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 apartment of 97 m² on the 1st floor, built in 1995, energy rating C. Located on avenida Comandante Ramiro Correia, 9, Beja (Santiago Maior e São João Baptista) parish, Beja municipality, Beja district. This apartment features a spacious living room with large windows that provide abundant natural light, enhancing the overall ambiance despite the need for updates.
The valuation. The asking price of €190,000 is positioned below the fair value of €210,194, making it underpriced by €20,194 (9.6%). This presents an opportunity for potential investors seeking value.
Fair value modelled at €210,194 from 6 comparable sales in the area. Asking €190,000 sits €20,194 (9.6%) below — the upside to fair value.
Asking €190,000 versus the avenida Comandante Ramiro Correia, 9 area baseline of €197,495 (€2,036/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 54/100 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 €197,495, adjusted for condition and micro-location, gives a modelled fair value of €210,194 (€2,167/m²), a €20,194 (9.6%) gap versus the €190,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Comandante Ramiro Correia, 9 | Subject | €190,000 | €1,959 | — | 55 | 46 |
| rua José Moedas, 16 | Active | €190,000 | €1,939 | 1.0% | 70 | 43 |
| rua Maestro Sousa Morais, 19 | Active | €235,000 | €1,599 | 18.4% | 65 | 38 |
| Beja (Santiago Maior e São João Baptista) · a466ef | Active | €145,000 | €2,014 | 2.8% | 65 | 37 |
| Salvador e Santa Maria da Feira · 375061 | Active | €174,000 | €2,320 | 18.4% | 72 | 41 |
| Median comp | €182,000 | €1,977 | 0.9% | 68 | 40 |
Long-term rental The property in Beja, with a gross yield of 4.8%, presents a compelling opportunity for long-term rental income, especially given its slight underpricing relative to fair value. This mix of affordability and potential rental demand in a rural area could provide stable returns over time. Family rental Given the 97m² size and three bedrooms, this apartment is well-suited for families looking for a more affordable housing option in a rural setting. Its current asking price appears advantageous, making it a viable choice for family rental despite the limited amenities in the area. Agricultural investment The remote rural context of Beja favors agricultural investment, particularly with the property's pricing below fair value. This property can serve as a secondary home or investment for agricultural enthusiasts seeking opportunities in the region, capitalizing on local economic focuses.
High Economic and Tenant Instability With an economic stability score of 30/100 and a tenant stability score of 40/100, there is a significant risk of fluctuating income and potential vacancy issues, which could adversely affect the property's cash flow.
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