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 apartment of 72 m², energy rating E. Located Bacelo e Senhora da Saúde parish, Évora municipality, Évora district. Noteworthy Features: This ground floor apartment includes a fully remodeled kitchen and is positioned in a locality known for its vibrant community and accessibility to local amenities.
The valuation. The asking price of €230,000 sits 10.2% above the fair value of €208,727. Given this modest premium, the property is assessed as being priced fairly relative to market expectations.
Fair value modelled at €208,727 from 5 comparable sales in the area. Asking €230,000 sits €21,273 (10.2%) above — overpriced versus fair value.
Asking €230,000 versus the Bacelo e Senhora da Saúde, Évora, Évora area baseline of €177,183 (€2,461/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 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 €177,183, adjusted for condition and micro-location, gives a modelled fair value of €208,727 (€2,899/m²), a €21,273 (10.2%) gap versus the €230,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Bacelo e Senhora da Saúde · a808c9 | Subject | €230,000 | €3,194 | — | 65 | 38 |
| rua Henrique de Menezes, 4 | Active | €265,000 | €2,054 | 35.7% | 70 | 38 |
| rua do Redondo | Active | €425,500 | €4,255 | 33.2% | 55 | 38 |
| travessa das Avenidas, 2 | Active | €251,000 | €3,347 | 4.8% | 80 | 43 |
| rua Alexandre Rosado | Active | €287,000 | €2,899 | 9.2% | 70 | 42 |
| Median comp | €276,000 | €3,123 | 2.2% | 70 | 40 |
Long-term rental The property in Bacelo e Senhora da Saúde presents a fair valuation with a fair value of €208,727, indicating stability in the long-term rental market. With a gross yield of 4.3%, it offers reasonable potential for steady income despite its rural location and relatively low neighborhood ratings. Buy-and-hold Investing in this 2-bed apartment as a buy-and-hold strategy may yield modest returns, especially with the current valuation at €230,000, which is fair but does not present a significant upside. Given the region's rural character and limited amenities, long-term appreciation may be constrained, impacting overall investment performance.
High Economic and Tenant Instability The property is at risk due to low economic and tenant stability scores of 35/100, indicating a potentially volatile rental market and unreliable tenant base.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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