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.
1-bedroom, 1-bathroom apartment of 48 m² on the 3rd floor, energy rating D. Located on rua da Extrema, 18, São Gonçalo de Lagos parish, Lagos municipality, Faro district. This apartment features a modern, renovated bathroom with high-quality marble-effect tiles and a stylish glass enclosure, enhancing its overall aesthetic appeal.
The asking price of €370,000 significantly exceeds our fair value estimate of €232,000, indicating the property is overpriced with a gap of €138,000; a downside of 37.4% versus the asking price. The estimated gross yield is approximately 4%.
The asking price is above the fair value. This property's fair value is calculated using a Transaction model, which weighs 50% based on 518 real transaction data from São Gonçalo de Lagos, combined with an Adjusted asking-price model, also at 50%. No conservative adjustments were applied. The result shows that the fair value is €232,000, while the asking price is €370,000. This reflects a 37.4% downside with high confidence in the assessment.
Gross yield 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
The property is currently listed at €370,000, which is significantly above its fair value of €232,000, indicating a substantial downside of 37.4% compared to the asking price. This disparity suggests that an investor should carefully consider whether the current condition, scoring 75/100, and the location rating of 50/100 align with their valuation expectations before proceeding with any investment decisions.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The property faces a potential risk due to its low economic stability score of 50/100 and a tenant stability score of 50/100, indicating possible fluctuations and uncertainty in rental income.
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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