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.
1-bedroom, 0-bathroom house of 54 m², built in 1958, energy rating E. Located São Luís parish, Odemira municipality, Beja district. Noteworthy Features: This property includes a charming outdoor dining area alongside traditional Mediterranean trees—fig, olive, orange, and lemon—enhancing its tranquil and inviting outdoor lifestyle.
The valuation. The asking price of €198,000 is significantly below the fair value of €366,896, presenting a discount of €168,896 (46.0%). This property is therefore underpriced in the current market.
Fair value modelled at €366,896 from 6 comparable sales in the area. Asking €198,000 sits €168,896 (46.0%) below — the upside to fair value.
Asking €198,000 versus the São Luís, Odemira, Beja area baseline of €343,393 (€6,359/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 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 €343,393, adjusted for condition and micro-location, gives a modelled fair value of €366,896 (€6,794/m²), a €168,896 (46.0%) gap versus the €198,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Luís · 0ac5f0 | Subject | €198,000 | €3,667 | — | 65 | 49 |
| Relíquias · 2fccb5 | Active | €420,000 | €7,636 | 108.3% | — | 43 |
| São Salvador e Santa Maria · 76ad4a | Active | €550,000 | €2,292 | 37.5% | — | 43 |
| Cercal · 956eda | Active | €120,000 | €2,000 | 45.5% | — | 52 |
| Cercal · b32bc2 | Active | €375,000 | €5,952 | 62.3% | 60 | 47 |
| Median comp | €397,500 | €4,122 | 12.4% | 60 | 45 |
Long-term rental The property's pricing at €198,000 presents an attractive entry point compared to the fair value of €366,896, indicating a substantial potential for long-term appreciation. Given its condition score of 70/100 and the seasonal nature of the market, a strategic long-term rental approach could capitalize on the area's reliance on tourism while stabilizing returns over time. Value-add renovation With a fair value gap of 46% and a condition rating of 70/100, there is significant opportunity for value-add renovations that can enhance both the property’s appeal and rental income potential. By investing in targeted improvements, the property could not only align more closely with its fair value but also attract higher-quality tenants in a predominantly rural area.
Weak economic and tenant stability The property is at risk due to a low economic stability score of 35/100 and a tenant stability score of 50/100, indicating potential challenges in attracting and retaining reliable tenants.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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