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.
3-bedroom, 2-bathroom apartment of 146 m² on the 1st floor, built in 2009, energy rating B. Located on rua Abel Figueiredo Luis, São Gonçalo de Lagos parish, Lagos municipality, Faro district. This apartment offers an inviting atmosphere with a fireplace in the spacious living room, as well as high-quality wood-paneled ceilings that enhance the aesthetic appeal.
The asking price of €449,900 is below our fair value estimate of €471,000, indicating that the property is in line with its fair value, though confidence in this fair value is medium. The estimated gross yield stands at 5.4%.
The fair value of this property is established using a combination of two models: the Transaction model, which relies on real transaction data from 123 recorded sales in the parish of São Gonçalo de Lagos, and the Adjusted asking-price model, based on current listings. These models are blended with a weighting of 55% for the Transaction model and 45% for the Adjusted asking-price model. Importantly, no conservative adjustments have been applied to this property. The result indicates that the asking price is in line with the fair value, reflecting a 4.6% upside. Overall, confidence in this evaluation is considered medium.
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
The asking price of €449,900 is below the fair value of €471,000, indicating a potential moderate appreciation of 4.6%. While the condition of the property is rated 76 out of 100, suggesting it is in good shape, the neighborhood score of 50 out of 100 points to mixed prospects for future desirability. Investors should consider these factors carefully in the context of the overall market.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic and tenant stability scores both stand at 50/100, indicating a potential risk of instability that could affect rental income and occupancy rates negatively. Fair value uncertainty risk The property is valued at a fair value of €471,000 with medium confidence, reflecting uncertainty due to the municipality being on watch against INE and a lack of transaction micro-location data.
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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