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 89 m² on the 5th floor, built in 1984. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. This apartment features a spacious balcony offering unobstructed city views, enhancing its appeal as a bright, communal space for relaxation or entertaining guests.
The asking price of €285,000 is above our assessed fair value of €251,000, indicating that the property is overpriced. Confidence in this fair value is low. Estimated gross yield stands at 5.9%, which equates to approximately €1,401 per month.
The fair value of this property is determined using a combination of the Transaction model and the Adjusted asking-price model. The Transaction model, which accounts for 55% of the overall valuation, relies on real transaction data from São Gonçalo de Lagos, based on 303 recorded sales. The Adjusted asking-price model, making up 45% of the fair value, is trained on current listings with necessary adjustments. These models incorporated conservative adjustments for specific factors, leading to a fair value of €251,000, showing a confidence level of low. The asking price is above the fair value; the asking price is €285,000, reflecting a €34,000 (11.9%) downside versus the asking price.
Gross yield 5.9% (before costs)
No specific strategy stands out for this property.
Investors should consider that the asking price of €285,000 is above the fair value of €251,000, indicating a downside of 11.9%. The property's condition, rated at 67/100, reflects moderate upkeep, while its location score of 50/100 suggests a mixed neighborhood profile that could influence overall desirability and future investment potential.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The property has low economic stability and tenant stability scores of 50/100 each, indicating potential challenges in maintaining consistent occupancy and rental income.
Grade BFindings: 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.
Models 3.4.3 (Data quality v3 · Valuation v4.2 · Strategy v3.1)
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
