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.
1-bedroom, 1-bathroom house of 67 m², built in 1938. Located on largo das Hortas, 4, São Bento do Cortiço e Santo Estévão parish, Estremoz municipality, Évora district. Noteworthy Features: The property includes a spacious attic that offers potential for additional living space and features a private garden of approximately 100m², ideal for outdoor activities.
The valuation. The asking price of €120,000 exceeds the fair value of €74,429 by €45,571 (61.2%), indicating the property is overpriced. This discrepancy suggests potential challenges in achieving a profitable investment.
Fair value modelled at €74,429 from 6 comparable sales in the area. Asking €120,000 sits €45,571 (61.2%) above — overpriced versus fair value.
largo das Hortas, 4 area median of €56,481 (€843/m²) for a property of this size — the starting reference point before comparable sales are factored in.
6 comparable sales in the area adjust the estimate by +€17,948 versus the parish baseline.
Parish baseline €56,481 +€17,948 comparables adjustment = modelled fair value of €74,429 (€1,111/m²), a €45,571 (61.2%) gap versus the €120,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| largo das Hortas, 4 | Subject | €120,000 | €1,791 | — | 60 | 46 |
| Estremoz (Santa Maria e Santo André) · 144052 | Active | €230,000 | €920 | 48.6% | 62 | 47 |
| União das Freguesias do Ameixial (Santa Vitória e São Bento) · 14403b | Active | €130,000 | €1,605 | 10.4% | 18 | 49 |
| Estremoz (Santa Maria e Santo André) · 9dde95 | Active | €220,000 | €1,302 | 27.3% | 62 | 43 |
| avenida Doutor Marques Crespo, 47 | Active | €250,000 | €1,923 | 7.4% | 85 | 48 |
| Median comp | €225,000 | €1,454 | 18.8% | 62 | 48 |
Long-term rental In a rural location like São Bento do Cortiço e Santo Estévão, the 1-bed house at €120,000 presents a significant gap of 61.2% from its fair value of €74,429, making this property overpriced. Furthermore, with a gross yield of 0% and a neighbourhood rating of 46/100, this investment lacks potential for long-term rental viability due to low tenant demand and economic conditions. Family rental The family rental strategy for this 1-bed house is not viable, considering the property is listed at €120,000, significantly above its fair value of €74,429, indicating it is overpriced. Additionally, the overall condition rating of 55/100 further reduces the appeal for families looking for quality housing in the area, which is negatively affected by the low neighbourhood score of 46/100.
Low Economic Stability Risk The property is situated in an area with a poor economic stability score of 40/100, which may lead to challenges in attracting and retaining tenants, ultimately affecting rental income.
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