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.
4-bedroom, 2-bathroom country_house of 743 m². Located on praça do Giraldo, Malagueira e Horta das Figueiras parish, Évora municipality, Évora district. Noteworthy Features: The estate includes several structures related to its historical rural use, such as a stable, old agricultural warehouses, and a well, offering diverse utilization opportunities.
The valuation. The asking price of €1,490,000 sits below the fair value of €1,574,571 by €84,571 (5.4%). This property is fairly valued within the current market context. Buy-to-flip angle. A resale strategy focusing on improvements could capitalize on the property's rustic appeal and elevate its value significantly in the country market. Targeting buyers seeking a charming retreat should facilitate a successful flip. Buy-to-let angle. The property has potential for long-term rental income, especially if enhanced by renovations to appeal to family tenants or vacationers seeking rural experiences. Given the gross yield of 0%, strategic improvements could increase rental profitability.
Fair value modelled at €1,574,571 from 6 comparable sales in the area. Asking €1,490,000 sits €84,571 (5.4%) below — the upside to fair value.
Asking €1,490,000 versus the praça do Giraldo area baseline of €1,391,121 (€1,872/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 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 €1,391,121, adjusted for condition and micro-location, gives a modelled fair value of €1,574,571 (€2,119/m²), a €84,571 (5.4%) gap versus the €1,490,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praça do Giraldo | Subject | €1,490,000 | €2,005 | — | 66 | 43 |
| rua dos Caçadores | Active | €450,000 | €2,273 | 13.3% | 70 | 44 |
| Malagueira e Horta das Figueiras · f10a8e | Active | €475,000 | €2,074 | 3.4% | — | 38 |
| largo do Antigo Café Plátano | Active | €475,000 | €1,979 | 1.3% | 60 | 40 |
| Canaviais · 8311bf | Active | €450,000 | €2,074 | 3.4% | 70 | 42 |
| Median comp | €462,500 | €2,074 | 3.4% | 70 | 41 |
Long-term rental The property offers a stable income opportunity given the rural setting, yet the current yield of 0% indicates that it may not attract tenants easily due to its neighbourhood rating of 43/100. With a fair value of €1,574,571, the price of €1,490,000 reflects a reasonable entry point, but it may be challenging to generate cash flow in the long term. Value-add renovation A value-add strategy could enhance the appeal of this country house, as its current condition rating of 65/100 suggests room for improvement. While the fair value indicates that the property is priced appropriately at €1,490,000 compared to €1,574,571, any renovation efforts must account for the limitations posed by its location and overall neighbourhood desirability.
Low Tenant Retention Risk With a tenant stability score of 50/100, there is a significant risk of tenant turnover impacting rental income and property value.
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