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.
4-bedroom, 2-bathroom villa of 146 m², built in 1987, energy rating D. Located on rua do Rossio, Luz parish, Lagos municipality, Faro district. This villa features a converted garage into an additional living and dining room, enhancing its entertaining potential.
The asking price of €559,000 sits €13,000 above our fair value of €546,000, resulting in a 2.4% downside versus the asking price, indicating that the asking price is somewhat elevated. The confidence in this fair value is low.
The fair value of this property is established using a blend of two models: the Transaction model, which factors in 150 real transaction data points from the parish of Luz, accounting for 65% of the final estimate, and the Adjusted asking-price model at 35%, based on current listings. No conservative adjustments have been applied to this property. The fair value concludes at €546,000, indicating that the asking price of €559,000 is in line with the fair value, representing a 2.4% downside. Overall, confidence in this assessment is low due to the variability in micro-location transaction data.
Gross yield 3.6% (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 €559,000, which is slightly above the fair value of €546,000, indicating a 2.4% downside. The property's condition is rated at 77/100, suggesting it is in good shape, while its neighbourhood score of 50/100 reflects a mixed environment. Given these factors, caution is advised when evaluating the potential for value appreciation.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic stability score of 50/100 and tenant stability score of 50/100 indicate a risk of insufficient demand and tenant turnover for the property. Data quality risk The data-quality findings suggest significant inaccuracies, with an implausible area and conflicting property listings, which undermine confidence in the information provided. Fair value certainty risk The low confidence surrounding the fair value of €546,000, coupled with differing estimates that exceed acceptable tolerance levels, indicates considerable uncertainty regarding the property's true market value.
Findings: 3
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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