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, 1-bathroom house of 90 m², built in 1935, energy rating C. Located on rua do Monte Molião, 6, São Gonçalo de Lagos parish, Lagos municipality, Faro district. The property features a diverse flooring selection, including hardwood and carpet, alongside distinctive, vintage kitchen and bathroom color schemes that reflect a bygone design era.
The asking price of €350,000 is above the fair value of €266,000, indicating a downside of 24.0% compared to the asking price. The estimated gross yield is 5.1%.
The asking price is above the fair value. The fair value is determined using a mix of two models: the Transaction model, based on real transaction data from São Gonçalo de Lagos, which accounts for 70%, and the Adjusted asking-price model that adjusts current listings for sale conditions, contributing 30%. This blend incorporates conservative adjustments, including estimated costs for necessary renovations, resulting in a fair value of €266,000. Thus, the asking price of €350,000 is 24.0% higher than this fair value, indicating a notable gap. The confidence level in this assessment is high.
Gross yield 5.1% (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
The asking price of €350,000 is significantly above the fair value of €266,000, representing a 24.0% downside versus the asking price. Additionally, the property's condition score of 66/100 and neighborhood score of 50/100 suggest potential concerns regarding its current state and location desirability. Investors should carefully consider these factors before proceeding, as the price is not reflective of the potential value in relation to the property condition and area.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk With both economic and tenant stability scores at 50/100, there is a significant risk of fluctuating rental income and potential vacancies, impacting investment returns.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
No confirmed issues.
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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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