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 77 m², built in 1997, energy rating D. Located Rio de Moinhos parish, Borba municipality, Évora district. Noteworthy Features: The property boasts a traditional Alentejo-style kitchen that enhances its regional charm and a versatile additional room suitable for various uses, from office to guest space.
The valuation. The asking price of €135,000 is slightly below fair value by €3,381 (2.4%), which positions this property as a reasonably priced investment in the current market. Buy-to-flip angle. A value-add renovation could increase its appeal, allowing for a profitable resale above the estimated fair market value. Buy-to-let angle. With an estimated monthly rental income of €506, this property offers a gross yield of 4.5%, making it an attractive option for long-term rental investment.
Fair value modelled at €138,381 from 6 comparable sales in the area. Asking €135,000 sits €3,381 (2.4%) below — the upside to fair value.
Asking €135,000 versus the Rio de Moinhos, Borba, Évora area baseline of €129,407 (€1,681/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 57/100 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 €129,407, adjusted for condition and micro-location, gives a modelled fair value of €138,381 (€1,797/m²), a €3,381 (2.4%) gap versus the €135,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Rio de Moinhos · ee88ea | Subject | €135,000 | €1,753 | — | 55 | 45 |
| largo das Hortas, 4 | Active | €120,000 | €1,791 | 2.2% | 60 | 46 |
| Borba (São Bartolomeu) · 16241f | Active | €220,000 | €1,930 | 10.1% | 55 | 44 |
| Veiros · 828e9d | Active | €220,000 | €1,803 | 2.9% | — | 45 |
| Estremoz (Santa Maria e Santo André) · 5da0fe | Active | €135,000 | €1,350 | 23.0% | 71 | 43 |
| Median comp | €177,500 | €1,797 | 2.5% | 60 | 45 |
Long-term rental Given the property’s yield of 4.5%, it may provide a reasonable return for long-term rental purposes despite its fair valuation at €135,000. However, the property’s neighborhood quality rated at 45/100 suggests that tenant demand may be limited, impacting the attractiveness of this investment strategy. Value-add renovation The property’s condition at 57/100 indicates potential for value-add renovations, which could enhance both its rental prospects and future resale value. While currently priced fairly, the renovation could help mitigate some neighborhood shortcomings and attract higher-quality tenants over time.
High Vacancy Risk The low Economic Stability score of 30/100 combined with a Tenant Stability score of 45/100 suggests a high likelihood of tenant turnover and potential vacancies, impacting cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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