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 apartment of 76 m² on the 2nd floor, energy rating C. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. The apartment features extensive wooden cabinetry and a generous pantry in the kitchen, offering significant storage potential in its original state.
The asking price of €230,000 is slightly below the fair value of €232,000, reflecting a narrow gap of €2,000 with low confidence in this assessment. The estimated gross yield for this property is 5.6%.
The property's fair value is built using two main models: the Transaction model and the Adjusted asking-price model. The Transaction model relies on real transaction data from the parish of São Gonçalo de Lagos, using 303 recorded sales over the last year. The Adjusted asking-price model uses current listings, adjusting the prices to reflect realistic sale values. These two are combined in a weighted blend, with the Transaction model accounting for 55% and the Adjusted asking-price model for 45%. After making conservative adjustments for estimated works, the fair value has been determined to be €232,000, meaning that the asking price is in line with the fair value.
Gross yield 5.6% (before costs)
No specific strategy stands out for this property.
When considering this property, investors should weigh the asking price of €230,000 against the fair value of €232,000, noting a 1.0% upside potential. The apartment is housed in a location with a moderate neighborhood score of 50/100 and a reasonable condition score of 63/100, contributing to its overall assessment. However, the confidence level is low, suggesting caution in the investment decision due to the modest upside and condition metrics.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The property has a low economic stability score of 50/100 and a tenant stability score of 50/100, indicating potential difficulty in maintaining steady rental income and attracting reliable tenants. Fair value certainty risk The fair value is €232,000, but with a low confidence level and significant discrepancies between estimates, there is uncertainty regarding the accurate valuation of the property.
Grade AFindings: 0
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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