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 house of 101 m², built in 1970. Located on rua Engenheiro Aires da Fonseca, 24, Vidigueira parish, Vidigueira municipality, Beja district. Noteworthy Features: The property includes a spacious 1,388 m² plot that allows for potential outdoor enhancements, alongside proximity to the Alentejo Wine Route and other amenities.**
The valuation. The asking price of €190,000 exceeds the fair value of €129,678 by €60,322 (46.5%), indicating that the property is overpriced. This discrepancy suggests a lack of alignment between market appraisal and listing expectations.
Fair value modelled at €129,678 from 6 comparable sales in the area. Asking €190,000 sits €60,322 (46.5%) above — overpriced versus fair value.
Asking €190,000 versus the rua Engenheiro Aires da Fonseca, 24 area baseline of €125,014 (€1,238/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 50/100 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 €125,014, adjusted for condition and micro-location, gives a modelled fair value of €129,678 (€1,284/m²), a €60,322 (46.5%) gap versus the €190,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Engenheiro Aires da Fonseca, 24 | Subject | €190,000 | €1,881 | — | 54 | 32 |
| Vidigueira · a80b4f | Active | €415,000 | €1,694 | 10.0% | — | 48 |
| São Matias · a80ad6 | Active | €110,000 | €663 | 64.8% | 40 | 39 |
| rua do Frade, 43 | Active | €150,000 | €1,402 | 25.5% | 70 | 38 |
| Cuba · ee890b | Active | €269,000 | €708 | 62.4% | — | 46 |
| Median comp | €209,500 | €1,055 | 43.9% | 55 | 43 |
Long-term rental With a fair value of €129,678, the property's asking price of €190,000 reflects a significant gap of 46.5%, indicating it is overpriced for long-term rental purposes. The gross yield of 0% along with a neighborhood score of 32/100 suggests a challenging environment for securing reliable tenants. Buy-and-hold Investing in this property as a buy-and-hold strategy is questionable given its fair value significantly lower than the listing price, making it overpriced at €190,000. The below-average condition of 50/100 further complicates long-term appreciation potential, especially in a rural market with limited growth prospects.
High Vacancy Risk With an economic stability score of 30/100 and a tenant stability score of 40/100, this property may face significant challenges in attracting and retaining quality tenants, leading to potential vacancies.
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
