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, 2-bathroom mix_use_building of 82 m². Located Caia, São Pedro e Alcáçova parish, Elvas municipality, Portalegre district. Noteworthy Features: Located adjacent to the historic castle, this property offers panoramic views of the Fort of Graça, enhancing its appeal for potential residential or investment projects.
The valuation. The asking price of €80,000 is significantly above the fair value of €21,127, with a difference of €58,873 (73.6%), indicating the property is overpriced. This discrepancy raises concerns about the investment's potential profitability.
Fair value modelled at €21,127 from the area baseline, adjusted for condition and location. Asking €80,000 sits €58,873 (73.6%) above — overpriced versus fair value.
Asking €80,000 versus the Caia, São Pedro e Alcáçova, Elvas, Portalegre area baseline of €52,726 (€643/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 53/100 (Condition 55 · Materials 50 · Room dimensions 57). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 32/100 (Housing Market 30 · Amenities 30 · Economic 25 · Tenant Quality 40). Softer demand indicators apply a discount to baseline.
Caia, São Pedro e Alcáçova, Elvas, Portalegre
Area baseline €52,726 + condition -€27,803 + location -€3,796 = modelled fair value of €21,127 (€258/m²), a €58,873 (73.6%) gap versus the €80,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Caia, São Pedro e Alcáçova · 8d9fd0 | Subject | €80,000 | €976 | — | 55 | 32 |
| rua da Caldeirona, 21 | Active | €210,000 | €840 | 13.9% | 45 | 46 |
| Assunção, Ajuda, Salvador e Santo Ildefonso · a31283 | Active | €350,000 | €1,014 | 4.0% | 65 | 40 |
| rua Sá da Bandeira, 52 | Active | €195,000 | €780 | 20.0% | 35 | 46 |
| rua de João de Olivença, 25 | Active | €70,000 | €667 | 31.7% | 50 | 45 |
| Median comp | €202,500 | €810 | 17.0% | 48 | 46 |
Family rental While the potential demand for family rentals is present in Caia due to its rural setting, the significant gap of 73.6% from fair value indicates that this property is overpriced, limiting its attractiveness to prospective tenants. With a gross yield of 0% and a low neighborhood rating of 32/100, the investment risks becoming financially burdensome rather than profitable. Long-term rental The property’s substantial overvaluation at €80,000 suggests that long-term rental opportunities will be deeply affected, preventing a sustainable return on investment. Coupled with a lack of local economic diversity and below-average conditions rating of 53/100, the prospects for a successful long-term rental strategy appear bleak.
High Vacancy Risk With an economic stability score of 25/100 and tenant stability score of 40/100, there is a significant risk of high vacancy rates which may impact cash flow negatively.
