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 83 m² on the 1st floor, energy rating B. Located Vila Nova de Milfontes parish, Odemira municipality, Beja district. This property features a high-end rooftop terrace with an infinity pool, jacuzzi, and sauna, offering breathtaking views towards the sea and beach, enhancing its luxury appeal.
The valuation. The asking price of €595,000 sits significantly above its fair value of €281,890, representing an overvaluation of €313,110 (111.1%). Thus, the property is overpriced given its current market position.
Fair value modelled at €281,890 from 6 comparable sales in the area. Asking €595,000 sits €313,110 (111.1%) above — overpriced versus fair value.
Asking €595,000 versus the Vila Nova de Milfontes, Odemira, Beja area baseline of €214,509 (€2,584/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €214,509, adjusted for condition and micro-location, gives a modelled fair value of €281,890 (€3,396/m²), a €313,110 (111.1%) gap versus the €595,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila Nova de Milfontes · 9c7b88 | Subject | €595,000 | €7,169 | — | 83 | 48 |
| Vila Nova de Milfontes · 2ce343 | Active | €655,000 | €3,522 | 50.9% | 68 | 45 |
| rua do Rosmaninho S / N | Active | €350,000 | €3,271 | 54.4% | 63 | 41 |
| Vila Nova de Milfontes · 07fd41 | Active | €475,000 | €2,351 | 67.2% | 67 | 46 |
| Longueira/Almograve · 828fc5 | Active | €2,000,000 | €13,423 | 87.2% | 70 | 45 |
| Median comp | €565,000 | €3,397 | 52.6% | 68 | 45 |
Long-term rental The 2-bed apartment in Vila Nova de Milfontes, listed at €595,000, is substantially overpriced compared to its fair value of €281,890, resulting in a significant gap of 111.1%. With a gross yield of only 1.2%, the financial returns do not justify the elevated purchase price in the long-term rental market. Buy-and-hold Investing in the Vila Nova de Milfontes property, currently listed at €595,000, is ill-advised as it is overpriced when compared to the fair valuation of €281,890. Given the limited urban development and a low neighborhood rating of 48/100, anticipated value appreciation is unlikely to compensate for the initial high investment. Family rental The apartment's listing price of €595,000 positions it notably above its fair value of €281,890, marking it as overpriced by 111.1%. This situation, coupled with a gross yield of 1.2% and a neighborhood rating of 48/100, renders the property unattractive for long-term family rentals, as potential tenants may seek more affordable alternatives.
Increased Vacancy Risk Tenants may be more likely to vacate due to the low economic stability score of 40/100, potentially leading to higher turnover and vacancies.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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