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.
4-bedroom, 4-bathroom house of 172 m², built in 2026. Located on rua de Odeceixe, 33, São Teotónio parish, Odemira municipality, Beja district. Unique feature: The property offers pre-installation for electric vehicle charging and thermal solar hot water production, enhancing energy efficiency and convenience for modern living. Location advantage: Just 7 km from Zambujeira do Mar beach, blending tranquility with coastal access.
The valuation. The asking price of €539,000 sits significantly below the fair value of €875,135, indicating a notable opportunity for investors. With a difference of €336,135 (38.4%), this property is clearly underpriced in the current market.
Fair value modelled at €875,135 from 6 comparable sales in the area. Asking €539,000 sits €336,135 (38.4%) below — the upside to fair value.
Asking €539,000 versus the rua de Odeceixe, 33 area baseline of €682,321 (€3,967/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 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 €682,321, adjusted for condition and micro-location, gives a modelled fair value of €875,135 (€5,088/m²), a €336,135 (38.4%) gap versus the €539,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Odeceixe, 33 | Subject | €539,000 | €3,134 | — | 75 | 43 |
| São Teotónio · f10b28 | Active | €950,000 | €4,524 | 44.4% | 74 | 44 |
| Marmelete · 9116e2 | Active | €890,000 | €2,225 | 29.0% | 70 | 63 |
| Odeceixe · efdd4c | Active | €320,000 | €2,712 | 13.5% | — | 33 |
| Odeceixe · 6eba5b | Active | €1,100,000 | €7,383 | 135.6% | — | 60 |
| Median comp | €920,000 | €3,618 | 15.5% | 72 | 52 |
Short-term vacation rental This property presents a unique opportunity for a short-term vacation rental in a rural setting that caters to seasonal tourism in the Algarve, despite a 0% gross yield. The gap of 38.4% versus its fair value suggests significant potential for premium pricing during peak tourist seasons. Buy-and-hold Acquiring this property for long-term investment could yield substantial benefits, given its fair value of €875,135 compared to the current listing price. The inclusion of seasonal tourism in the local economy makes this a strategic buy for holding assets that appreciate over time. Value-add renovation Investing in a value-add renovation could enhance this property’s appeal in the Algarve market, unlocking its potential beyond the current listing price of €539,000. With a condition rating of 81/100, there is ample room for improvements that can elevate overall value and attract higher-end vacation guests.
Economic Instability Risk With an economic stability score of 35/100, the likelihood of economic downturns affecting tenant retention and property value is high.**
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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