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.
2-bedroom, 1-bathroom house of 119 m², built in 1991. Located Montoito parish, Redondo municipality, Évora district. Noteworthy Features: The house includes two additional storage rooms, offering ample space for organization or potential conversion into a small workspace. Condition Notes: Visible wear in several areas may require minor maintenance.
The valuation. The asking price of €120,000 is significantly below the fair value of €248,105, making the property underpriced by €128,105 (51.6%). This presents a unique opportunity in terms of immediate equity gain.
Fair value modelled at €248,105 from 6 comparable sales in the area. Asking €120,000 sits €128,105 (51.6%) below — the upside to fair value.
Montoito, Redondo, Évora area median of €81,277 (€683/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 +€166,828 versus the parish baseline.
Parish baseline €81,277 +€166,828 comparables adjustment = modelled fair value of €248,105 (€2,085/m²), a €128,105 (51.6%) gap versus the €120,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montoito · a80718 | Subject | €120,000 | €1,008 | — | 55 | 44 |
| rua da Escola, 4 | Active | €230,000 | €2,738 | 171.5% | 58 | 38 |
| Estremoz (Santa Maria e Santo André) · 144052 | Active | €230,000 | €920 | 8.8% | 62 | 47 |
| rua da Mostardeira | Active | €157,000 | €2,379 | 135.9% | 55 | 45 |
| largo das Hortas, 4 | Active | €120,000 | €1,791 | 77.6% | 60 | 46 |
| Median comp | €193,500 | €2,085 | 106.8% | 59 | 46 |
Long-term rental This property offers significant potential for a long-term rental strategy, given its listing price of €120,000 which is substantially below the fair value of €248,105, presenting a gap of 51.6%. With a condition score of 54/100 and a neighborhood score of 44/100, while not ideal, the investment could attract stable tenants looking for rural living. Buy-and-hold Investing in this property as a buy-and-hold strategy could yield substantial equity growth over time, supported by the current market listing significantly under its fair value. Despite the 0% gross yield at present, the sizeable disparity of 51.6% from fair market value suggests that patience could result in a favorable return on investment as the property appreciates.
Weak Economic Fundamentals With an economic stability score of 30/100, there is a significant risk of downturns affecting rental demand and property values in the area.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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