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 59 m², energy rating E. Located on rua Professor Egas Moniz, 24, Nossa Senhora da Vila, Nossa Senhora do Bispo e Silveiras parish, Montemor-o-Novo municipality, Évora district. The rear courtyard features a well, offering potential for gardening and enhanced water efficiency in the urban center, while the side yard provides versatile utility for storage or small outdoor activities.
The valuation. The asking price of €195,000 is significantly above the fair value of €98,297, resulting in a difference of €96,703 (98.4%). This property is considered overpriced. Buy-to-flip angle. Given its condition with a score of 63/100, value-add renovations could enhance the property’s appeal, targeting an updated resale price that capitalizes on local market demand. Buy-to-let angle. With an estimated gross rental yield of 3.9% (around €634/month), this property could serve as a long-term rental investment, appealing to tenants looking for basic yet functional living near Setúbal.
Fair value modelled at €98,297 from 6 comparable sales in the area. Asking €195,000 sits €96,703 (98.4%) above — overpriced versus fair value.
Asking €195,000 versus the rua Professor Egas Moniz, 24 area baseline of €52,938 (€897/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 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 €52,938, adjusted for condition and micro-location, gives a modelled fair value of €98,297 (€1,666/m²), a €96,703 (98.4%) gap versus the €195,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Professor Egas Moniz, 24 | Subject | €195,000 | €3,305 | — | 65 | 51 |
| praceta de Santa Catarina, 92 | Active | €475,000 | €1,979 | 40.1% | 55 | 36 |
| Nossa Senhora da Vila, Nossa Senhora do Bispo e Silveiras · 831144 | Active | €238,000 | €4,175 | 26.3% | 20 | 53 |
| Gafanhoeira (São Pedro) e Sabugueiro · 5e6344 | Active | €245,000 | €638 | 80.7% | 73 | 47 |
| Nossa Senhora da Vila, Nossa Senhora do Bispo e Silveiras · 523041 | Active | €200,000 | €1,205 | 63.5% | — | 48 |
| Median comp | €241,500 | €1,592 | 51.8% | 55 | 48 |
Long-term rental The property, with a gross yield of 3.9%, is unlikely to generate satisfactory rental income due to the significant gap of 98.4% above fair value. With a neighbourhood rating of 51/100, attracting quality tenants may also prove challenging. Value-add renovation Despite its 63/100 condition, the cost of renovations may not justify the potential increase in property value given the extensive gap from fair value. Investments in value-add renovations will be risky, as the property is already overpriced and offers limited upside potential in a less desirable location. Not ideal for luxury market With a neighbourhood score of 51/100, this property does not meet the standards expected in the luxury market. The industrial and rural influences in the area further detract from its appeal to high-end buyers. Not ideal for short-term rental The property’s location and condition make it less suited for short-term rentals, especially considering its high price relative to fair value. Additionally, the mix of industrial and rural influences may not attract the desired clientele for short-term stays.
Economic and Tenant Instability Risk The property faces significant investment risk due to a below-average economic stability score of 55/100 and a tenant stability score of 50/100, indicating potential difficulties in maintaining consistent rental income and property value appreciation.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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