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, 1-bathroom apartment of 114 m² on the 12th floor, built in 1995, energy rating D. Located Borba (São Bartolomeu) parish, Borba municipality, Évora district. Noteworthy Features: The apartment includes a practical layout with potential for customization and benefits from its proximity to the A6, ensuring excellent regional connectivity. Condition Notes: The property requires significant updating due to wear and tear throughout.
The valuation. The asking price of €220,000 significantly exceeds the fair value of €131,850, illustrating a marked overvaluation of €88,150 or 66.9%. This property is overpriced, reflecting insufficient justification for its current market price.
Fair value modelled at €131,850 from 6 comparable sales in the area. Asking €220,000 sits €88,150 (66.9%) above — overpriced versus fair value.
Borba (São Bartolomeu), Borba, Évora area median of €96,672 (€848/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 +€35,178 versus the parish baseline.
Parish baseline €96,672 +€35,178 comparables adjustment = modelled fair value of €131,850 (€1,157/m²), a €88,150 (66.9%) gap versus the €220,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Borba (São Bartolomeu) · 5da1d5 | Subject | €220,000 | €1,930 | — | 30 | 39 |
| União das Freguesias do Ameixial (Santa Vitória e São Bento) · 14403b | Active | €130,000 | €1,605 | 16.8% | 18 | 49 |
| Estremoz (Santa Maria e Santo André) · 144052 | Active | €230,000 | €920 | 52.3% | 62 | 47 |
| Estremoz (Santa Maria e Santo André) · 9dde95 | Active | €220,000 | €1,302 | 32.5% | 62 | 43 |
| rua de Santo António, 58 | Active | €195,000 | €520 | 73.1% | 45 | 39 |
| Median comp | €207,500 | €1,111 | 42.4% | 54 | 45 |
Long-term rental The property is currently overpriced, with a fair value of €131,850 compared to the listing price of €220,000, showing a significant gap of 66.9%. Additionally, with a gross yield of 0% and a condition score of 36/100, this 3-bed apartment would struggle to attract reliable long-term tenants in the rural Alentejo market. Buy-and-hold Investing in this property as a buy-and-hold strategy is risky given its current price of €220,000, which far exceeds its fair value of €131,850, representing an alarming 66.9% gap. The neighborhood’s low ratings in housing quality (39/100) and amenities further suggest that any expected appreciation in property value over time may not materialize effectively.
Economic and Tenant Instability The low economic stability score of 30/100 and tenant stability score of 40/100 indicate a high risk of fluctuating income and potential vacancy issues.
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