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 villa of 87 m². Located Vendas Novas parish, Vendas Novas municipality, Évora district. Noteworthy Features: This property includes two independent dwellings, offering significant flexibility for rentals or extended family living amidst a spacious 1000 m² garden ripe for development.
The valuation. The asking price of €195,000 is significantly above the fair value of €31,004, indicating that the property is overpriced by €163,996, or 84.1%. This discrepancy suggests a poor investment relative to market norms.
Fair value modelled at €31,004 from the area baseline, adjusted for condition and location. Asking €195,000 sits €163,996 (84.1%) above — overpriced versus fair value.
Asking €195,000 versus the Vendas Novas, Vendas Novas, Évora area baseline of €165,735 (€1,905/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 36/100 (Condition 32 · Materials 40 · Room dimensions 45). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 54/100 (Housing Market 55 · Amenities 50 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Vendas Novas, Vendas Novas, Évora
Area baseline €165,735 + condition -€52,880 + location +€1,321 = modelled fair value of €31,004 (€356/m²), a €163,996 (84.1%) gap versus the €195,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vendas Novas · 92445b | Subject | €195,000 | €2,241 | — | 32 | 54 |
| Canha · 4b79a2 | Active | €275,000 | €3,198 | 42.7% | — | 57 |
| avenida Primeiro de Maio, 1 | Active | €330,000 | €2,063 | 8.0% | 52 | 58 |
| rua António Sérgio | Active | €695,000 | €2,780 | 24.0% | — | 58 |
| Pegões · 001501 | Active | €650,000 | €6,436 | 187.1% | 64 | 55 |
| Median comp | €490,000 | €2,989 | 33.4% | 58 | 58 |
Long-term rental The property in Vendas Novas, priced at €195,000, is significantly overpriced with a valuation gap of 84.1% compared to its fair value of €31,004. Although it offers a gross yield of 7.2%, the overall condition of 36/100 and the semi-rural location suggest a lack of sustained tenant demand may hinder long-term rental profitability. Family rental Given the overpriced nature of the €195,000 listing against a fair value of €31,004, this property is not an ideal candidate for family rentals. The mediocre neighborhood rating of 54/100 and the property's low condition score may deter potential family tenants looking for quality living spaces in more attractive locations.
Economic Vulnerability: The low economic stability score of 50/100 indicates a significant risk of economic downturns that could affect rental income and property value negatively.**
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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