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 143 m², built in 2025. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. This luxury apartment features extensive marble flooring and a modern rooftop pool area with stunning sea views, enhancing its high-end appeal and inviting outdoor relaxation.
The valuation. The asking price of €620,000 is €47,333 (7.1%) below the fair value of €667,333, positioning the property at a fair price. This makes it an appealing option for potential investors looking for a property aligned with market value.
Fair value modelled at €667,333 from 6 comparable sales in the area. Asking €620,000 sits €47,333 (7.1%) below — the upside to fair value.
Asking €620,000 versus the São Gonçalo de Lagos, Lagos, Faro area baseline of €594,295 (€4,156/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 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 €594,295, adjusted for condition and micro-location, gives a modelled fair value of €667,333 (€4,667/m²), a €47,333 (7.1%) gap versus the €620,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gonçalo de Lagos · e54e7a | Subject | €620,000 | €4,336 | — | — | 74 |
| São Gonçalo de Lagos · 090044 | Active | €685,000 | €5,708 | 31.7% | 82 | 73 |
| São Gonçalo de Lagos · 3a7396 | Active | €550,000 | €4,583 | 5.7% | 78 | 70 |
| urbanização Marina Marina de Lagos | Active | €665,000 | €4,750 | 9.6% | 82 | 66 |
| São Gonçalo de Lagos · 788189 | Active | €535,000 | €4,053 | 6.5% | 82 | 72 |
| Median comp | €607,500 | €4,667 | 7.6% | 82 | 71 |
Short-term vacation rental This property's prime location in the Algarve, a region known for its tourism, is likely to generate solid returns, reflected in a gross yield of 4.5%. However, at a listing price of €620,000, the property is valued fairly against a fair value of €667,333, indicating that potential gross income may not significantly outpace its current pricing. Long-term rental With a tenant quality score of 74/100, this 2-bed apartment offers a reasonable option for long-term rental investments, supported by the area's ongoing demand for housing. That said, given the fair valuation close to the listing price, investors should weigh local rental market dynamics against this property’s pricing. Family rental The apartment's size and condition rating of 86/100 make it suitable for families looking for quality accommodation in a tourist-friendly area. Nevertheless, with the property positioned fairly at €620,000 against a fair value of €667,333, families seeking housing may find more competitively priced options in the market.
Economic Resilience Risk The economic stability score of 55/100 indicates a moderate risk of economic downturns potentially affecting tenant reliability, despite a relatively higher tenant stability score of 70/100 suggesting current tenants may be less prone to vacating under normal conditions.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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