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 995 m². Located Évora (São Mamede, Sé, São Pedro e Santo Antão) parish, Évora municipality, Évora district. Noteworthy Features: This property, despite its state of disrepair, offers a strategic investment opportunity in a UNESCO World Heritage city with significant potential for high occupancy rates in tourism.
The valuation. The asking price of €1,350,000 sits significantly above fair value, which is estimated at €513,172, resulting in an overpricing of €836,828 or 62.0%. This property is notably overpriced. Buy-to-flip angle. A resale or wholesale strategy appears challenging given the current condition rating of 10/100, indicating significant renovations are needed to justify any price increase. Immediate returns in a flip are unlikely. Buy-to-let angle. Generating rental income may be difficult, as the gross yield sits at 0% with no estimated monthly income. The mixed neighborhood also offers limited community amenities, affecting rental demand.
Fair value modelled at €513,172 from the area baseline, adjusted for condition and location. Asking €1,350,000 sits €836,828 (62.0%) above — overpriced versus fair value.
Asking €1,350,000 versus the Évora (São Mamede, Sé, São Pedro e Santo Antão), Évora, Évora area baseline of €2,359,145 (€2,371/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 10/100 (Condition 5 · Materials 10 · Room dimensions 15). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 42/100 (Housing Market 35 · Amenities 50 · Economic 35 · Tenant Quality 50). Softer demand indicators apply a discount to baseline.
Évora (São Mamede, Sé, São Pedro e Santo Antão), Évora, Évora
Area baseline €2,359,145 + condition -€1,010,547 + location -€50,371 = modelled fair value of €513,172 (€516/m²), a €836,828 (62.0%) gap versus the €1,350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Évora (São Mamede, Sé, São Pedro e Santo Antão) · 5ecea6 | Subject | €1,350,000 | €1,357 | — | — | 42 |
| rua de Aviz | Active | €1,100,000 | €888 | 34.6% | 16 | 42 |
| Bacelo e Senhora da Saúde · 603313 | Active | €1,350,000 | €2,039 | 50.3% | 15 | 47 |
| rua do Conde da Serra | Active | €695,000 | €2,673 | 97.0% | 39 | 42 |
| rua Cinco de Outubro | Active | €1,200,000 | €2,424 | 78.7% | 28 | 42 |
| Median comp | €1,150,000 | €2,232 | 64.5% | 22 | 42 |
Long-term rental This property exhibits a significant gap of 62.0% from its fair value, indicating that it is overpriced and unlikely to attract tenants looking for reasonable rental costs. The limited community amenities and low tenant quality further diminish its appeal as a long-term rental opportunity. Buy-and-hold Investing in this property is not advisable, as its current price of €1,350,000 far exceeds its fair value of €513,172, marking a 62.0% overvaluation. Additionally, the property's poor condition score of 10/100 suggests ongoing maintenance challenges that would deter long-term appreciation potential. Family rental With a fair value significantly lower than its listing price, this property is overpriced at €1,350,000, which may make it unaffordable for families seeking rental options. The surrounding neighborhood score of 42/100 indicates limited amenities and services, which diminishes its attractiveness for family rentals.
Low Economic and Tenant Stability Risk The economic stability score of 35/100 indicates a weak local economy, combined with a tenant stability score of 50/100, suggests a risk of high tenant turnover and the potential for reduced rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
