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 house of 113 m², built in 2002, energy rating E. Located on avenida Sanches de Miranda, 5, Malagueira e Horta das Figueiras parish, Évora municipality, Évora district. Noteworthy Features: This property includes access to an attic that offers potential for additional living space or storage, along with a private yard ideal for outdoor activities.
The valuation. The asking price of €293,000 is significantly above the fair value of €256,169, creating an overpricing gap of €36,831 or 14.4%. This position reflects a less favorable investment opportunity. Buy-to-flip angle. Utilizing a buy-to-flip strategy might yield limited profit due to the overpriced nature of the property, necessitating careful consideration of renovation costs and market conditions. A suitable resale price may be difficult to achieve. Buy-to-let angle. With a gross yield of 3.9%, estimated rental income around €952/month supports a buy-to-let strategy. However, the mixed neighborhood rating of 44/100 may impact tenant demand and rental stability.
Fair value modelled at €256,169 from 6 comparable sales in the area. Asking €293,000 sits €36,831 (14.4%) above — overpriced versus fair value.
Asking €293,000 versus the avenida Sanches de Miranda, 5 area baseline of €238,949 (€2,115/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 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 €238,949, adjusted for condition and micro-location, gives a modelled fair value of €256,169 (€2,267/m²), a €36,831 (14.4%) gap versus the €293,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Sanches de Miranda, 5 | Subject | €293,000 | €2,593 | — | 70 | 44 |
| Malagueira e Horta das Figueiras · 162397 | Active | €339,000 | €2,421 | 6.6% | — | 38 |
| rua do Telhal, 46 | Active | €280,000 | €2,188 | 15.6% | 71 | 41 |
| largo do Antigo Café Plátano | Active | €475,000 | €1,979 | 23.7% | 60 | 40 |
| Malagueira e Horta das Figueiras · f10a8e | Active | €475,000 | €2,074 | 20.0% | — | 38 |
| Median comp | €407,000 | €2,131 | 17.8% | 66 | 39 |
Long-term rental The property, priced at €293,000, exceeds its fair value of €256,169 by 14.4%, indicating an overpriced status that may limit rental profitability. With a gross yield of 3.9% and a neighbourhood rating of 44/100, the investment may encounter challenges in attracting quality tenants. Buy-and-hold Investing in this property for a long-term hold is not ideal given its current overvaluation at €293,000 versus a fair value of €256,169, leading to a concerning 14.4% gap. Additionally, the neighbourhood's low score of 44/100 may hinder appreciation potential in the future, making this a less compelling buy-and-hold opportunity.
Economic and Tenant Instability The low economic stability score of 40/100 combined with a tenant stability score of 50/100 indicates a potential risk of volatile rental income and increased vacancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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