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.
3-bedroom, 2-bathroom apartment of 203 m² on the 3rd floor, built in 2010, energy rating C. Located on largo da República, São Gonçalo de Lagos parish, Lagos municipality, Faro district. This third-floor corner apartment features expansive balconies with seamless access from multiple rooms, creating a bright and airy atmosphere while providing stunning sea views and outdoor dining options.
The asking price is above the fair value: the fair value is €104,000 (15.4%) below the asking price. The estimated gross yield is 5.9% (~€3,319/month).
The asking price is above the fair value. The fair value of this property is estimated at €571,000, derived from a Transaction model, based on 123 real transaction data in the São Gonçalo de Lagos area, and an Adjusted asking-price model that takes current listings into account. These models are combined through a weighted blend, with the Transaction model contributing 55% and the Adjusted asking-price model 45%. Since no conservative adjustments were applied, the asking price of €675,000 exceeds the fair value by €104,000, indicating a 15.4% downside against the asking price. The confidence level in this estimation is high.
Gross yield 6% (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
This 3-bedroom apartment in São Gonçalo de Lagos is currently listed at €675,000, which is above its fair value of €571,000, representing a notable 15.4% downside versus the asking price. While the property is situated in a location with moderate economic diversity and a score of 71/100 for the neighborhood, its condition rating of 78/100 suggests an established quality, yet the price may not align with its perceived value. Investors should carefully consider the discrepancies between the asking price and the fair value before proceeding.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and Tenant Stability Risk The economic and tenant stability scores of 65 suggest moderate vulnerability to market fluctuations, indicating potential for future instability in rental demand or occupancy rates.
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.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
