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 161 m² on the 2nd floor, built in 2009, energy rating B. Located on parque do Moínho, São Gonçalo de Lagos parish, Lagos municipality, Faro district. The property includes a unique private rooftop terrace featuring 360° views over Lagos, ideal for outdoor gatherings or tranquil private relaxation.
The asking price of €570,000 sits slightly above our fair value estimate of €550,000, indicating a €20,000 downside versus the asking price, or a 3.4% decline. The estimated gross yield is 5.2%, providing some context for potential returns before costs and vacancy.
The property's fair value is determined using a combination of two models. The Transaction model, which is based on real transaction data from São Gonçalo de Lagos, accounts for 55% of the fair value, while the Adjusted asking-price model, trained on current listings, contributes 45%. In this case, no conservative adjustments were necessary. The resulting fair value is €550,000, which indicates a gap where the asking price is €570,000, representing a downside of 3.4% versus the asking price. Overall, the asking price is in line with the fair value, and confidence in this assessment is high.
Gross yield 5.2% (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 carefully consider the asking price of €570,000, which is 3.4% above the fair value of €550,000, indicating a potential downside in relation to market expectations. The property's condition is rated at 81/100, reflecting a good quality but not exceptional state, while the location score of 50/100 suggests a mixed appeal for long-term growth and tenant demand.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The property has low economic and tenant stability scores of 50/100, indicating potential challenges in maintaining stable rental income and securing reliable tenants. Data quality risk The listings for this property disagree, suggesting inconsistencies that may affect decision-making and investment assessments.
Grade DFindings: 1
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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