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.
2-bedroom, 1-bathroom country_house of 99 m², built in 1996, energy rating E. Located Santiago Maior parish, Alandroal municipality, Évora district. Distinct Feature: The property boasts an operational olive grove, enhancing its rural appeal and offering opportunities for agricultural endeavors in keeping with regional traditions. Condition Notes: Despite signs of age, the buildings are generally well-maintained, featuring inviting design elements that add charm.
The valuation. The asking price of €190,000 is slightly beneath the fair value of €191,469, positioning this property at a fair valuation with a marginal difference of €1,469 (0.8%).
Fair value modelled at €191,469 from 6 comparable sales in the area. Asking €190,000 sits €1,469 (0.8%) below — the upside to fair value.
Asking €190,000 versus the Santiago Maior, Alandroal, Évora area baseline of €177,589 (€1,794/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 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 €177,589, adjusted for condition and micro-location, gives a modelled fair value of €191,469 (€1,934/m²), a €1,469 (0.8%) gap versus the €190,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santiago Maior · 57fda4 | Subject | €190,000 | €1,919 | — | 66 | 47 |
| rua de Reguengos S / N | Active | €1,700,000 | €3,926 | 104.6% | — | 39 |
| Reguengos de Monsaraz · a46623 | Active | €250,000 | €2,137 | 11.3% | 60 | 46 |
| Corval · a46721 | Active | €145,000 | €1,813 | 5.6% | — | 43 |
| rua da Boa União, 8 | Active | €185,000 | €2,056 | 7.1% | 73 | 34 |
| Median comp | €217,500 | €2,097 | 9.2% | 67 | 41 |
Long-term rental This property offers a limited yield of 0%, highlighting its suitability for long-term tenants rather than for immediate cash flow. The fair value assessment suggests that while the investment may not yield significant returns, it is fairly priced given the local market conditions. Family rental With a neighborhood score of 47/100, the property may attract families looking for rural living but lacks strong amenities for higher-income prospects. Given its fair value of €190,000, it presents a viable option for families seeking stability in a less urbanized environment.
Economic Instability Risk The property's economic stability score of 38/100 indicates a high risk of market fluctuations that could adversely affect property value and rental demand.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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