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, 4-bathroom mix_use_building of 250 m², built in 1986, energy rating D. Located on rua da Caldeirona, 21, Caia, São Pedro e Alcáçova parish, Elvas municipality, Portalegre district. Noteworthy Features: The property’s historic center location implies eligibility for tourist rental licenses, enhancing its investment appeal. Additionally, its existing layout accommodates easy conversion into larger rental units if desired.
The valuation. The asking price of €210,000 significantly exceeds the fair value of €75,513, representing an overvaluation of €134,487 (64.0%). This property is not a viable investment given its marked difference from fair market pricing.
Fair value modelled at €62,475 from the area baseline, adjusted for condition and location. Asking €210,000 sits €147,525 (70.3%) above — overpriced versus fair value.
Asking €210,000 versus the rua da Caldeirona, 21 area baseline of €160,750 (€643/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 51/100 (Condition 45 · Materials 50 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 46/100 (Housing Market 40 · Amenities 50 · Economic 35 · Tenant Quality 55). Softer demand indicators apply a discount to baseline. Full location report →
rua da Caldeirona, 21
Area baseline €160,750 + condition -€95,703 + location -€2,572 = modelled fair value of €62,475 (€250/m²), a €147,525 (70.3%) gap versus the €210,000 asking price.
Long-term rental The property at €210,000 is significantly overpriced compared to its fair value of €75,513, indicating a 64% gap that undermines any potential for stable long-term returns. With a gross yield of 0% and a condition rating of 51/100, this investment lacks the fundamental qualities needed to attract reliable tenants in a rural market. Family rental Given the property's current valuation and the neighborhood ratings of 46/100, it may struggle to attract family renters seeking quality living conditions and amenities. The significant gap from fair value suggests that investing in this property for family rental would yield overpaid asset risks with little likelihood of acceptable returns.
Low Economic Stability Risk The low economic stability score of 35/100 suggests a potential for decreased demand and higher vacancy rates, threatening long-term investment returns.
