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 198 m². Located on rua dos Caçadores, Canaviais parish, Évora municipality, Évora district. This property features dual street access, enhancing parking convenience and providing easy entry options for residents and guests.
The valuation. The asking price of €450,000 sits below the fair value of €503,371, reflecting a discount of €53,371 or 10.6%. This indicates that the property is underpriced in the current market.
Fair value modelled at €503,371 from 6 comparable sales in the area. Asking €450,000 sits €53,371 (10.6%) below — the upside to fair value.
Asking €450,000 versus the rua dos Caçadores area baseline of €502,505 (€2,538/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 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 €502,505, adjusted for condition and micro-location, gives a modelled fair value of €503,371 (€2,542/m²), a €53,371 (10.6%) gap versus the €450,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua dos Caçadores | Subject | €450,000 | €2,273 | — | 70 | 44 |
| Canaviais · 8311bf | Active | €450,000 | €2,074 | 8.8% | 70 | 42 |
| largo do Antigo Café Plátano | Active | €475,000 | €1,979 | 12.9% | 60 | 40 |
| rua da Escola, 4 | Active | €230,000 | €2,738 | 20.5% | 58 | 38 |
| rua do Fragoso, 11 | Active | €298,000 | €2,346 | 3.2% | 50 | 45 |
| Median comp | €374,000 | €2,210 | 2.8% | 59 | 41 |
Long-term rental The property in Canaviais presents a solid long-term rental opportunity with a fair value gap of 10.6%, indicating it is positioned below market trends. With a gross yield of 3.1% and a relatively stable rural environment, it could provide consistent rental income for the right tenant demographic. Family rental This 3-bed house could attract families seeking a peaceful rural lifestyle, especially with its proximity to basic needs while offering a fair value that suggests it's priced competitively. The property's condition score of 67/100 indicates it is livable for families, although it may require minor improvements to fully meet family expectations. Student housing Given Évora's university presence, this home could be converted into student housing, taking advantage of the fair value indication of being 10.6% underpriced. However, the limited amenities in the rural area may deter some students, potentially impacting occupancy rates, but the property remains viable for this strategy. Short-term vacation rental The rural Alentejo location and limited amenities make this property less ideal for short-term vacation rentals, despite its appealing living space. Additionally, the 3.1% yield may not be sufficient to cover the volatility typically associated with the short-term rental market. Luxury market Due to its location in Canaviais, this property is not suitable for the luxury market as it lacks the necessary appeal and amenities that high-end buyers typically seek. The existing condition score suggests that significant investment would be needed to upgrade this home for luxury standards. Buy-and-hold The intrinsic market limitations and condition of this property indicate it may not be the best candidate for a buy-and-hold strategy. While there is potential for appreciating value, the rural setting and low neighborhood ratings support a more cautious approach for long-term investment in this asset.
High Economic Risk With an economic stability score of 35/100, there is a significant risk of economic downturn impacting rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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