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, 1-bathroom mix_use_building of 166 m², built in 1951. Located Nossa Senhora da Vila, Nossa Senhora do Bispo e Silveiras parish, Montemor-o-Novo municipality, Évora district. This property features unique historic charm, situated adjacent to the iconic Castle and offers significant potential for redevelopment into residential units due to its dual street frontage.
The valuation. The asking price of €200,000 sits €225,084 above the estimated fair value, resulting in a 112.5% premium. This property is clearly overpriced based on current market assessments.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Nossa Senhora da Vila, Nossa Senhora do Bispo e Silveiras · 523041 | Subject | €200,000 | €1,205 | — | — | 48 |
| rua Maria Cunha | Active | €1,100,000 | €5,789 | 380.5% | — | 45 |
| rua do Conde da Serra | Active | €695,000 | €2,673 | 121.9% | 39 | 42 |
| rua Cinco de Outubro | Active | €1,200,000 | €2,424 | 101.2% | 38 | 45 |
| largo do Pelourinho | Active | €350,000 | €1,832 | 52.1% | 73 | 44 |
| Median comp | €897,500 | €2,549 | 111.5% | 39 | 45 |
Long-term rental The property has a fair value of €-25,084, indicating a significant gap of 112.5% from the listing price of €200,000, which suggests it is overpriced. Given the 0% gross yield and poor condition rating of 0/100, it will likely fail to attract long-term tenants. Buy-and-hold Acquiring this property at €200,000, when its fair value estimates it at €-25,084, reflects that it is overpriced, and thus, not a viable buy-and-hold strategy. With a low neighbourhood rating of 48/100, the potential for future appreciation appears limited, making this investment less appealing.
Economic Vulnerability The low economic stability score of 40/100 indicates a significant risk of market downturns affecting property value and tenant retention negatively.
