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 apartment of 109 m², energy rating C. Located on rua Bartolomeu Perestrelo, São Gonçalo de Lagos parish, Lagos municipality, Faro district. The apartment features a climate-controlled wine cellar and extensive use of glass sliding doors, enhancing its sleek, modern aesthetic and seamless indoor-outdoor integration.
The asking price of €895,000 significantly exceeds our assessed fair value of €479,000, indicating a material gap of €416,000; confidence in this fair value is low. The estimated gross yield is 4.3%.
The asking price is above the fair value. The fair value was calculated using a weighted blend of the Transaction model, which relies on real transaction data from 518 recorded sales in São Gonçalo de Lagos, and the Adjusted asking-price model based on current listings. In this case, no conservative adjustments were necessary since none applied to the property. With a fair value of €479,000, the asking price of €895,000 indicates a gap of €416,000, reflecting a 46.5% downside compared to the asking price. This analysis is based on low confidence given the limitations in micro-location transaction data.
Gross yield 4.3% (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 €895,000 significantly exceeds the fair value of €479,000, indicating a 46.5% downside versus the asking price. While the condition of the property is rated at 82/100 and it is located in a tourist-oriented area of the Algarve with low crime rates, the substantial difference between price and value raises concerns regarding the property’s actual market appeal. Investors should carefully consider whether the current asking price aligns with their expectations and market trends.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The property has economic stability and tenant stability scores of 70/100 and 75/100, respectively, indicating a moderate risk of fluctuations in tenant retention and economic conditions affecting rental income. Fair value certainty risk The property's fair value is assessed at €479,000 with low confidence due to the municipality reference being on watch against INE and differing estimates exceeding the tolerance, indicating a significant risk in establishing the reliability of this valuation.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
No confirmed issues.
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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.
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