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 105 m² on the 3rd floor. Located Lagoa e Carvoeiro parish, Lagoa municipality, Faro district. Noteworthy Features: This apartment boasts a modern kitchen with clean aesthetics and fully equipped stainless steel appliances, complemented by upgraded illuminated bathroom fixtures featuring high-quality stone-effect tiles.
The valuation. The asking price of €310,000 is €16,471 (5.0%) below the fair value of €326,471, positioning this property at a reasonable price point that suggests a balanced investment opportunity.
Fair value modelled at €326,471 from 6 comparable sales in the area. Asking €310,000 sits €16,471 (5.0%) below — the upside to fair value.
Asking €310,000 versus the Lagoa e Carvoeiro, Lagoa, Faro area baseline of €300,041 (€2,858/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 is below the parish average, reducing 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 €300,041, adjusted for condition and micro-location, gives a modelled fair value of €326,471 (€3,109/m²), a €16,471 (5.0%) gap versus the €310,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Lagoa e Carvoeiro · 0ad188 | Subject | €310,000 | €2,952 | — | 78 | 78 |
| Estômbar e Parchal · 438eeb | Active | €395,000 | €2,782 | 5.8% | 78 | 73 |
| rua Josè António dos Reis Dàmaso, 47 | Active | €287,500 | €2,712 | 8.1% | 80 | 69 |
| rua 16 de Janeiro, 1 | Active | €250,000 | €3,247 | 10.0% | 72 | 73 |
| rua Francisco Sá Carneiro | Active | €355,000 | €2,983 | 1.0% | 72 | 67 |
| Median comp | €321,250 | €2,883 | 2.4% | 75 | 71 |
Short-term vacation rental With a fair value of €326,471, the €310,000 listing suggests a 5% gap, indicating a valuation consistent with current market conditions. Given the property’s appealing 4% gross yield and the proximity to tourist attractions, it offers potential as a short-term vacation rental in a tourism-driven area. Buy-and-hold This property stands at a fair valuation with a listing price of €310,000 against a fair value of €326,471, providing a stable investment with a reasonable gross yield of 4%. Holding onto this asset in the Lagoa e Carvoeiro region could yield favorable long-term returns, supported by steady demand patterns in the Algarve. Family rental The apartment's listing price of €310,000 is aligned with its fair value of €326,471, indicating that it represents a fair investment in the family rental segment. With a commendable neighborhood quality score of 78/100, this property is positioned well to attract families looking for stable living options.
Economic downturn risk With an economic stability score of 75, there is a moderate risk that fluctuations could affect demand, potentially impacting tenant retention with a tenant stability score of 70.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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