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, 2-bathroom house of 240 m². Located on largo do Antigo Café Plátano, Malagueira e Horta das Figueiras parish, Évora municipality, Évora district. Noteworthy Features: The property boasts spacious private outdoor areas and is situated just minutes from the Historic Center, enhancing its appeal for potential buyers. Features Destacáveis: A propriedade dispõe de amplas áreas ao ar livre e está situada a poucos minutos do Centro Histórico, o que aumenta seu apelo para potenciais compradores.
The valuation. The asking price of €475,000 is significantly below fair value of €674,343, making it €199,343 (29.6%) underpriced. This presents an attractive opportunity for discerning investors. Buy-to-flip angle. A buy-to-flip strategy could capitalize on the existing condition score of 61/100, targeting renovations to enhance the property’s appeal and potentially reselling at a premium. Buy-to-let angle. For a rental income strategy, the estimated gross yield of 2.3% suggests a rental potential of around €910 per month for this property, appealing to long-term tenants in the area.
Fair value modelled at €674,343 from 6 comparable sales in the area. Asking €475,000 sits €199,343 (29.6%) below — the upside to fair value.
Asking €475,000 versus the largo do Antigo Café Plátano area baseline of €698,822 (€2,912/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 61/100 is below the parish average, reducing 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 €698,822, adjusted for condition and micro-location, gives a modelled fair value of €674,343 (€2,810/m²), a €199,343 (29.6%) gap versus the €475,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| largo do Antigo Café Plátano | Subject | €475,000 | €1,979 | — | 60 | 40 |
| rua do Fragoso, 11 | Active | €298,000 | €2,346 | 18.6% | 50 | 45 |
| travessa da Piçarra | Active | €235,000 | €3,456 | 74.6% | 60 | 44 |
| rua do Telhal, 46 | Active | €280,000 | €2,188 | 10.5% | 71 | 41 |
| rua Padre Francisco José Assis, 20 | Active | €350,000 | €3,241 | 63.7% | 68 | 41 |
| Median comp | €289,000 | €2,794 | 41.1% | 64 | 43 |
Long-term rental With a fair value of €674,343, this property presents a significant opportunity for long-term rental at a listing price of €475,000, reflecting a gap of 29.6%. Although the current gross yield of 2.3% is modest, the potential for appreciation in a rural area such as Évora could provide long-term financial benefits. Value-add renovation Given the property’s current condition rating of 61/100, strategic renovations could enhance its appeal and increase the overall property value significantly above the €475,000 listing price. The existing gap from fair value suggests that repositioning this asset through value-add strategies could yield lucrative returns in the medium to long term. Family rental This 3-bed house is an attractive option for family rentals, especially considering its subvalorizada status and spacious layout within a low-density neighborhood in Évora. Families seeking a tranquil environment will likely appreciate the property, making it a stable investment for long-term occupancy.
High Vacancy Risk The low Economic Stability score of 35/100 and Tenant Stability score of 45/100 indicate a risk of high vacancy rates, suggesting potential difficulty in retaining tenants and generating consistent rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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