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 87 m² on the 1st floor, built in 2002, energy rating C. Located Luz parish, Lagos municipality, Faro district. The apartment boasts expansive outdoor terraces, totaling 20.60 m², perfect for entertaining while taking in the stunning sea views.
We do not show a fair-value estimate for this property yet: "Market reference data is out of date". The estimated gross yield is 3.8%.
We currently do not provide a fair value or verdict on the asking price for this property. "Market reference data is out of date." A fair value can be established using the Transaction model, which utilizes real transaction data in the area, or the Adjusted asking-price model, which is trained on current listings and adjusts asking prices to sale levels.
Gross yield 3.8% (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
Investors should consider the asking price of €490,000 for this 2-bed apartment in Luz, Lagos, against its condition rating of 75/100 and the neighborhood rating of 68/100. The property is located near Albufeira, a popular tourist destination in the Algarve, which is significant given the area's reliance on seasonal tourism. Market reference data is out of date.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic stability score of 65/100 and tenant stability score of 65/100 indicate potential vulnerabilities in securing steady income from the property due to mixed stability perceptions. Fair-value estimate risk The lack of a fair-value estimate poses a risk as "Market reference data is out of date."
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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