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 house of 60 m², built in 1951. Located on rua de Santa Bárbara S / N, Santa Bárbara de Padrões parish, Castro Verde municipality, Beja district. Noteworthy Features: The fully restored property showcases traditional Alentejo architectural elements, enhancing its historical charm while ensuring modern comfort through recent high-quality renovations.
The valuation. The asking price of €129,000 sits significantly above the fair value of €110,948, representing an overpricing of €18,052 or 16.3%. This assessment indicates that the property is overpriced in the current market conditions.
Fair value modelled at €110,948 from 6 comparable sales in the area. Asking €129,000 sits €18,052 (16.3%) above — overpriced versus fair value.
rua de Santa Bárbara S / N area median of €65,700 (€1,095/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 +€45,248 versus the parish baseline.
Parish baseline €65,700 +€45,248 comparables adjustment = modelled fair value of €110,948 (€1,849/m²), a €18,052 (16.3%) gap versus the €129,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Santa Bárbara S / N | Subject | €129,000 | €2,150 | — | 72 | 41 |
| São Miguel do Pinheiro, São Pedro de Solis e São Sebastião dos Carros · a0ccad | Active | €215,000 | €2,443 | 13.6% | 74 | 42 |
| Castro Verde e Casével · 3a72a9 | Active | €425,000 | €1,786 | 16.9% | 78 | 51 |
| São Marcos da Ataboeira · 5e6295 | Active | €131,000 | €1,489 | 30.8% | 55 | 47 |
| Castro Verde e Casével · cc9c39 | Active | €2,250,000 | €7,500 | 248.8% | — | 49 |
| Median comp | €320,000 | €2,115 | 1.7% | 74 | 48 |
Long-term rental Given the current listing price of €129,000, the property is priced 16.3% above its fair value of €110,948, diminishing its appeal for long-term rental investment. Moreover, with a gross yield of 0% and a neighborhood rating of just 41/100, the prospects for generating stable rental income appear bleak. Value-add renovation While the property could benefit from renovations due to its condition score of 75/100, the 16.3% gap from fair value indicates that the initial investment may not yield a favorable return. Investing in value-add renovations may not justify the overall cost given the property's overpriced status and the limited local market demand.
High Vacancy Risk: With an Economic stability score of 35/100 and a Tenant stability score of 45/100, there is a significant risk of high vacancy rates due to the unstable market and tenant base.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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