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 93 m² on the 1st floor, built in 2001, energy rating C. Located São Gonçalo de Lagos parish, Lagos municipality, Faro district. The apartment features direct terrace access with a pleasant view of the communal pool, creating an inviting outdoor relaxation space in a desirable Lagos location.
The asking price is set at €400,000, which is above the fair value of €337,000, indicating a 15.6% downside compared to the asking price. Confidence in this fair value is medium.
The asking price is above the fair value. The fair value is determined using a Transaction model, which relies on real transaction data from 518 recorded sales in São Gonçalo de Lagos, and an Adjusted asking-price model based on current listings. These models are combined in a weighted blend, giving equal importance to both (50% each). No conservative adjustments were necessary for this property. As a result, the fair value is €337,000, showing that the asking price of €400,000 is 15.6% higher than this value, indicating a medium level of confidence in this analysis.
Gross yield 4.9% (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 asking price of €400,000 is above the fair value of €337,000, indicating a 15.6% downside versus the asking price, which suggests that the property may not offer optimal value for investors. While the condition of the apartment scores 78 out of 100, pointing to a decent state, the neighborhood receives a lower score of 50, which may present a concern for potential appreciation in the future. Given these factors, investors should carefully consider the price, condition, and location before making a decision.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The property has low economic and tenant stability scores of 50/100, which indicates a potential risk of fluctuating rental income and difficulties in maintaining consistent occupancy rates. Fair value certainty risk The fair value is assessed at €337,000 with medium confidence, suggesting that the property valuation may not be entirely reliable due to the lack of transaction micro-location data and the local municipality being on watch against INE.
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 v4.1 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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