74/100 suggest it lacks some desirability among families. With the price set at €380,000, the property is overpriced, limiting potential rental income and overall attractiveness for this strategy.
Economic Vulnerability The economic stability score of 65 indicates a moderate risk, suggesting potential fluctuations in economic conditions that could impact rental income or property value. Tenant Instability Similarly, a tenant stability score of 65 reflects a potential risk of tenant turnover, which could lead to increased vacancy rates and decreased cash flow.
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