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 house of 400 m², built in 2007, energy rating D. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. This property boasts an approved land development project, allowing for the addition of two new houses and the potential conversion of the garage into two independent apartments.
The asking price of €850,000 is significantly above our assessed fair value of €542,000, indicating a substantial discrepancy. Confidence in this fair value remains low, suggesting that the valuation may not be reliable.
The property's fair value is built through a combination of two models: the Transaction model, which uses real sales data from São Gonçalo de Lagos (119 sales in the past year) and the Adjusted asking-price model, based on current listings adjusted to sale conditions. These models are mixed with a weight of 65% for the Transaction model and 35% for the Adjusted asking-price model. No conservative adjustments were applied to this property, resulting in a fair value of €542,000. Given the asking price of €850,000, the asking price is above the fair value by €308,000, representing a 36.3% downside from the asking price, leading to a low confidence level.
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 €850,000 exceeds the fair value of €542,000 by 36.3%, indicating significant potential downside for an investor. Additionally, the property's condition is rated at 70/100, while the neighbourhood receives a lower score of 50/100, suggesting possible challenges in achieving prospective value appreciation. An investor should consider these factors carefully before making a decision.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic stability score is 50/100 and the tenant stability score is also 50/100, indicating a potentially unstable investment environment. Data quality risk The data quality check highlighted conflicts in the property listings and differing information from various sources, suggesting reliability issues in the information available. Fair value certainty risk The valuation is €542,000 with low confidence, as there are significant discrepancies in estimates and insufficient micro-location transaction data.
Grade FFindings: 2
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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