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.
2-bedroom, 0-bathroom apartment of 98 m² on the 1st floor, energy rating A. Located Salvador e Santa Maria da Feira parish, Beja municipality, Beja district. Noteworthy Features: The property includes two large balconies, enhancing outdoor space, and offers convenient elevator access from the parking on the first floor, adding to its accessibility.
The valuation. The asking price of €275,000 is significantly above the fair value of €211,226, indicating an overvaluation of €63,774, or 30.2%. This property does not represent a financially sound investment opportunity. Buy-to-flip angle. With renovations to enhance aesthetic appeal, this property could be flipped for resale in a better market, targeting a profit margin that justifies the initial investment. However, the current overvaluation places immediate resale potential at risk. Buy-to-let angle. The estimated gross yield stands at 2.7%, translating to approximately €619 per month in rental income. Given the mixed neighborhood score of 49/100, achieving consistent occupancy may present challenges.
Fair value modelled at €211,226 from 6 comparable sales in the area. Asking €275,000 sits €63,774 (30.2%) above — overpriced versus fair value.
Asking €275,000 versus the Salvador e Santa Maria da Feira, Beja, Beja area baseline of €168,574 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €168,574, adjusted for condition and micro-location, gives a modelled fair value of €211,226 (€2,155/m²), a €63,774 (30.2%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Salvador e Santa Maria da Feira · a4677d | Subject | €275,000 | €2,806 | — | 75 | 49 |
| rua José Moedas, 16 | Active | €190,000 | €1,939 | 30.9% | 70 | 43 |
| Salvador e Santa Maria da Feira · 375061 | Active | €174,000 | €2,320 | 17.3% | 72 | 41 |
| rua Maestro Sousa Morais, 19 | Active | €235,000 | €1,599 | 43.0% | 65 | 38 |
| Beja (Santiago Maior e São João Baptista) · 82903a | Active | €215,000 | €1,991 | 29.1% | 74 | 44 |
| Median comp | €202,500 | €1,965 | 30.0% | 71 | 42 |
Long-term rental This property presents a low gross yield of 2.7%, indicating a relatively poor return on investment for long-term rental purposes. Given its condition and neighbourhood rating, the property is overpriced compared to its fair value, making it a less attractive option for stable rental income. Value-add renovation Despite the potential for value-add renovations, the current pricing at €275,000 does not provide a sufficient margin for these improvements given that it is already overpriced at a 30.2% gap from fair value. Investments in renovations may enhance property condition and value, but ongoing costs and the high entry price could affect the overall profitability. Agricultural investment Considering the property’s residential nature and the characteristics of the Alentejo region, it does not align well with agricultural investment strategies. Moreover, its overpriced status suggests that there might be limited viable opportunities to capitalize on agricultural development or conversion due to financial constraints stemming from the current valuation.
High Economic Risk With an economic stability score of 30/100, there is a significant risk of economic downturns impacting property value and tenant demand.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
