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.
0-bedroom, 1-bathroom mix_use_building of 60 m², built in 1974. Located on rua do Espírito Santo, Assunção, Ajuda, Salvador e Santo Ildefonso parish, Elvas municipality, Portalegre district. Noteworthy Feature: The property is located in a UNESCO World Heritage site, offering significant historical context and potential for cultural tourism. Appeal: Its proximity to the Aqueduct of Amoreira enhances its investment allure.
The valuation. The asking price of €42,000 is significantly above the fair value of €3,655, indicating the property is overpriced by €38,345 (91.3%). This discrepancy suggests the property has not been assessed accurately. Buy-to-flip angle. A resale strategy would require extensive renovations to improve its condition, potentially allowing for a higher sale price in the rural Alentejo market, despite the current low-grade finishes. Buy-to-let angle. Given the gross yield of 0%, the potential for rental income appears minimal without significant investment in value-added renovations and maintaining better property standards in this mixed neighborhood.
Fair value modelled at €3,655 from the area baseline, adjusted for condition and location. Asking €42,000 sits €38,345 (91.3%) above — overpriced versus fair value.
Asking €42,000 versus the rua do Espírito Santo area baseline of €59,460 (€991/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 12/100 (Condition 10 · Materials 8 · Room dimensions 20). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 44/100 (Housing Market 35 · Amenities 50 · Economic 40 · Tenant Quality 50). Softer demand indicators apply a discount to baseline.
rua do Espírito Santo
Area baseline €59,460 + condition -€59,063 + location -€1,542 = modelled fair value of €3,655 (€61/m²), a €38,345 (91.3%) gap versus the €42,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Espírito Santo | Subject | €42,000 | €700 | — | — | 44 |
| rua Sá da Bandeira, 52 | Active | €195,000 | €780 | 11.4% | 35 | 46 |
| rua de João de Olivença, 25 | Active | €70,000 | €667 | 4.8% | 50 | 45 |
| Caia, São Pedro e Alcáçova · 8d9fd0 | Active | €80,000 | €976 | 39.4% | 55 | 32 |
| rua da Caldeirona, 21 | Active | €210,000 | €840 | 20.0% | 45 | 46 |
| Median comp | €137,500 | €810 | 15.7% | 48 | 46 |
Long-term rental This property is not suitable for long-term rental due to its significant overvaluation and 0% gross yield, making it an impractical investment. With a fair value of €3,655, the 91.3% gap highlights its unlikeliness to generate sustainable rental income. Buy-and-hold The buy-and-hold strategy is not advisable as this property is overpriced with a fair value of only €3,655, indicating a poor investment opportunity. Given the low condition rating of 12/100 and the 91.3% gap from fair value, it's unlikely to appreciate in value over time. Value-add renovation While value-add renovations typically improve a property's potential, this particular investment is rendered unattractive due to its significant overpricing and low condition score of 12/100. Without substantial initial value or a viable path to profitability, the 91.3% gap from fair value represents a considerable risk.
Low Economic and Tenant Stability Risk The economic stability score of 40 and tenant stability score of 50 indicate a potential risk of decreased rental demand and tenant turnover, which could impact cash flow negatively.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
