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, 3-bathroom house of 122 m², built in 1995, energy rating D. Located Bacelo e Senhora da Saúde parish, Évora municipality, Évora district. Noteworthy Features: This property features a closed garage with electric vehicle charging sockets and a dedicated office space with direct backyard access, enhancing functionality for modern living.
The valuation. The asking price of €390,000 sits €48,603 (14.2%) above the fair value of €341,397, indicating that this property is overpriced in the current market. These figures suggest caution for potential buyers. Buy-to-flip angle. The strategy for resale may rely on enhancing aesthetic features and leveraging the high-quality materials to attract buyers, but the initial price point may limit potential profit margins. Quick renovations could be key for profitability. Buy-to-let angle. With an estimated gross yield of 3.1%, translating to around €1,008 monthly in rental income, the investment could serve as a family rental, appealing to those seeking comfort in a rural environment. The limited amenities might affect occupancy rates.
Fair value modelled at €341,397 from 6 comparable sales in the area. Asking €390,000 sits €48,603 (14.2%) above — overpriced versus fair value.
Asking €390,000 versus the Bacelo e Senhora da Saúde, Évora, Évora area baseline of €245,081 (€2,009/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €245,081, adjusted for condition and micro-location, gives a modelled fair value of €341,397 (€2,798/m²), a €48,603 (14.2%) gap versus the €390,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Bacelo e Senhora da Saúde · 57f5d9 | Subject | €390,000 | €3,197 | — | 75 | 48 |
| rua do Telhal, 46 | Active | €280,000 | €2,188 | 31.6% | 71 | 41 |
| avenida dos Salesianos | Active | €385,000 | €2,962 | 7.4% | 68 | 39 |
| rua Padre Francisco José Assis, 20 | Active | €350,000 | €3,241 | 1.4% | 68 | 41 |
| rua do Canteiro | Active | €495,000 | €4,626 | 44.7% | 73 | 36 |
| Median comp | €367,500 | €3,102 | 3.0% | 70 | 40 |
Buy-and-hold The property in Bacelo e Senhora da Saúde is overpriced by 14.2% compared to its fair value of €341,397, limiting the potential for long-term capital appreciation. With a gross yield of only 3.1% and a low neighborhood score of 48/100, this investment lacks appealing long-term returns and tenant demand. Family rental Although it could serve as a family rental, the poor amenities and low employment options in the rural setting contribute to a suboptimal tenant pool. At a listing price of €390,000, the property is overvalued compared to the fair value, making it a less attractive choice for family-long rentals.
High Vacancy Risk With an economic stability score of 30/100 and a tenant stability score of 40/100, there is a significant risk of high vacancy rates which can severely impact rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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