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.
3-bedroom, 2-bathroom penthouse of 116 m², built in 2011, energy rating B. Located on rua Professor Jaime Aschemann Palhinha, São Gonçalo de Lagos parish, Lagos municipality, Faro district. Features include a balcony with a brick-and-stone barbecue and unobstructed Monchique mountain views, plus private underground parking and a lockable storage room.
The asking price of €449,990 is above the €407,000 fair value; the property is overpriced, with 9.6% downside versus the asking price. Rental yield. Estimated gross yield is 5% (~€1,875/month), before costs and vacancy.
The Transaction model uses real transaction data from 123 recorded sales in the parish of São Gonçalo de Lagos over the four quarters to Q2 2026. The Adjusted asking-price model is trained on current listings, with asking prices adjusted to sale level. Fair value combines these models in a weighted blend: 55% Transaction model and 45% Adjusted asking-price model. No conservative adjustments for area, non-living area composition or cost to cure apply to this property. The fair value is €407,000; the asking price is €449,990, so the asking price is above the fair value. The property is overpriced: the fair value is €42,990 (9.6%) below the asking price — 9.6% downside versus the asking price; confidence is high. Homes of this type usually sell about 8.0% below their asking price, so a fair asking price is €439,000; the asking price of €449,990 is €10,990 above it.
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 3-bedroom penthouse offers 116m² in São Gonçalo de Lagos, but its €449,990 asking price is above the €407,000 fair value, representing 9.6% downside versus the asking price. Its condition score of 76/100 is a positive consideration, while the neighbourhood score of 50/100 warrants caution; the 5% gross yield is also relevant to assessing value.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk Economic and tenant stability scores are both 50/100, indicating moderate stability and potential uncertainty for investment.
Grade AFindings: 0
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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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