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 apartment of 132 m² on the 1st floor, built in 1951, energy rating E. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. The property features herringbone hardwood floors and high ceilings, enhancing its architectural charm and providing a spacious feel throughout the main living areas.
The asking price of €790,000 is above the fair value of €423,000, indicating that the property is overpriced with a downside of 46.4% compared to the asking price. The estimated gross yield stands at 5.4%, adding context but not serving as a strategy recommendation.
The asking price is above the fair value. The fair value is determined using a Transaction model, based on real transaction data from São Gonçalo de Lagos, and an Adjusted asking-price model, reflecting current listings. Both models are combined in a weighted blend, giving equal importance to each. For this property, no conservative adjustments were applied. As a result, the property’s fair value is €423,000, which is €367,000 less than the asking price of €790,000. The confidence level in this valuation 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 carefully consider the significant gap between the asking price of €790,000 and the fair value of €423,000, reflecting a downside of 46.4% against the asking price. Additionally, while the property has a decent condition rating of 76/100, the location's score of 50/100 indicates a mixed attractiveness for potential renters or buyers. Overall, the asking price positioning suggests a need for careful evaluation in light of the property’s valuation and neighborhood appeal.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The property has a low economic stability score of 50/100 and a tenant stability score of 50/100, which may lead to fluctuations in tenant demand and rental income stability.
Grade BFindings: 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 v4.1 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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