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.
1-bedroom, 1-bathroom house of 70 m². Located on rua de Pedro Colaço, Évora (São Mamede, Sé, São Pedro e Santo Antão) parish, Évora municipality, Évora district. Noteworthy Features: The property features a mezzanine that enhances functionality, and a garage that offers rare convenience in Évora’s historic area, making it ideal for diverse living or investment scenarios.
The valuation. The asking price of €275,000 is €33,431 (13.8%) above the fair value of €241,569, indicating that the property is overpriced. This raises concerns for potential investors looking for a value-driven purchase.
Fair value modelled at €241,569 from 6 comparable sales in the area. Asking €275,000 sits €33,431 (13.8%) above — overpriced versus fair value.
Asking €275,000 versus the rua de Pedro Colaço area baseline of €179,333 (€2,562/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €179,333, adjusted for condition and micro-location, gives a modelled fair value of €241,569 (€3,451/m²), a €33,431 (13.8%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Pedro Colaço | Subject | €275,000 | €3,929 | — | 74 | 40 |
| travessa de Diogo Botelho, 6 | Active | €220,000 | €3,235 | 17.6% | 72 | 45 |
| Bacelo e Senhora da Saúde · e552a8 | Active | €220,000 | €3,667 | 6.7% | 65 | 42 |
| Évora (São Mamede, Sé, São Pedro e Santo Antão) · 57fcf2 | Active | €195,000 | €2,500 | 36.4% | 72 | 39 |
| Bacelo e Senhora da Saúde · cc99f2 | Active | €1,950,000 | €5,065 | 28.9% | — | 43 |
| Median comp | €220,000 | €3,451 | 12.2% | 72 | 43 |
Long-term rental The property in Évora is overpriced at €275,000, with a fair value of €241,569, indicating a 13.8% gap. Given the low neighborhood rating of 40/100, the expected gross yield of 3.3% may not compensate for the elevated purchase price, making this a less attractive investment. Family rental Though suitable for family rentals, the price point of €275,000 exceeds its fair value of €241,569 by 13.8%. The existing neighborhood conditions and average yield of 3.3% suggest that the investment's return potential is limited in comparison to its cost.
High Vacancy Risk With an economic stability score of 35/100 and tenant stability score of 50/100, the property may face challenges in attracting and retaining tenants, leading to potential high vacancy rates.
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