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 133 m², built in 1987, energy rating B. Located Luz parish, Lagos municipality, Faro district. The spacious south-facing balcony offers stunning views and superb sun exposure, perfect for enjoying meals outdoors or relaxing while soaking in the coastal scenery.
The asking price of €525,000 is above the fair value of €483,000, indicating a downside of 8.1% relative to the asking price. Confidence in this fair value assessment is low. Estimated gross yield stands at 4.7%, providing context prior to costs and vacancy.
The fair value of this property is based on a combination of two models: the Transaction model, which relies on real transaction data from 208 recorded sales in Luz, and the Adjusted asking-price model, which adjusts current asking prices to reflect actual sale levels. These models are equally weighted, with the Transaction model and the Adjusted asking-price model each accounting for 50% of the final estimate. There were no conservative adjustments applied to this property. As a result, the fair value is estimated at €483,000, indicating that the asking price is above the fair value by €42,000, which represents an 8.1% downside versus the asking price. Confidence in this valuation is low.
Gross yield 4.7% (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 that the asking price of €525,000 is above the fair value of €483,000, indicating a downside of 8.1% relative to the asking price. Additionally, while the apartment is of decent condition with a score of 75 out of 100, the neighborhood rating of 50 out of 100 suggests potential concerns regarding the location. This discrepancy between price and value, along with the neighborhood evaluation, warrants careful scrutiny.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic stability score is 50/100 and the tenant stability score is also 50/100, indicating potential challenges in maintaining consistent occupancy and income from tenants. Fair value certainty risk The fair value is set at €483,000, but with low confidence due to missing micro-location transaction data and significant differences in estimates, leading to uncertainty regarding the property’s true market value.
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.
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.
Log in to buy the report or use a credit
