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 country_house of 89 m², energy rating E. Located São Luís parish, Odemira municipality, Beja district. Noteworthy Features: This farm boasts over 1 hectare of land, providing ample space for agricultural pursuits or personal enjoyment, along with close proximity to the vibrant coastal areas of Vila Nova de Milfontes.
The valuation. The asking price of €210,000 sits 2.6% above the calculated fair value of €204,618, indicating it's priced fairly. The valuation suggests potential stability in investment, given its alignment with local market conditions.
Fair value modelled at €204,618 from 6 comparable sales in the area. Asking €210,000 sits €5,382 (2.6%) above — overpriced versus fair value.
Asking €210,000 versus the São Luís, Odemira, Beja area baseline of €193,764 (€2,177/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 53/100 is below the parish average, reducing 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 €193,764, adjusted for condition and micro-location, gives a modelled fair value of €204,618 (€2,299/m²), a €5,382 (2.6%) gap versus the €210,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Luís · 133ad9 | Subject | €210,000 | €2,360 | — | 54 | 48 |
| Cercal · ab716a | Active | €137,000 | €2,283 | 3.2% | 54 | 48 |
| Cercal · 6273e5 | Active | €164,000 | €1,624 | 31.2% | — | 46 |
| Cercal · 4bbd74 | Active | €375,000 | €2,315 | 1.9% | 70 | 48 |
| São Domingos e Vale de Água · 483c47 | Active | €1,400,000 | €15,556 | 559.3% | — | 37 |
| Median comp | €269,500 | €2,299 | 2.6% | 62 | 47 |
Long-term rental The property in São Luís, Odemira demonstrates a lack of yield, currently standing at 0% gross, which could deter long-term rental investors. With a fair value close to the listing price, the prospects for stable tenant quality in this agricultural area seem limited with a neighbourhood score of 48/100. Value-add renovation While the property is rated at 53/100 in condition, which indicates a need for improvements, the gap to fair value is minimal at 2.6%. Investors might consider renovations to enhance its appeal; however, the location's economic hardships and limited urban amenities pose significant challenges to achieving a profitable transformation.
High Economic Risk The economic stability score of 35/100 indicates a weak local economy which may lead to higher vacancy rates and lower rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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