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.
0-bedroom, 0-bathroom mix_use_building of 3164 m², energy rating F. Located on largo dos Capuchos S / N, Nossa Senhora da Conceição e São Bartolomeu parish, Vila Viçosa municipality, Évora district. Noteworthy Features: The property showcases magnificent vaulted ceilings and various panoramic terraces overlooking the Alentejo countryside, embodying a unique blend of historical elegance and investment potential.
The valuation. The asking price of €3,200,000 sits significantly below the fair value of €4,282,673, representing an attractive opportunity at €1,082,673 (33.8%) underpriced. This favorable valuation indicates potential appreciation in this rural market.
Fair value modelled at €4,282,673 from the area baseline, adjusted for condition and location. Asking €3,200,000 sits €1,082,673 (33.8%) below — the upside to fair value.
Asking €3,200,000 versus the largo dos Capuchos S / N area baseline of €5,005,448 (€1,582/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 (Condition 58 · Materials 65 · Room dimensions 66). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 46/100 (Housing Market 40 · Amenities 40 · Economic 35 · Tenant Quality 40). Softer demand indicators apply a discount to baseline.
largo dos Capuchos S / N
Area baseline €5,005,448 + condition -€642,688 + location -€80,087 = modelled fair value of €4,282,673 (€1,354/m²), a €1,082,673 (33.8%) gap versus the €3,200,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| largo dos Capuchos S / N | Subject | €3,200,000 | €1,011 | — | 58 | 46 |
| rua do Muro | Active | €920,000 | €1,082 | 7.0% | — | 41 |
| rua de João de Olivença, 25 | Active | €70,000 | €667 | 34.1% | 50 | 45 |
| rua da Cadeia | Active | €185,000 | €642 | 36.5% | — | 49 |
| Alter do Chão · c1f1e6 | Active | €80,000 | €667 | 34.1% | 30 | 49 |
| Median comp | €132,500 | €667 | 34.1% | 40 | 47 |
Long-term rental This property presents an opportunity for a long-term rental strategy given its 33.8% gap from fair value, indicating potential for appreciation as the local economy stabilizes. With a current fair value of €4,282,673, the property could generate positive cash flow as demand increases for stable housing in the area. Buy-and-hold Adopting a buy-and-hold approach allows for strategic long-term investment in a subvalorizada asset, taking advantage of the local agricultural-based economy's potential growth. Despite the property having a low gross yield and moderate condition, its significant fair value gap suggests that value will increase over time, rewarding patient investors.
Economic Instability Risk The low economic stability score of 35/100 indicates a heightened risk of economic downturns that could affect property values and rental income. Tenant Instability Risk With a tenant stability score of 40/100, there is a significant risk of high tenant turnover and potential vacancies, impacting cash flow and occupancy rates.
