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 99 m², built in 1999, energy rating B. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. The apartment boasts a semi-covered terrace shaped like a ship's bow, providing a unique outdoor space to enjoy sea views and the gentle coastal breeze.
The asking price of €395,000 is significantly above the fair value of €291,000, indicating that the property is overpriced with a gap of €104,000; this represents a 26.4% downside versus the asking price. The estimated gross yield is 5.8% (~€1,909/month).
The property's fair value is established using a combination of two models. The Transaction model relies on real transaction data from São Gonçalo de Lagos, weighting 50% of the final assessment, while the Adjusted asking-price model also accounts for current listings, making up the remaining 50%. This blend incorporates conservative adjustments based on area and other property specifics. The calculated fair value is €291,000, indicating that the asking price is above the fair value, with a significant gap of €104,000. High confidence is placed in this valuation due to the robust data used.
Gross yield 5.8% (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
This property is currently listed at €395,000, which is significantly above its fair value of €291,000, indicating a downside of 26.4%. While the apartment's condition is rated moderately at 75, and the location's score is considerably lower at 50, investors should critically consider these factors against the elevated asking price before proceeding.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The property is located in a municipality that is on watch against INE, combined with both economic and tenant stability scores at 50/100, indicating a potential instability in the rental market.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
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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.
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