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.
4-bedroom, 3-bathroom country_house of 300 m², built in 2009, energy rating C. Located Garvão e Santa Luzia parish, Ourique municipality, Beja district. Unique Amenities: The property features a small private dam and an orchard with a variety of 12 fruit trees, 60 olive trees, and 200 strawberry trees, enhancing its rural charm.
The valuation. The asking price of €649,000 is significantly above fair value, which sits at €434,465, resulting in an overvaluation of €214,535 (49.4%). This property is not appropriately priced for investment consideration.
Fair value modelled at €434,465 from 6 comparable sales in the area. Asking €649,000 sits €214,535 (49.4%) above — overpriced versus fair value.
Garvão e Santa Luzia, Ourique, Beja area median of €253,800 (€846/m²) for a property of this size — the starting reference point before comparable sales are factored in.
6 comparable sales in the area adjust the estimate by +€180,665 versus the parish baseline.
Parish baseline €253,800 +€180,665 comparables adjustment = modelled fair value of €434,465 (€1,448/m²), a €214,535 (49.4%) gap versus the €649,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Garvão e Santa Luzia · 9d29f4 | Subject | €649,000 | €2,163 | — | 75 | 43 |
| Ourique · f10cdb | Active | €165,000 | €1,299 | 39.9% | 78 | 41 |
| rua do Lavadouro | Active | €305,000 | €2,033 | 6.0% | 60 | 48 |
| Panoias e Conceição · 375080 | Active | €299,000 | €2,020 | 6.6% | — | 45 |
| rua Carlos Maia | Active | €230,000 | €1,597 | 26.2% | — | 48 |
| Median comp | €264,500 | €1,809 | 16.4% | 69 | 47 |
Long-term rental Given the significant price gap of 49.4% compared to its fair value of €434,465, the property appears to be overpriced at €649,000, making it an unattractive option for a long-term rental strategy. Additionally, its low yield of 0% combined with a neighborhood rating of 43/100 suggests poor tenant quality and limited demand for rental properties in the area. Buy-and-hold Investing in this property as a buy-and-hold strategy is less favorable, as it is currently overpriced by 49.4% compared to its fair value of €434,465. The modest condition rating of 78/100 in a rural Alentejo area with limited economic diversity further diminishes the potential for appreciation over time, making it a risky long-term investment choice.
Economic Vulnerability The property's low economic stability score of 35/100 indicates a potential risk of declining property values and rental demand due to adverse economic conditions.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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