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.
7-bedroom, 3-bathroom house of 318 m². Located Estremoz (Santa Maria e Santo André) parish, Estremoz municipality, Évora district. Unique feature: The property offers potential for creating three independent apartments, capitalizing on the burgeoning tourism market in central Estremoz and its proximity to key attractions.
The valuation. The asking price of €250,000 sits €33,349 (11.8%) below the fair value of €283,349, indicating that the property is reasonably priced. This aligns with its valuation verdict of fair.
Fair value modelled at €283,349 from 6 comparable sales in the area. Asking €250,000 sits €33,349 (11.8%) below — the upside to fair value.
Asking €250,000 versus the Estremoz (Santa Maria e Santo André), Estremoz, Évora area baseline of €293,575 (€923/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 22/100 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 €293,575, adjusted for condition and micro-location, gives a modelled fair value of €283,349 (€891/m²), a €33,349 (11.8%) gap versus the €250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Estremoz (Santa Maria e Santo André) · 57fac4 | Subject | €250,000 | €786 | — | 18 | 43 |
| rua da Correias | Active | €125,000 | €817 | 3.9% | 25 | 39 |
| Estremoz (Santa Maria e Santo André) · ee87f4 | Active | €190,000 | €619 | 21.3% | 36 | 38 |
| Estremoz (Santa Maria e Santo André) · 5e6158 | Active | €300,000 | €1,083 | 37.8% | 60 | 43 |
| Estremoz (Santa Maria e Santo André) · 829039 | Active | €180,000 | €2,118 | 169.4% | 29 | 48 |
| Median comp | €185,000 | €950 | 20.8% | 33 | 41 |
Long-term rental Despite the property being priced at €250,000, slightly below its fair value of €283,349, the overall appeal for long-term rental is limited due to a gross yield of 0% and a low condition rating of 22/100. This suggests that while the gap to fair value is small, the property does not present an attractive opportunity for stable rental income due to its location and condition. Agricultural investment The agricultural-centric economy in the rural area of Alentejo may provide potential for investment, yet the property’s condition and neighbourhood quality ratings of 22/100 and 43/100, respectively, indicate significant renovation needs. Thus, while the asset is in line with fair value, it may not deliver the expected productivity that a robust agricultural investment would require.
High Vacancy Risk With an economic stability score of 35/100 and a tenant stability score of 50/100, there is a heightened risk of prolonged vacancies due to fluctuating tenant retention and overall economic instability.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
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.
Log in to buy the report or use a credit
