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, 0-bathroom mix_use_building of 288 m², energy rating C. Located on rua da Cadeia, Caia, São Pedro e Alcáçova parish, Elvas municipality, Portalegre district. This property features a spacious terrace and balcony, providing rare outdoor spaces that enhance its value and market appeal in the historic center of Elvas.
The valuation. The asking price of €185,000 is significantly above the fair value of €-153,057, representing an increase of €338,057 or 182.7%. This property is deemed overpriced in the current market.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Cadeia | Subject | €185,000 | €642 | — | — | 49 |
| rua de João de Olivença, 25 | Active | €70,000 | €667 | 3.8% | 50 | 45 |
| rua Sá da Bandeira, 52 | Active | €195,000 | €780 | 21.4% | 35 | 46 |
| Assunção, Ajuda, Salvador e Santo Ildefonso · a31283 | Active | €350,000 | €1,014 | 57.9% | 65 | 40 |
| Caia, São Pedro e Alcáçova · 8d9fd0 | Active | €80,000 | €976 | 51.9% | 55 | 32 |
| Median comp | €137,500 | €878 | 36.7% | 53 | 43 |
Long-term rental The property is ill-suited for long-term rental given its 0% gross yield, indicating there will be no income generation. Additionally, with a fair value considerably lower than the asking price, this property is overpriced compared to potential returns in a rural market with limited housing demand. Value-add renovation Despite the potential for value-add renovations, the current condition score of 0/100 suggests significant investment is needed before generating any positive returns. As it stands, the property is overpriced and may not justify the costs required to bring it to a marketable state in a low-demand area. Family rental Utilizing the property for family rental is also not advisable due to its lack of appeal and reputation in a neighborhood with a score of 49/100. Furthermore, the property is overpriced, as it does not align with the available housing demand in this rural context, making it a less compelling option for families looking for rental properties.
High Risk of Tenant Turnover The low tenant stability score of 55/100 suggests a significant likelihood of frequent tenant changes, which can result in increased vacancy rates and associated costs.
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