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 120 m², built in 2009, energy rating C. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. Nestled within the Belmar Spa & Beach Resort, this apartment features a west-facing balcony providing panoramic sea views of Porto de Mós beach, ideal for sunset enthusiasts.
The asking price is above the fair value, which is €450,000, indicating a downside of €200,000 or 30.8% against the asking price. The estimated gross yield stands at 4.8%.
The asking price is above the fair value. The fair value is determined using a weighted blend of the Transaction model, based on 518 recorded sales in the parish of São Gonçalo de Lagos, and the Adjusted asking-price model, reflecting current listings. No conservative adjustments were applied to this property. As a result, the fair value is €450,000, which highlights that the asking price of €650,000 exceeds this by €200,000, or 30.8% below it. The confidence in this valuation is high.
Gross yield 4.8% (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
Investors should carefully evaluate that the asking price of €650,000 is significantly above the fair value of €450,000, resulting in a downside of 30.8% versus the asking price. The property's condition is rated at 80/100, indicating it is in good shape, but the location scores only 50/100, suggesting potential challenges in the neighborhood. Taking these factors into account, the property appears overpriced compared to its fair market value, warranting further scrutiny before proceeding.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The property has both economic stability and tenant stability scores at 50/100, indicating a moderate risk due to potential fluctuations in rental demand and economic performance.
Grade AFindings: 0
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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.
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