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 83 m². Located São Manços e São Vicente do Pigeiro parish, Évora municipality, Évora district. Noteworthy Features: This property includes a garden of 141.13 m², providing ample outdoor space for relaxation or gardening in the tranquil Alentejo countryside.
The valuation. The asking price of €220,000 is significantly above the fair value of €106,311, representing a 106.9% premium. This indicates that the property is overpriced compared to the market's assessment of its worth.
Fair value modelled at €106,311 from 6 comparable sales in the area. Asking €220,000 sits €113,689 (106.9%) above — overpriced versus fair value.
São Manços e São Vicente do Pigeiro, Évora, Évora area median of €196,793 (€2,371/m²) for a property of this size — the starting reference point before comparable sales are factored in.
6 comparable sales in the area adjust the estimate by -€90,482 versus the parish baseline.
Parish baseline €196,793 -€90,482 comparables adjustment = modelled fair value of €106,311 (€1,281/m²), a €113,689 (106.9%) gap versus the €220,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Manços e São Vicente do Pigeiro · 82900c | Subject | €220,000 | €2,651 | — | 74 | 41 |
| rua Doutor Jacinto Nunes, 41 | Active | €269,000 | €1,212 | 54.3% | 70 | 38 |
| Estremoz (Santa Maria e Santo André) · 5da0fe | Active | €135,000 | €1,350 | 49.1% | 71 | 43 |
| Salvador e Santa Maria da Feira · 831377 | Active | €130,000 | €2,167 | 18.3% | 65 | 45 |
| Montoito · a80718 | Active | €120,000 | €1,008 | 62.0% | 55 | 44 |
| Median comp | €132,500 | €1,281 | 51.7% | 68 | 44 |
Long-term rental Long-term rental potential is weak given that the property is overpriced at €220,000 when its fair value is only €106,311, resulting in a significant gap of 106.9%. Additionally, the low quality of the neighborhood (41/100) and a gross yield of 0% suggest that this investment may not generate any returns for the foreseeable future. Buy-and-hold Investing in a buy-and-hold strategy is not advisable due to the property's overpriced status at €220,000, which is substantially above its fair value of €106,311. The rural location and dependency on a car for amenities further diminish the long-term appreciation potential and rental demand of this investment.
Economic Vulnerability A low economic stability score of 35/100 indicates significant vulnerability to market fluctuations, potentially impacting rental income and property value.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
