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.
10-bedroom, 8-bathroom house of 345 m². Located Luz parish, Lagos municipality, Faro district. Noteworthy Features: This property offers panoramic views of the countryside and mountains, as well as extensive outdoor areas including a jacuzzi and barbecue area for leisure activities.
The valuation. The asking price of €1,600,000 is significantly below the fair value of €2,095,224, presenting an opportunity as it is underpriced by €495,224 (23.6%). Buy-to-flip angle. With potential renovations, this property could be flipped for a profit by attracting buyers in the lucrative Algarve market. Buy-to-let angle. Given the area's tourism appeal, this property is well-positioned for short-term vacation rentals, generating steady cash flow after renovations are completed.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Luz · e54c7d | Subject | €1,600,000 | €4,638 | — | — | 67 |
| Luz · 57f7c8 | Active | €2,500,000 | €6,250 | 34.8% | 81 | 71 |
| Luz · 76b14d | Active | €1,395,000 | €4,164 | 10.2% | 80 | 72 |
| Luz · 3d9a66 | Active | €2,250,000 | €7,601 | 63.9% | 90 | 80 |
| Luz · c17973 | Active | €2,500,000 | €5,896 | 27.1% | — | 71 |
| Median comp | €2,375,000 | €6,073 | 30.9% | 81 | 72 |
Short-term vacation rental This property is subvalorizada, presenting a strong opportunity for short-term vacation rental in the Algarve, which is a sought-after tourist destination. The current condition score of 0/100 indicates significant renovation is needed, yet the potential rental income could be substantial given the property’s size and location. Buy-and-hold With a fair value of €2,095,224 compared to the listing price of €1,600,000, this property offers an attractive buy-and-hold investment strategy, especially in an area that benefits from tourism-driven demand. Renovating the property to improve its condition could enhance its value and rental potential over time. Family rental The property’s spacious layout is well-suited for family rentals, and it is positioned in a neighborhood that can appeal to families seeking proximity to local amenities and natural attractions. The property is currently subvalorizada, providing a unique chance to enhance the living experience through improvements while capitalizing on the demand for larger family homes in the region.
Potential Economic Downturn The economic stability score of 58/100 suggests a medium risk of economic downturns affecting 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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