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, 1-bathroom apartment of 122 m² on the 2nd floor, built in 1999, energy rating A. Located on praceta Natália Correia, 7, Malagueira e Horta das Figueiras parish, Évora municipality, Évora district. Noteworthy Features: The apartment's additional room (+1) offers versatile usage options, while the individual garage's direct access enhances convenience and security for residents.
The valuation. The asking price of €350,000 sits €51,857 (17.4%) above the fair value of €298,143, indicating that the property is overpriced compared to its true market worth.
Fair value modelled at €298,143 from 6 comparable sales in the area. Asking €350,000 sits €51,857 (17.4%) above — overpriced versus fair value.
Asking €350,000 versus the praceta Natália Correia, 7 area baseline of €292,156 (€2,395/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 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 €292,156, adjusted for condition and micro-location, gives a modelled fair value of €298,143 (€2,444/m²), a €51,857 (17.4%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Natália Correia, 7 | Subject | €350,000 | €2,869 | — | 62 | 44 |
| rua Alexandre Rosado | Active | €287,000 | €2,899 | 1.1% | 70 | 42 |
| Malagueira e Horta das Figueiras · a6d4e6 | Active | €340,000 | €2,833 | 1.2% | — | 42 |
| rua Henrique de Menezes, 4 | Active | €265,000 | €2,054 | 28.4% | 70 | 38 |
| rua do Redondo | Active | €425,500 | €4,255 | 48.3% | 55 | 38 |
| Median comp | €313,500 | €2,866 | 0.1% | 70 | 40 |
Long-term rental The €350,000 asking price represents a significant 17.4% premium over the fair value of €298,143, suggesting that this investment may not yield satisfactory returns. Although the gross yield of 3.9% is acceptable, the property is overpriced compared to the investment potential in the region, given the neighbourhood's low 44/100 rating. Family rental With the overall condition rated at 66/100, the property has potential for a family rental but remains overpriced at €350,000. In a rural setting where the amenities are limited, families may have reservations about paying a premium for a property with a fair value significantly lower than its asking price.
High Economic Risk The economic instability score of 30/100 indicates a significant risk of reduced property value and potential vacancy issues due to unfavorable market conditions.
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