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. This property benefits from its strategic location within Elvas' historic center, enhancing its appeal for tourists seeking authentic local experiences, while also providing ample space for potential redevelopment.
The valuation. The asking price of €210,000 is significantly above fair value, which is estimated at €62,475, indicating an excess of €147,525 (70.3%). This property is overpriced according to current market conditions.
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 €261,500 (€1,046/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.
Neighbourhood score 46/100 (Housing Market 40 · Amenities 50 · Economic 35 · Tenant Quality 55). Softer demand indicators apply a discount to baseline.
rua da Caldeirona, 21
Area baseline €261,500 + 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.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Caldeirona, 21 | Subject | €210,000 | €840 | — | 45 | 46 |
| Caia, São Pedro e Alcáçova · 8d9fd0 | Active | €80,000 | €976 | 16.1% | 55 | 32 |
| rua de João de Olivença, 25 | Active | €70,000 | €667 | 20.6% | 50 | 45 |
| rua Sá da Bandeira, 52 | Active | €195,000 | €780 | 7.1% | 35 | 46 |
| rua da Cadeia | Active | €185,000 | €642 | 23.5% | — | 49 |
| Median comp | €132,500 | €724 | 13.9% | 50 | 46 |
Long-term rental The property in Caia is overpriced at €210,000 compared to a fair value of €62,475, resulting in a significant gap of 70.3%. Given its 0% gross yield and a condition rating of 51/100, it lacks the fundamentals required for a successful long-term rental investment. Family rental With a dismal yield and a neighborhood rating of 46/100, the property does not support the viability of a family rental strategy despite its location. Additionally, the high asking price of €210,000 is not aligned with the fair value, indicating that potential returns would not justify the investment in this market context.
Economic Volatility Risk The property's economic stability score of 35/100 indicates a high level of potential market instability, which may lead to reduced demand and high turnover rates for tenants with a tenant stability score of only 55/100.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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