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, 3-bathroom house of 190 m², built in 2021, energy rating B. Located São Gregório e Santa Justa parish, Arraiolos municipality, Évora district. Noteworthy Features: This property uniquely preserves the character of traditional Alentejo architecture through the use of regional materials, such as tiles from São Pedro do Corval, seamlessly integrating modern updates.
The valuation. The asking price of €530,000 exceeds the fair value of €419,176 by €110,824, representing a 26.4% premium. This valuation indicates the property is overpriced relative to the market standards.
Fair value modelled at €419,176 from 6 comparable sales in the area. Asking €530,000 sits €110,824 (26.4%) above — overpriced versus fair value.
São Gregório e Santa Justa, Arraiolos, Évora area median of €244,340 (€1,286/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 +€174,836 versus the parish baseline.
Parish baseline €244,340 +€174,836 comparables adjustment = modelled fair value of €419,176 (€2,206/m²), a €110,824 (26.4%) gap versus the €530,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Gregório e Santa Justa · a807bf | Subject | €530,000 | €2,789 | — | 82 | 33 |
| rua Padre Francisco José Assis, 20 | Active | €350,000 | €3,241 | 16.2% | 68 | 41 |
| Nossa Senhora da Vila, Nossa Senhora do Bispo e Silveiras · a8058d | Active | €930,000 | €2,225 | 20.2% | — | 46 |
| rua do Telhal, 46 | Active | €280,000 | €2,188 | 21.6% | 71 | 41 |
| rua de Timor, 10 | Active | €259,000 | €1,579 | 43.4% | 65 | 44 |
| Median comp | €315,000 | €2,207 | 20.9% | 68 | 43 |
Long-term rental Given the property's current listing of €530,000 and a fair value of €419,176, the property appears overpriced by 26.4%, making it an unfavorable option for long-term rentals with zero gross yield. The neighborhood’s low score of 33/100 and limited economic activities suggest that finding quality tenants may be a challenge. Value-add renovation While the condition of the property scores 84/100, indicating it is in relatively good shape, the significant gap from fair value renders any potential value-add renovation less appealing. With the neighborhood lacking in amenities and economic vitality, the investment may not yield the expected returns, given the property’s overpriced status.
High Economic and Tenant Risk With an economic stability score of 30/100 and a tenant stability score of 35/100, the property faces significant risks related to potential financial instability and high tenant turnover.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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