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, 2-bathroom house of 74 m², built in 1950, energy rating F. Located on avenida dos Salesianos, 61, Malagueira e Horta das Figueiras parish, Évora municipality, Évora district. Unique Feature: This property includes two independent houses, allowing for diverse investment strategies or flexible living arrangements in the historic city center of Évora. Condition Note: Significant structural repairs are needed due to visible neglect and dated interiors.
The valuation. The asking price of €165,750 sits €6,628 (4.2%) above the fair value of €159,122. This property is reasonably priced, reflecting its condition and market dynamics.
Fair value modelled at €159,122 from 6 comparable sales in the area. Asking €165,750 sits €6,628 (4.2%) above — overpriced versus fair value.
Asking €165,750 versus the avenida dos Salesianos, 61 area baseline of €176,538 (€2,386/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 34/100 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 €176,538, adjusted for condition and micro-location, gives a modelled fair value of €159,122 (€2,150/m²), a €6,628 (4.2%) gap versus the €165,750 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida dos Salesianos, 61 | Subject | €165,750 | €2,240 | — | 30 | 47 |
| Évora (São Mamede, Sé, São Pedro e Santo Antão) · a0cb93 | Active | €150,000 | €1,724 | 23.0% | — | 41 |
| rua do Fragoso, 11 | Active | €298,000 | €2,346 | 4.8% | 50 | 45 |
| rua do Calvário | Active | €180,000 | €938 | 58.1% | 55 | 39 |
| Bacelo e Senhora da Saúde · a4671b | Active | €325,000 | €2,321 | 3.6% | 60 | 40 |
| Median comp | €239,000 | €2,023 | 9.7% | 55 | 41 |
Long-term rental The property presents a fair investment for long-term rental with a gross yield of 6%, which aligns adequately with the market expectations for stable returns. However, the condition rating of 34/100 and the neighborhood score of 47/100 indicate potential issues that may affect tenant desirability and long-term value. Farm land investment Investing in this property as a farm land opportunity is supported by the rural Alentejo's agricultural economy, although the house itself may not serve as an ideal agricultural asset. The overall fair valuation and modest yield suggest that the site may be more suitable for personal use rather than as a dedicated agricultural investment. Buy-and-hold This property is appropriately priced for a buy-and-hold strategy, given its fair market value and stable rental yield. Nevertheless, the lower condition rating and neighborhood quality could pose risks to property appreciation over the long term.
Economic downturn risk With an economic stability score of 30/100, there is a significant risk that adverse economic conditions could lead to decreased demand for this property, potentially affecting rental income and property value.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
