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 apartment of 95 m². Located on rua Doutor Francisco Vaqueiro, Bacelo e Senhora da Saúde parish, Évora municipality, Évora district. Noteworthy Features: This ground-floor apartment includes a spacious yard ideal for gardening or leisure activities, further enhanced by the convenience of an attached garage.
The valuation. The asking price of €275,000 is slightly below the fair value of €287,199, indicating a fair valuation with a modest discount of €12,199 (4.2%). This suggests a reasonable entry point for investment. Buy-to-flip angle. A buy-to-flip strategy could capitalize on the potential for modernization in this 2-bed apartment, targeting renovations that enhance appeal and ultimately lead to a higher resale value. Buy-to-let angle. Given the current condition and neighborhood rating of 42/100, a buy-to-let strategy may face challenges, as the estimated gross yield is 0%. Long-term family rentals would likely be most feasible in this area.
Fair value modelled at €287,199 from 6 comparable sales in the area. Asking €275,000 sits €12,199 (4.2%) below — the upside to fair value.
Asking €275,000 versus the rua Doutor Francisco Vaqueiro area baseline of €266,523 (€2,806/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 57/100 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 €266,523, adjusted for condition and micro-location, gives a modelled fair value of €287,199 (€3,023/m²), a €12,199 (4.2%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doutor Francisco Vaqueiro | Subject | €275,000 | €2,895 | — | 60 | 42 |
| avenida Fernando Pessoa, 27 | Active | €230,000 | €3,194 | 10.4% | 60 | 41 |
| rua do Redondo | Active | €425,500 | €4,255 | 47.0% | 55 | 38 |
| Bacelo e Senhora da Saúde · a808c9 | Active | €230,000 | €3,194 | 10.4% | 65 | 38 |
| rua Frei José Maria, 13 | Active | €308,000 | €2,852 | 1.5% | 65 | 50 |
| Median comp | €269,000 | €3,194 | 10.3% | 63 | 40 |
Long-term rental The property may not provide immediate returns due to a gross yield of 0%, but it offers stable rental potential in the safe rural area of Évora. Given the fair value assessment, retaining this property for long-term rental could align with market demands despite current economic conditions. Buy-and-hold Holding this property aligns with a stable investment approach, as its fair value is closely matched with the listing price. The potential for gradual appreciation in a characteristic agricultural region can make it a viable long-term asset. Family rental With the neighbourhood rated at 42/100, the property is positioned well for family rentals in a safe area of rural Portugal. Although the current condition score is 57/100, families may still find the space adequate and the location attractive for long-term living.
Economic Instability Risk With an economic stability score of 35/100, there is a significant risk that local economic downturns could adversely affect property values and rental demand. Tenant Turnover Risk Given a tenant stability score of 50/100, there may be an increased likelihood of tenant turnover leading to potential vacancy periods and inconsistent rental income.
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