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 house of 202 m², built in 2003, energy rating E. Located Vila Nova de Milfontes parish, Odemira municipality, Beja district. This property boasts a picturesque terrace with a view of the Mira River, ideal for outdoor dining and relaxation, enhancing its Mediterranean charm and appeal.
The valuation. The asking price of €475,000 sits €62,948 (15.3%) above the fair value of €412,052. As such, the property is overpriced.
Fair value modelled at €412,052 from 6 comparable sales in the area. Asking €475,000 sits €62,948 (15.3%) above — overpriced versus fair value.
Asking €475,000 versus the Vila Nova de Milfontes, Odemira, Beja area baseline of €264,430 (€1,309/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 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 €264,430, adjusted for condition and micro-location, gives a modelled fair value of €412,052 (€2,040/m²), a €62,948 (15.3%) gap versus the €475,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila Nova de Milfontes · 07fd41 | Subject | €475,000 | €2,351 | — | 67 | 46 |
| Cercal · 956e74 | Active | €349,000 | €1,950 | 17.1% | 70 | 48 |
| avenida Álvaro Cunhal | Active | €349,000 | €1,950 | 17.1% | 65 | 45 |
| São Luís · a46620 | Active | €213,000 | €2,130 | 9.4% | 68 | 45 |
| rua Doutor Avelar Soares, 32 | Active | €349,000 | €1,950 | 17.1% | 70 | 42 |
| Median comp | €349,000 | €1,950 | 17.1% | 69 | 45 |
Long-term rental Given the listing price of €475,000, which exceeds the fair value by 15.3%, this 3-bed house in Vila Nova de Milfontes may not offer an attractive long-term rental opportunity due to its modest yield of 3.4%. Additionally, the neighborhood's low score of 46/100 indicates challenges in tenant quality and local economic activities, limiting the potential for consistent occupancy. Agricultural investment The rural dynamics of Vila Nova de Milfontes and the property's fair value of €412,052 suggest that the current listing price of €475,000 is too high for agricultural investment endeavors. The neighborhood's amenities and educational facilities rated 46/100 and 72/100 respectively imply that potential agricultural use may face logistical and operational challenges, diminishing the viability of this investment.
Economic Instability Risk With an economic stability score of 35/100, there is a significant risk of market downturns negatively impacting property value and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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