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.
4-bedroom, 6-bathroom country_house of 214 m², built in 1950, energy rating F. Located on estrada da Afeiteira, Vendas Novas parish, Vendas Novas municipality, Évora district. This property features a unique outdoor integration with spaces like a double barbecue and sauna surrounded by olive trees, enhancing its appeal for leisure and relaxation.
The valuation. The asking price of €1,850,000 is significantly above the fair value of €459,541, representing a shocking 302.6% overvaluation. This disparity indicates the property is overpriced for market conditions. Buy-to-flip angle. Resale opportunities appear bleak due to the inflated pricing, making a buy-to-flip strategy risky and unlikely to yield profits. The current market trend does not support profitable flips at this asking price. Buy-to-let angle. With a gross yield of 0%, the property is not positioned for rental success, as the estimated income would not cover ownership costs. Long-term rental strategies are not viable under the current financial scenario.
Fair value modelled at €459,541 from 6 comparable sales in the area. Asking €1,850,000 sits €1,390,459 (302.6%) above — overpriced versus fair value.
Asking €1,850,000 versus the estrada da Afeiteira area baseline of €325,212 (€1,520/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €325,212, adjusted for condition and micro-location, gives a modelled fair value of €459,541 (€2,147/m²), a €1,390,459 (302.6%) gap versus the €1,850,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada da Afeiteira | Subject | €1,850,000 | €8,645 | — | 78 | 54 |
| Pegões · 4391f1 | Active | €595,000 | €2,449 | 71.7% | 70 | 55 |
| Pegões · 6fbe01 | Active | €529,900 | €2,128 | 75.4% | 74 | 54 |
| Pegões · 0dcfc0 | Active | €650,000 | €2,167 | 74.9% | — | 57 |
| rua Fonte do Nico | Active | €410,000 | €1,916 | 77.8% | 74 | 66 |
| Median comp | €562,450 | €2,148 | 75.2% | 74 | 56 |
Long-term rental The property in Vendas Novas is priced significantly above its fair value, making it an unattractive option for long-term rental investments, with a gap of 302.6%. Additionally, the lack of yield and a low neighbourhood rating of 54/100 suggests limited potential for tenant demand and rental income. Buy-and-hold Considering the current valuation of €1,850,000 versus a fair value of €459,541, the buy-and-hold strategy is not advisable, as the property is overpriced by over 300%. Furthermore, the condition rating of 80/100 and the economic dynamics of the area do not justify this significant investment.
Economic and Tenant Instability The economic stability score of 50/100 and tenant stability score of 55/100 indicate elevated risks of fluctuating income and potential tenant turnover, which could impact overall revenue.
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