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.
7-bedroom, 1-bathroom house of 77 m², built in 1996. Located on avenida do Comércio, Boavista dos Pinheiros parish, Odemira municipality, Beja district. Noteworthy Features: The substantial 2812 m² lot provides ample space for landscaping or additional construction opportunities, while the property's historical usage license may facilitate rehabilitation incentives.
The valuation. The asking price of €245,000 is significantly below the fair value of €444,953, representing a discount of €199,953 (44.9%). This property is clearly subvalued, providing an attractive entry point for potential investors.
Fair value modelled at €444,953 from 6 comparable sales in the area. Asking €245,000 sits €199,953 (44.9%) below — the upside to fair value.
avenida do Comércio area median of €162,316 (€2,108/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 +€282,637 versus the parish baseline.
Parish baseline €162,316 +€282,637 comparables adjustment = modelled fair value of €444,953 (€5,779/m²), a €199,953 (44.9%) gap versus the €245,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida do Comércio | Subject | €245,000 | €3,182 | — | 15 | 48 |
| São Teotónio · 5e61a3 | Active | €685,000 | €9,384 | 194.9% | — | 43 |
| Relíquias · 5e64a5 | Active | €160,000 | €1,404 | 55.9% | 58 | 42 |
| Longueira/Almograve · a8088b | Active | €399,000 | €4,807 | 51.1% | 68 | 44 |
| São Teotónio · 38b63a | Active | €1,350,000 | €6,750 | 112.1% | — | 42 |
| Median comp | €542,000 | €5,779 | 81.6% | 63 | 43 |
Buy-and-hold The property in Boavista dos Pinheiros is significantly underpriced at €245,000 compared to its fair value of €444,953, offering a gap of 44.9%. This presents a long-term opportunity to acquire an asset in a rural area with low expected crime rates, setting the stage for potential appreciation despite its current condition rating of 18/100. Long-term rental With its current pricing at €245,000, this 7-bed house presents an attractive investment for long-term rental, especially given its fair value assessment of €444,953. Although the property has a low yield of 0% and a condition rating that may deter some tenants, the overall market gap suggests long-term rental demand could grow in this agricultural region of the Algarve.
Economic Downturn Risk With an economic stability score of 35/100, there is a significant risk of falling property values and tenant turnover.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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