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 80 m² on the 1st floor, energy rating C. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. This first-floor apartment features a spacious entrance hall that enhances the overall flow and accessibility of the living space, important in a central location close to amenities.
The asking price of €295,000 is below our assessed fair value of €308,000, which gives a potential upside of €13,000 or 4.5%. Confidence in this fair value assessment is medium.
The fair value of this property is determined using two primary models: the Transaction model, which relies on real transaction data from São Gonçalo de Lagos, accounting for 55% of the final value, and the Adjusted asking-price model, based on current listings, contributing 45%. No conservative adjustments were necessary for this property. The combination of these models results in a fair value of €308,000. In comparison, the asking price is €295,000, indicating the asking price is in line with the fair value, reflecting a 4.5% upside from it. Confidence in this assessment is medium.
Gross yield 4.7% (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
This 2-bed apartment in São Gonçalo de Lagos is priced at €295,000, which is in line with the fair value of €308,000, indicating a slight upside of 4.5%. The medium confidence level suggests that while the location and condition are adequate, potential investors should carefully consider the property’s condition score of 67/100 and neighborhood score of 50/100 before proceeding further.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The property presents a low economic stability score of 50/100 and a tenant stability score of 50/100, indicating potential challenges in securing a reliable rental income stream due to economic fluctuations and tenant turnover. Fair value certainty risk The valuation of €308,000 is noted to have medium confidence and is affected by a municipality reference under scrutiny against INE, alongside the absence of micro-location transaction data for this address, which could lead to uncertainties in market value assessments.
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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