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.
3-bedroom, 3-bathroom country_house of 144 m², built in 2002, energy rating C. Located São Luís parish, Odemira municipality, Beja district. This property features expansive outdoor spaces perfect for gardening or recreational activities, along with traditional Alentejano architectural elements that enhance its rustic allure.
The valuation. The asking price of €620,000 sits significantly above the fair value of €460,848, resulting in a substantial premium of €159,152 (34.5%). The property is therefore considered overpriced.
Fair value modelled at €460,848 from 6 comparable sales in the area. Asking €620,000 sits €159,152 (34.5%) above — overpriced versus fair value.
São Luís, Odemira, Beja area median of €237,456 (€1,649/m²) for a property of this size — the starting reference point before comparable sales are factored in.
6 comparable sales in the area adjust the estimate by +€223,392 versus the parish baseline.
Parish baseline €237,456 +€223,392 comparables adjustment = modelled fair value of €460,848 (€3,200/m²), a €159,152 (34.5%) gap versus the €620,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Luís · 14407a | Subject | €620,000 | €4,306 | — | 68 | 56 |
| Cercal · 3a7225 | Active | €1,380,000 | €7,582 | 76.1% | 73 | 50 |
| Cercal · 5ed066 | Active | €389,700 | €2,581 | 40.1% | 72 | 48 |
| Cercal · 9375c5 | Active | €395,000 | €3,559 | 17.3% | — | 45 |
| rua do Barranco S / N | Active | €375,000 | €2,315 | 46.2% | 65 | 39 |
| Median comp | €392,350 | €3,070 | 28.7% | 72 | 47 |
Short-term vacation rental The property is overpriced by 34.5%, making it a poor investment for short-term vacation rentals where the dynamic nature of pricing typically aligns with fair market values. Additionally, the lack of amenities and the rural location in relation to the Algarve may limit potential demand from tourists. Buy-and-hold With a fair value of €460,848 compared to the listing price of €620,000, this property presents a significant overvaluation that makes it unappealing for long-term buy-and-hold strategies. The low yield of 0% gross and the condition rating of 70/100 further suggest it may not deliver the expected returns over time. Value-add renovation While value-add renovations can enhance property value, the current listing price of €620,000 indicates it is overpriced by 34.5%, limiting the potential return on investment after renovations. The neighborhood’s score of 56/100 suggests that even with improvements, the property may still suffer from factors that affect long-term desirability and market performance.
Economic Vulnerability The property has a low economic stability score of 45/100, indicating a significant risk tied to potential economic downturns that could affect rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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