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 2064 m². Located on travessa do Teatro, União das Freguesias da Sé e São Lourenço parish, Portalegre municipality, Portalegre district. Noteworthy Features: The property boasts historic architectural details including original frescoed ceilings and multiple ornate balconies, but requires immediate restoration to preserve its cultural heritage.
The valuation. The asking price of €375,000 is significantly below the fair value of €598,363, resulting in an underpricing of €223,363 (59.6%). This presents a compelling investment opportunity for discerning buyers.
Fair value modelled at €598,363 from the area baseline, adjusted for condition and location. Asking €375,000 sits €223,363 (59.6%) below — the upside to fair value.
Asking €375,000 versus the travessa do Teatro area baseline of €2,210,544 (€1,071/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 28/100 (Condition 20 · Materials 30 · Room dimensions 40). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 38/100 (Housing Market 30 · Amenities 35 · Economic 35 · Tenant Quality 40). Softer demand indicators apply a discount to baseline.
travessa do Teatro
Area baseline €2,210,544 + condition -€1,506,075 + location -€106,106 = modelled fair value of €598,363 (€290/m²), a €223,363 (59.6%) gap versus the €375,000 asking price.
Value-add renovation The property presents a significant opportunity for value-add renovation with a fair value of €598,363 versus a listing price of €375,000, indicating a 59.6% gap that suggests potential for increased returns. With a current condition rating of 28/100, strategic updates could dramatically enhance its appeal and market value. Long-term rental Given its underpriced status, the property could serve as a compelling long-term rental investment, particularly in a less populated area where tenant quality remains a consideration. The absence of immediate economic amenities may hinder gross yield but offers potential for future appreciation as renovations improve the property and local attractions develop.
Low Tenant Stability The tenant stability score of 40/100 indicates a significant risk of tenant turnover, which can lead to increased vacancy rates and reduced rental income.
