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 house of 128 m², built in 1992. Located on rua do Telhal, 46, Malagueira e Horta das Figueiras parish, Évora municipality, Évora district. Noteworthy Features: The outdoor area includes a half-covered terrace with unique Portuguese cobblestone simulation, barbecue facilities, and direct connectivity to the living spaces enhancing entertaining options.
The valuation. The asking price of €280,000 sits €87,994 (31.4%) above the fair value of €192,006, indicating that the property is overpriced. This disparity suggests that potential buyers should approach with caution and negotiate for a more reasonable price.
Fair value modelled at €192,006 from the area baseline, adjusted for condition and location. Asking €280,000 sits €87,994 (31.4%) above — overpriced versus fair value.
Asking €280,000 versus the rua do Telhal, 46 area baseline of €202,496 (€1,582/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 71 · Materials 74 · Room dimensions 76). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 41/100 (Housing Market 35 · Amenities 40 · Economic 30 · Tenant Quality 50). Softer demand indicators apply a discount to baseline.
rua do Telhal, 46
Area baseline €202,496 + condition -€3,200 + location -€7,290 = modelled fair value of €192,006 (€1,500/m²), a €87,994 (31.4%) gap versus the €280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Telhal, 46 | Subject | €280,000 | €2,188 | — | 71 | 41 |
| travessa da Piçarra | Active | €235,000 | €3,456 | 58.0% | 55 | 48 |
| travessa da Piçarra | Active | €235,000 | €3,456 | 58.0% | 60 | 44 |
| rua da Mostardeira | Active | €157,000 | €2,379 | 8.7% | 55 | 45 |
| rua Henrique de Menezes, 4 | Active | €265,000 | €2,054 | 6.1% | 70 | 38 |
| Median comp | €235,000 | €2,918 | 33.4% | 58 | 45 |
Long-term rental The property is priced at €280,000, which is significantly above its fair value of €192,006, indicating it is overpriced. With a gross yield of 5.5%, the potential return does not justify the investment given the considerable gap from fair value. Buy-and-hold While the property is situated in a rural and serene context, the price of €280,000 remains excessive against the fair valuation of €192,006. Despite the low population leading to lower crime rates, the property's current valuation does not align with its potential long-term appreciation prospects.
Economic Risk The low economic stability score of 30/100 indicates a significant risk of economic downturn affecting property value and rental income stability.
