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, 2-bathroom house of 208 m², energy rating B. Located Malagueira e Horta das Figueiras parish, Évora municipality, Évora district. The outdoor space features a bioclimatic pergola, enhancing comfortable outdoor living and entertaining throughout the year, reflective of modern environmental design principles.
The valuation. The property is listed at €380,000, significantly below its fair value of €511,092, making it €131,092 (25.6%) underpriced. This presents an attractive opportunity for a savvy investor to acquire a well-valued asset.
Fair value modelled at €511,092 from 6 comparable sales in the area. Asking €380,000 sits €131,092 (25.6%) below — the upside to fair value.
Asking €380,000 versus the Malagueira e Horta das Figueiras, Évora, Évora area baseline of €419,446 (€2,017/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €419,446, adjusted for condition and micro-location, gives a modelled fair value of €511,092 (€2,457/m²), a €131,092 (25.6%) gap versus the €380,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Malagueira e Horta das Figueiras · 57fb17 | Subject | €380,000 | €1,827 | — | 75 | 45 |
| rua de Ourique | Active | €290,000 | €2,164 | 18.5% | 68 | 43 |
| rua Manuel Ribeiro de Pavia, 17 | Active | €390,000 | €2,635 | 44.2% | — | 48 |
| avenida Sanches de Miranda, 5 | Active | €293,000 | €2,593 | 41.9% | 70 | 44 |
| Bacelo e Senhora da Saúde · a4671b | Active | €325,000 | €2,321 | 27.1% | 60 | 40 |
| Median comp | €309,000 | €2,457 | 34.5% | 68 | 44 |
Long-term rental The property presents an opportunity for a long-term rental strategy, given its fair value of €511,092, indicating a significant gap of 25.6% below fair market value. The gross yield of 3.4% suggests a stable income potential within the real estate framework of this area. Family rental For family rentals, this house is well-positioned to attract tenants seeking stable accommodations in Évora despite the neighborhood's lower quality score of 45/100. The property’s size of 208m² and reasonable condition rating of 77/100 make it suitable for families looking for space and comfort at a competitive price. Buy-and-hold Investing in this property as a buy-and-hold strategy aligns well with its fair value assessment and potential appreciation over time, particularly considering its gap of 25.6% from fair market value. While the neighborhood has room for improvement, the solid condition of the house offers a foundation for long-term investment growth in the Alentejo region.
High Economic Risk: With an economic stability score of 35/100, the area may experience significant fluctuations, impacting rental income and property value.
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