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, 4-bathroom house of 154 m², built in 1974, energy rating E. Located Nossa Senhora da Conceição e São Bartolomeu parish, Vila Viçosa municipality, Évora district. This property boasts a unique location adjacent to the historic Ducal Palace and Castle of Vila Viçosa, providing a rare opportunity for cultural immersion and sightseeing right at your doorstep.
The valuation. The asking price of €225,000 is significantly below the fair value of €294,609, representing a compelling discount of €69,609 (23.6%). This indicates a strong opportunity for investment against the backdrop of current market conditions.
Fair value modelled at €294,609 from 5 comparable sales in the area. Asking €225,000 sits €69,609 (23.6%) below — the upside to fair value.
Asking €225,000 versus the Nossa Senhora da Conceição e São Bartolomeu, Vila Viçosa, Évora area baseline of €262,843 (€1,707/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €262,843, adjusted for condition and micro-location, gives a modelled fair value of €294,609 (€1,913/m²), a €69,609 (23.6%) gap versus the €225,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Nossa Senhora da Conceição e São Bartolomeu · a808a0 | Subject | €225,000 | €1,461 | — | 62 | 43 |
| Estremoz (Santa Maria e Santo André) · 5da202 | Active | €230,000 | €2,300 | 57.4% | 70 | 50 |
| Estremoz (Santa Maria e Santo André) · 5da0fe | Active | €135,000 | €1,350 | 7.6% | 71 | 43 |
| Estremoz (Santa Maria e Santo André) · 144052 | Active | €230,000 | €920 | 37.0% | 62 | 47 |
| Borba (São Bartolomeu) · a80207 | Active | €220,000 | €1,913 | 30.9% | 42 | 34 |
| Median comp | €225,000 | €1,632 | 11.7% | 66 | 45 |
Long-term rental The property is subvalued at €225,000, presenting a 23.6% gap relative to its fair value of €294,609, making it an appealing option for long-term rental investors. Despite a lower gross yield of 3.5%, the property’s reasonable price relative to fair market value supports stable rental income over time. Buy-and-hold Acquiring this property allows for potential appreciation, as it is assessed significantly below the fair value, promoting long-term growth. The current neighbourhood rating of 43/100 indicates potential for future improvement, aligning with a buy-and-hold strategy focused on value appreciation. Not ideal for short-term rental The property’s rural location and low neighbourhood rating of 43/100 limits its appeal for a short-term rental strategy, as demand is expected to be minimal in such areas. Not ideal for luxury market Given the rural Alentejo setting and overall low condition score of 65/100, the property does not align with characteristics sought in the luxury market, where higher quality and amenities are essential.
High Economic Risk With an economic stability score of only 30/100, the property is at risk due to a potentially declining local economy that could adversely affect rental income and property values.
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.
Sign in to buy the report or use a credit
