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, 1-bathroom house of 127 m², energy rating D. Located Ourique parish, Ourique municipality, Beja district. Highlights: This property features a freshly maintained exterior and a carport, along with an automatic gate for added convenience and privacy in a tranquil village setting. Condition: Excellent condition, showcasing quality materials and minimal wear throughout.
The valuation. The asking price of €165,000 is significantly below fair value at €270,798, reflecting an undervaluation of €105,798 or 39.1%. This presents a strong investment opportunity. Buy-to-flip angle. The property can be resold using a flip strategy to capitalize on renovations, potentially maximizing profit upon resale in a mixed neighborhood. Buy-to-let angle. A buy-to-let approach would involve taking advantage of the family rental market, with a projected rental yield benefiting from stable local tourism and agriculture.
Fair value modelled at €270,798 from 6 comparable sales in the area. Asking €165,000 sits €105,798 (39.1%) below — the upside to fair value.
Asking €165,000 versus the Ourique, Ourique, Beja area baseline of €230,171 (€1,812/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €230,171, adjusted for condition and micro-location, gives a modelled fair value of €270,798 (€2,132/m²), a €105,798 (39.1%) gap versus the €165,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ourique · f10cdb | Subject | €165,000 | €1,299 | — | 78 | 41 |
| Cercal · 4bbd74 | Active | €375,000 | €2,315 | 78.2% | 70 | 48 |
| Salir · 23f44e | Active | €395,000 | €4,938 | 280.0% | 73 | 62 |
| avenida Manuel Joaquim Pereira, 73 | Active | €395,000 | €1,927 | 48.3% | 75 | 42 |
| rua de Santa Justa | Active | €335,000 | €1,419 | 9.3% | 75 | 54 |
| Median comp | €385,000 | €2,121 | 63.3% | 74 | 51 |
Long-term rental This property in Ourique represents a significant opportunity for long-term rental investors, given its fair value of €270,798 compared to the listing price of €165,000 and a substantial gap of 39.1%. Although the yield is currently 0% and the neighbourhood scores only 41/100, the property’s pricing position suggests long-term value appreciation potential, especially in the context of local agricultural and tourism economies. Family rental The 3-bed house in Ourique is well-positioned as a family rental option, substantially underpriced at €165,000 versus its fair value of €270,798. While the neighbourhood's amenities and housing market conditions may not be ideal, families seeking affordable options in the Algarve's peripheral area could find this property appealing due to its competitive price point.
Economic Vulnerability The property's low economic stability score of 35/100 suggests a heightened risk of market fluctuations impacting rental income and property value. Tenant Instability With a tenant stability score of 45/100, there is an elevated likelihood of vacancies and tenant turnover, negatively affecting cash flow and investment returns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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