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, 1-bathroom apartment of 88 m² on the 12th floor, energy rating C. Located Évora (São Mamede, Sé, São Pedro e Santo Antão) parish, Évora municipality, Évora district. Noteworthy Features: Two balconies enhance the apartment's functionality, ideal for drying clothes or enjoying outdoor space, while the well-maintained interior showcases high-quality modern finishes.
The valuation. The asking price of €270,000 is €14,889 or 5.8% above fair value of €255,111. This places the property at a fair valuation, indicating a balanced market perspective. Buy-to-flip angle. The buy-to-flip strategy focuses on cosmetic upgrades to maximize short-term resale value, targeting a price increase within a competitive timeline. Buy-to-let angle. Implementing a rental income strategy, the estimated gross yield of 4.2% allows for an approximate monthly income of €945, appealing to long-term tenants despite limited local economic activity.
Fair value modelled at €255,111 from 6 comparable sales in the area. Asking €270,000 sits €14,889 (5.8%) above — overpriced versus fair value.
Asking €270,000 versus the Évora (São Mamede, Sé, São Pedro e Santo Antão), Évora, Évora area baseline of €167,287 (€1,901/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €167,287, adjusted for condition and micro-location, gives a modelled fair value of €255,111 (€2,899/m²), a €14,889 (5.8%) gap versus the €270,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Évora (São Mamede, Sé, São Pedro e Santo Antão) · 57fd76 | Subject | €270,000 | €3,068 | — | 75 | 43 |
| rua Alexandre Rosado | Active | €287,000 | €2,899 | 5.5% | 70 | 42 |
| rua Alexandre Rosado, 36 | Active | €287,000 | €2,899 | 5.5% | 75 | 42 |
| rua Alexandre Rosado | Active | €287,000 | €2,899 | 5.5% | 72 | 39 |
| rua Henrique de Menezes, 4 | Active | €265,000 | €2,054 | 33.0% | 70 | 38 |
| Median comp | €287,000 | €2,899 | 5.5% | 71 | 41 |
Long-term rental The property has a fair value of €255,111 compared to a listing price of €270,000, indicating it is fairly priced in the market. With a gross yield of 4.2%, it remains a relatively stable investment despite the modest demand in the local rural market. Family rental As a family rental, the apartment could appeal to tenants due to its size and reasonable condition, which is rated at 80/100. However, the neighborhood's rating of 43/100 and limited economic activity may restrict tenant options, keeping potential returns moderate at best.
High Economic Instability With an economic stability score of 30/100, there's a significant risk of decreased property values and potential difficulties in tenant retention due to poor local economic conditions.
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