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, 1-bathroom apartment of 100 m², built in 2002, energy rating C. Located on praceta José António Carocinho, Beja (Santiago Maior e São João Baptista) parish, Beja municipality, Beja district. Noteworthy Features: The apartment includes a generous 16.30 m² storage space, enhancing practicality for families or individuals needing additional room for belongings.
The valuation. The asking price of €225,000 is notably above its fair value of €198,633, reflecting an excess of €26,367 (13.3%). This property is considered overpriced for its location and condition. Buy-to-flip angle. A buy-and-flip strategy would require significant renovations to justify a resale price above current market expectations, which may prove challenging given the rural setting. Shorter holding periods are likely to yield lower returns due to limited buyer interest. Buy-to-let angle. A long-term rental strategy could generate approximately €600 per month, translating to a gross yield of 3.2%. However, the mixed-rated neighborhood may result in prolonged vacancies or lower tenant demand in this agricultural area.
Fair value modelled at €198,633 from 6 comparable sales in the area. Asking €225,000 sits €26,367 (13.3%) above — overpriced versus fair value.
Asking €225,000 versus the praceta José António Carocinho area baseline of €176,573 (€1,766/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 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 €176,573, adjusted for condition and micro-location, gives a modelled fair value of €198,633 (€1,986/m²), a €26,367 (13.3%) gap versus the €225,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta José António Carocinho | Subject | €225,000 | €2,250 | — | 62 | 45 |
| rua José Moedas, 16 | Active | €190,000 | €1,939 | 13.8% | 70 | 43 |
| avenida Comandante Ramiro Correia, 9 | Active | €190,000 | €1,959 | 12.9% | 55 | 46 |
| Salvador e Santa Maria da Feira · 375061 | Active | €174,000 | €2,320 | 3.1% | 72 | 41 |
| Beja (Santiago Maior e São João Baptista) · a466ef | Active | €145,000 | €2,014 | 10.5% | 65 | 37 |
| Median comp | €182,000 | €1,987 | 11.7% | 68 | 42 |
Long-term rental This property is overpriced by 13.3%, making it a challenging option for long-term rental returns, with a gross yield of only 3.2%. The limited economic activity in Beja raises concerns about tenant stability and quality in this rural area, given its lower neighbourhood score of 45/100. Buy-and-hold Investing in this 2-bed apartment for a buy-and-hold strategy appears less appealing due to its 13.3% gap from fair value and inadequate gross yield of 3.2%. The property's condition rating of 63/100 indicates possible maintenance issues that could affect its long-term appreciation potential in a predominantly agricultural location.
Weak Economic Conditions A low economic stability score of 30/100 indicates a high risk of market fluctuations, which could adversely affect property value and rental income.
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