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, 2-bathroom apartment of 118 m² on the 3rd floor, energy rating D. Located on avenida Vasco da Gama, Beja (Santiago Maior e São João Baptista) parish, Beja municipality, Beja district. This apartment features a sunroom that enhances living space and includes a pantry, providing both functionality and extra storage within a bright environment.
The valuation. The asking price of €168,500 sits significantly below the fair value of €233,737, indicating a difference of €65,237 (27.9%). This property is clearly underpriced in the current market. Buy-to-flip angle. With a focus on resale, strategic renovations could enhance its appeal and marketability to buyers, capitalizing on its decent condition and upgrade potential. A quick flip after targeted improvements could yield substantial returns. Buy-to-let angle. Given the estimated gross yield of 5.6% with potential rental income around €786 monthly, this apartment presents a solid opportunity for long-term rental. Its decent living space and current condition suggest it will attract reliable tenants in the area.
Fair value modelled at €233,737 from 6 comparable sales in the area. Asking €168,500 sits €65,237 (27.9%) below — the upside to fair value.
Asking €168,500 versus the avenida Vasco da Gama area baseline of €197,386 (€1,673/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 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 €197,386, adjusted for condition and micro-location, gives a modelled fair value of €233,737 (€1,981/m²), a €65,237 (27.9%) gap versus the €168,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Vasco da Gama | Subject | €168,500 | €1,428 | — | 68 | 40 |
| rua Maestro Sousa Morais, 19 | Active | €235,000 | €1,599 | 12.0% | 65 | 38 |
| Salvador e Santa Maria da Feira · 7cad59 | Active | €175,000 | €1,786 | 25.1% | 55 | 45 |
| avenida Comandante Ramiro Correia | Active | €230,000 | €2,323 | 62.7% | 82 | 47 |
| Beja (Santiago Maior e São João Baptista) · 5e6260 | Active | €230,000 | €2,323 | 62.7% | 78 | 39 |
| Median comp | €230,000 | €2,055 | 43.9% | 72 | 42 |
Long-term rental This 3-bed apartment in Beja represents a solid long-term rental investment given its attractive yield of 5.6% gross and a significant gap of 27.9% below its fair value. As the agricultural economy supports demand for housing in the region, this property stands to benefit from stable occupancy rates over time. Buy-and-hold Investing in this apartment for a buy-and-hold strategy is a strategic move, with a fair value of €233,737 indicating potential appreciation against the acquisition price of €168,500. Given the current condition rating of 70/100, this property is well-positioned to maintain value as the regional market evolves.
High Economic Vulnerability With an economic stability score of 30/100, the property is at significant risk due to potential fluctuations in the local economy affecting tenant retention and rent collections.
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