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, 1-bathroom apartment of 82 m², energy rating E. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. The apartment's 1st floor position provides a sunroom that increases natural light, enhancing the overall ambiance despite ongoing renovations and notable maintenance discrepancies.
The asking price is €300,000, which is 15.2% above our fair value estimate of €255,000; confidence in this fair value is medium. The estimated gross yield is 5.5%.
The fair value of this property is determined using a combination of the Transaction model and the Adjusted asking-price model. The Transaction model uses real transaction data from 303 sales in São Gonçalo de Lagos, accounting for 55% of our analysis. The Adjusted asking-price model uses current listings, contributing 45%. We made conservative adjustments for curative works where applicable, resulting in a fair value of €255,000, which is 15.2% below the asking price of €300,000. Therefore, the asking price is above the fair value.
Gross yield 5.5% (before costs)
No specific strategy stands out for this property.
Negotiation room: Negotiation context: asking prices in this municipality run about 24% above what similar homes actually sell for, so there is usually room to negotiate
The asking price of €300,000 is above the fair value of €255,000, indicating a 15.2% downside versus the asking price. While the property is situated in a coastal area of Algarve known for high tourist influx, its condition is rated at 44 out of 100, which suggests potential issues. Investors should carefully evaluate the balance of price versus value in this context.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The property has an economic stability score of 65/100, indicating a moderate risk of economic fluctuations that could affect tenant retention and rental income stability. Fair value certainty risk The property's fair value is estimated at €255,000 with medium confidence, and there are caveats such as the municipality being on watch against INE and a significant discrepancy between two estimates, raising concerns about its actual market value certainty.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
No confirmed issues.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
Models 3.4.3 (Data quality v3 · Valuation v4.1 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Sign in to buy the report or use a credit
