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.
8-bedroom, 6-bathroom country_estate of 1085 m², built in 1951, energy rating E. Located on rua Vila de Redondo, Redondo parish, Redondo municipality, Évora district. Noteworthy Feature: This estate boasts 35 hectares of land with a high-yield vineyard and plans for unique wine barrel-style accommodations to enhance agritourism offerings.
The valuation. The asking price of €4,850,000 is substantially higher than the fair value of €1,362,319, representing an excessive markup of €3,487,681 (256.0%). This property is unequivocally overpriced.
Fair value modelled at €1,362,319 from 6 comparable sales in the area. Asking €4,850,000 sits €3,487,681 (256.0%) above — overpriced versus fair value.
Asking €4,850,000 versus the rua Vila de Redondo area baseline of €470,312 (€433/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €470,312, adjusted for condition and micro-location, gives a modelled fair value of €1,362,319 (€1,256/m²), a €3,487,681 (256.0%) gap versus the €4,850,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Vila de Redondo | Subject | €4,850,000 | €4,470 | — | 75 | 42 |
| Rio de Moinhos · a809d9 | Active | €117,000 | €770 | 82.8% | 68 | 41 |
| Alandroal, São Brás dos Matos e Juromenha · a809f1 | Active | €203,000 | €1,420 | 68.2% | 55 | 35 |
| Glória · 5b8774 | Active | €155,000 | €1,240 | 72.3% | — | 43 |
| avenida Doctor Barahona | Active | €289,000 | €3,360 | 24.8% | — | 39 |
| Median comp | €179,000 | €1,330 | 70.2% | 62 | 40 |
Long-term rental The property at Redondo is significantly overpriced at €4,850,000, with a fair value estimate of only €1,362,319, highlighting a 256% gap. Additionally, the 0% yield and low neighborhood score of 42/100 suggest that it will be challenging to attract sustained long-term tenants. Family rental Although the property boasts ample space with 8 bedrooms, its significant overpricing compared to the fair value of €1,362,319 at €4,850,000 makes it a poor investment choice for family rentals. The limited economic access and amenities in the rural Alentejo location further detract from its attractiveness to potential family tenants.
Economic and Tenant Instability With both economic stability and tenant stability scores at 40/100, there is a significant risk of decreased cash flow and high tenant turnover, potentially affecting overall investment returns.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
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.
Sign in to buy the report or use a credit
