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, 2-bathroom apartment of 134 m², energy rating C. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. This apartment features a generous balcony offering unobstructed city views, ideal for outdoor entertaining and relaxing while enjoying the pleasant climate of Lagos.
The asking price of €460,000 is above the fair value of €434,000, indicating that the price is overpriced with a downside of €26,000; this reflects a 5.8% decline versus the asking price. The estimated gross yield is 5.4%.
The asking price is above the fair value. The fair value was determined using a combination of the Transaction model, which accounted for 55% based on 303 recorded sales in São Gonçalo de Lagos, and the Adjusted asking-price model at 45%, which uses current listing prices adjusted to sale level. No conservative adjustments were applied to this property. As a result, the fair value is €434,000, indicating that the asking price of €460,000 is higher by €26,000, reflecting a 5.8% downside compared to the asking price. Confidence in this assessment is high.
Gross yield 5.4% (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 consider that the asking price of €460,000 exceeds the fair value of €434,000, indicating a 5.8% downside versus the asking price. Additionally, the property is in average condition with a score of 72/100, and the neighborhood scores 50/100, suggesting that location and condition may not justify the premium pricing. Overall, the higher asking price relative to its assessed value may necessitate further scrutiny before investment decisions are made.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The combined economic stability score of 50/100 and tenant stability score of 50/100 suggests significant uncertainties in both the local economy and tenant reliability, potentially impacting rental income and property value.
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 v4.2 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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