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: The property benefits from a prime location adjacent to Elvas Castle, providing panoramic views of the Fort of Graça and easy access to cultural landmarks.
The valuation. The asking price of €80,000 is significantly above the fair value of €23,273, representing an overpricing of €56,727 (70.9%). This property does not offer a compelling investment opportunity based on current valuations.
Fair value modelled at €23,273 from the area baseline, adjusted for condition and location. Asking €80,000 sits €56,727 (70.9%) above — overpriced versus fair value.
Asking €80,000 versus the Caia, São Pedro e Alcáçova, Elvas, Portalegre area baseline of €85,772 (€1,046/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 53/100 (Condition 55 · Materials 52 · Room dimensions 55). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 44/100 (Housing Market 38 · Amenities 42 · Economic 35 · Tenant Quality 55). Softer demand indicators apply a discount to baseline.
Caia, São Pedro e Alcáçova, Elvas, Portalegre
Area baseline €85,772 + condition -€28,188 + location -€1,265 = modelled fair value of €23,273 (€284/m²), a €56,727 (70.9%) gap versus the €80,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Caia, São Pedro e Alcáçova · 603331 | Subject | €80,000 | €976 | — | 55 | 44 |
| 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 |
Long-term rental The property’s current listing price of €80,000 significantly exceeds its fair value of €23,273, indicating that it is overpriced and presents a diminishing yield prospect of 0%. Given the low neighborhood ratings of 44/100 and a subpar condition score of 53/100, the long-term rental strategy may yield more risks than rewards. Buy-and-hold Considering the substantial 70.9% gap from fair value, investing in this property under a buy-and-hold strategy is likely to be unfavorable as it remains overpriced at €80,000. The property’s location in a predominantly agricultural rural area, combined with a poor yield and low ratings, suggests that the long-term appreciation potential is limited, making this investment unappealing.
Low economic stability risk The property's low economic stability score of 35/100 indicates a weak economic environment, which could lead to higher vacancy rates and decreased rental income.
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