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 house of 60 m², built in 1971. Located Bacelo e Senhora da Saúde parish, Évora municipality, Évora district. Property Features: The living room features a fireplace with heat recovery, and the backyard includes a separate bathroom and storage space, enhancing functionality and outdoor living options.
The valuation. The asking price of €220,000 is €27,941 (14.5%) above the fair value of €192,059. This property is therefore considered overpriced.
Fair value modelled at €192,059 from 6 comparable sales in the area. Asking €220,000 sits €27,941 (14.5%) above — overpriced versus fair value.
Asking €220,000 versus the Bacelo e Senhora da Saúde, Évora, Évora area baseline of €164,813 (€2,747/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 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 €164,813, adjusted for condition and micro-location, gives a modelled fair value of €192,059 (€3,201/m²), a €27,941 (14.5%) gap versus the €220,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Bacelo e Senhora da Saúde · e552a8 | Subject | €220,000 | €3,667 | — | 65 | 42 |
| travessa de Diogo Botelho, 6 | Active | €220,000 | €3,235 | 11.8% | 72 | 45 |
| travessa da Piçarra | Active | €235,000 | €3,456 | 5.7% | 60 | 44 |
| rua Frei Manuel Cardoso | Active | €380,000 | €3,167 | 13.6% | 70 | 48 |
| rua Mestre Lourenço | Active | €200,000 | €3,509 | 4.3% | 55 | 45 |
| Median comp | €227,500 | €3,346 | 8.8% | 65 | 45 |
Buy-and-hold This property should be approached with caution, as it is listed at €220,000, which is 14.5% above its fair value of €192,059. The gross yield of 4.6% is decent, but the high price and the subpar neighborhood rating of 42/100 may limit long-term appreciation and tenant demand. Long-term rental While the property offers a gross yield of 4.6%, it is priced at €220,000, significantly above its fair value of €192,059, which highlights its overpriced status. The limited economic diversity and poor neighborhood rating suggest potential challenges in securing and retaining reliable tenants. Value-add renovation Investing in a renovation for this property might seem tempting, but with a listing price of €220,000 that exceeds its fair value of €192,059, the risk of overcommitting financially is heightened. The current property condition rating of 64/100 indicates room for improvement, but the neighborhood's overall appeal may hinder significant returns on investment after renovations.
Economic Instability Risk With an economic stability score of only 30/100, there is a significant risk of economic downturns impacting the property's performance and tenant demand.
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