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 apartment of 72 m², energy rating C. Located on avenida Fernando Pessoa, 27, Bacelo e Senhora da Saúde parish, Évora municipality, Évora district. Noteworthy Features: This ground floor apartment boasts direct street access and lies within a tranquil neighborhood, offering a practical layout ideal for both living and working from home.
The valuation. The asking price of €230,000 is €23,636 (11.5%) above the fair value of €206,364, indicating that the property is overpriced. This discrepancy suggests potential challenges for recovery in value upon resale.
Fair value modelled at €206,364 from 4 comparable sales in the area. Asking €230,000 sits €23,636 (11.5%) above — overpriced versus fair value.
Asking €230,000 versus the avenida Fernando Pessoa, 27 area baseline of €196,510 (€2,729/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 €196,510, adjusted for condition and micro-location, gives a modelled fair value of €206,364 (€2,866/m²), a €23,636 (11.5%) gap versus the €230,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Fernando Pessoa, 27 | Subject | €230,000 | €3,194 | — | 60 | 41 |
| rua do Redondo | Active | €425,500 | €4,255 | 33.2% | 55 | 38 |
| Malagueira e Horta das Figueiras · a6d4e6 | Active | €340,000 | €2,833 | 11.3% | — | 42 |
| rua Alexandre Rosado | Active | €287,000 | €2,899 | 9.2% | 70 | 42 |
| rua Henrique de Menezes, 4 | Active | €265,000 | €2,054 | 35.7% | 70 | 38 |
| Median comp | €313,500 | €2,866 | 10.3% | 70 | 40 |
Long-term rental The 2-bed apartment in Bacelo e Senhora da Saúde is characterized by a fair value of €206,364, indicating it is overpriced at the listing price of €230,000, with an 11.5% gap. The gross yield of 4.5% does not sufficiently compensate for the premium above fair market value, making it a less attractive long-term rental investment. Family rental With a listing price of €230,000 against a fair value of €206,364, this property is overpriced by 11.5%, which diminishes its potential as a family rental. Although rural areas typically have low crime, the neighbourhood score of 41/100 suggests limited appeal for families looking for quality living environments.
Economic Vulnerability The economic stability score of 35/100 indicates a high risk of economic downturns that could negatively impact property values and tenant occupancy.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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