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, 2-bathroom house of 195 m², built in 1950, energy rating F. Located São João de Negrilhos parish, Aljustrel municipality, Beja district. This property includes a charming fireplace and excellent sun exposure, enhancing its appeal for both comfortable living and vacationing in the scenic Alentejo region.
The valuation. The asking price of €150,000 is significantly below the fair value of €242,787, indicating the property is subpriced by €92,787 (38.2%). This presents a compelling opportunity for potential buyers.
Fair value modelled at €242,787 from 6 comparable sales in the area. Asking €150,000 sits €92,787 (38.2%) below — the upside to fair value.
Asking €150,000 versus the São João de Negrilhos, Aljustrel, Beja area baseline of €176,276 (€904/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 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 €176,276, adjusted for condition and micro-location, gives a modelled fair value of €242,787 (€1,245/m²), a €92,787 (38.2%) gap versus the €150,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São João de Negrilhos · a0ccd6 | Subject | €150,000 | €769 | — | 66 | 38 |
| Aljustrel e Rio de Moinhos · 5da150 | Active | €140,000 | €1,296 | 68.5% | 70 | 43 |
| rua de Pavoias, 3 | Active | €120,000 | €732 | 4.9% | 55 | 43 |
| Ferreira do Alentejo e Canhestros · 101b0f | Active | €152,500 | €1,201 | 56.1% | — | 44 |
| rua Doutor Jacinto Nunes, 41 | Active | €269,000 | €1,212 | 57.5% | 70 | 38 |
| Median comp | €146,250 | €1,207 | 56.8% | 70 | 43 |
Long-term rental This property in São João de Negrilhos presents an attractive long-term rental opportunity due to its significant gap of 38.2% compared to its fair value of €242,787. While the current yield is 0%, its potential for appreciation and long-term residential stability in a rural agricultural region could yield positive returns over time. Short-term vacation rental Given the remote location and lack of amenities in the agricultural region, this property is not ideal for a short-term vacation rental strategy. Despite being underpriced, its appeal to transient visitors is limited, making this approach financially risky. Student housing The property is not suitable for a student housing strategy due to the absence of nearby educational institutions and the rural setting. While the pricing reflects a significant discount, the lack of tenant demand in this segment could lead to chronic vacancy issues. Luxury market With a lack of urban amenities and a rural environment, the property is ill-suited for luxury market investments. Although it is underpriced relative to its fair value, the specific characteristics of the neighbourhood detract from its desirability as a luxury offering.
Tenant Default Risk: With a tenant stability score of 40/100, there is a significant risk of tenant defaults or turnover, potentially leading to increased vacancy rates and loss of 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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