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.
9-bedroom, 0-bathroom house of 658 m², energy rating D. Located Garvão e Santa Luzia parish, Ourique municipality, Beja district. Noteworthy Features: This property includes a commercial space on the ground floor and extensive outdoor areas, offering stunning panoramic views and versatility for various uses.
The valuation. The asking price of €550,000 is significantly below the fair value of €955,254, positioning the property as appealingly underpriced by €405,254 (42.4%). This discrepancy indicates a strong opportunity for investment. Buy-to-flip angle. With necessary renovations due to a condition rating of 0/100, flipping this property could yield profitable margins after strategic improvements and a market-appropriate resale. The goal would be to capitalize on the seasonal tourism demand post-renovation. Buy-to-let angle. Although the gross yield currently stands at 0% with no immediate cash flow, implementing a long-term rental strategy in this mixed-use neighbourhood could tap into seasonal tourism and family rental opportunities, providing potential for future income.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Garvão e Santa Luzia · e55395 | Subject | €550,000 | €836 | — | — | 46 |
| rua 25 de Abril | Active | €189,000 | €652 | 22.0% | 35 | 48 |
| Relíquias · 5e64a5 | Active | €160,000 | €1,404 | 67.9% | 58 | 42 |
| rua Carlos Maia | Active | €230,000 | €1,597 | 91.1% | — | 48 |
| Luzianes-Gare · a46626 | Active | €195,000 | €1,500 | 79.5% | — | 46 |
| Median comp | €192,000 | €1,452 | 73.7% | 47 | 47 |
Long-term rental The property is currently listed at €550,000, representing a 42.4% discount from the fair value of €955,254, making it a strong candidate for long-term rental opportunities in a rural setting. With its size and multi-bedroom capacity, the property can cater to families seeking affordable housing in an area with seasonal tourism. Family rental The current listing price of €550,000 is significantly below the fair value of €955,254, highlighting the potential for profitable family rentals. Despite the rural location and a neighbourhood rating of 46/100, the property’s extensive space can accommodate larger families looking for affordable long-term options. Buy-and-hold At €550,000, the property presents a unique buy-and-hold opportunity with substantial upside potential, given its fair value of €955,254. While the property currently shows a yield of 0% and is in poor condition, its below-market pricing allows for investments in improvements that could enhance its value over time.
Economic Instability Risk The low economic stability score of 35/100 suggests a significant risk of fluctuating property values and potential difficulties in maintaining consistent rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
