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 154 m², energy rating E. Located Vendas Novas parish, Vendas Novas municipality, Évora district. The property includes an attic for additional storage, a garage for vehicle convenience, and expansive outdoor space enhancing privacy, suitable for gardening or recreation.
The valuation. The asking price of €215,000 is significantly below the fair value of €250,423, indicating an undervalued opportunity with a difference of €35,423 (14.1%). This suggests potential for appreciation upon resale or rental.
Fair value modelled at €250,423 from 6 comparable sales in the area. Asking €215,000 sits €35,423 (14.1%) below — the upside to fair value.
Asking €215,000 versus the Vendas Novas, Vendas Novas, Évora area baseline of €238,822 (€1,551/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 43/100 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 €238,822, adjusted for condition and micro-location, gives a modelled fair value of €250,423 (€1,626/m²), a €35,423 (14.1%) gap versus the €215,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vendas Novas · e834f9 | Subject | €215,000 | €1,396 | — | 45 | 50 |
| avenida Primeiro de Maio, 1 | Active | €330,000 | €2,063 | 47.7% | 52 | 58 |
| Nossa Senhora da Vila, Nossa Senhora do Bispo e Silveiras · 57fd44 | Active | €280,000 | €603 | 56.8% | — | 52 |
| rua António Sérgio, 48 | Active | €279,000 | €1,213 | 13.1% | 18 | 53 |
| Pegões · 23f4a5 | Active | €230,000 | €1,377 | 1.4% | — | 56 |
| Median comp | €279,500 | €1,295 | 7.2% | 35 | 55 |
Long-term rental The property in Vendas Novas is an attractive option for long-term rental due to its subvalued status, offering a 14.1% gap compared to its fair value. With a gross yield of 3.3%, investors can benefit from stable rental income in a semi-rural area that may appeal to families seeking tranquility. Buy-and-hold As a buy-and-hold strategy, this property shows potential given its fair value indication of €250,423, making it subvalued at €215,000. The semi-rural location can provide a steady appreciation in value over time, especially as the housing market stabilizes. Family rental Targeting families, this house presents an appealing investment as it is subvalued relative to its fair value, providing an opportunity for long-term tenants. The decent condition score of 43/100 offers a platform for families searching for spacious accommodations in a semi-rural setting reliant on car travel for amenities.
Economic Uncertainty The property's low economic stability score of 45/100 indicates a significant risk of fluctuating market conditions that could impact rental income and property value in the future.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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