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, 2-bathroom apartment of 81 m² on the 1st floor, built in 1951, energy rating D. Located Beja (Santiago Maior e São João Baptista) parish, Beja municipality, Beja district. Unique Features: This apartment is in an Urban Rehabilitation Area, allowing for appealing tax incentives on renovation costs and potential value appreciation in a revitalizing neighborhood.
The valuation. The asking price of €135,000 is €6,505 (5.1%) above the fair value of €128,495, indicating it is fairly valued. This suggests that the property is realistically priced for its condition and the local market.
Fair value modelled at €128,495 from 6 comparable sales in the area. Asking €135,000 sits €6,505 (5.1%) above — overpriced versus fair value.
Asking €135,000 versus the Beja (Santiago Maior e São João Baptista), Beja, Beja area baseline of €117,178 (€1,447/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 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 €117,178, adjusted for condition and micro-location, gives a modelled fair value of €128,495 (€1,586/m²), a €6,505 (5.1%) gap versus the €135,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Beja (Santiago Maior e São João Baptista) · 9c7b6e | Subject | €135,000 | €1,667 | — | — | 49 |
| Salvador e Santa Maria da Feira · 7cad59 | Active | €175,000 | €1,786 | 7.1% | 55 | 45 |
| rua Antonio Sergio, 3 | Active | €170,000 | €1,574 | 5.6% | 60 | 42 |
| Salvador e Santa Maria da Feira · 2cdb23 | Active | €260,000 | €1,368 | 17.9% | 62 | 44 |
| avenida Vasco da Gama | Active | €168,500 | €1,428 | 14.3% | 68 | 40 |
| Median comp | €172,500 | €1,501 | 9.9% | 61 | 43 |
Long-term rental The 2-bed apartment is positioned fairly in the market with a listing price of €135,000 compared to a fair value of €128,495, indicating a gap of 5.1%. With a gross yield of 5%, this investment may provide steady returns, although the lower condition and neighborhood ratings suggest potential challenges in attracting quality tenants. Agricultural land use Given the rural location in Beja, the property could serve agricultural purposes, aligning with the prevailing economic landscape of Alentejo. However, the current fair valuation reflects that while the property holds potential for development, it is not priced excessively low for immediate conversion to agricultural use, being assessed fairly at €135,000 against a fair value of €128,495. Not ideal for student housing The apartment's ratings indicate a limited tenant pool, particularly unattractive for student housing due to its rural setting and lower neighborhood quality. Therefore, despite the fair asking price, the property fails to meet the demand and expectations of the student rental market. Not ideal for luxury market With a condition rating of just 55 and a neighborhood score of 49, the property does not meet luxury market standards, making it unfit for high-end buyers. Consequently, while priced fairly at €135,000, it does not hold appeal as a luxury investment opportunity. Not ideal for short-term vacation rental The property’s rural location and neighborhood assessment indicate a lack of amenities and attractions that typically drive short-term vacation rentals. Hence, despite its fair valuation, it is unlikely to generate sufficient demand to justify investment in this rental strategy.
High Economic Instability With an economic stability score of 35/100, there is a significant risk of fluctuations in property values and tenant demand, which could lead to potential income loss for investors.
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