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 146 m², energy rating C. Located Nossa Senhora da Conceição e São Bartolomeu parish, Vila Viçosa municipality, Évora district. Unique Feature: The property is situated near significant historical landmarks, including the Ducal Palace and the Sanctuary of Our Lady of Conception, enhancing its appeal for those seeking cultural immersion. Condition Highlight: While the modern living room contrasts sharply with areas needing renovation, the potential for creating a charming outdoor leisure space is evident.
The valuation. The asking price of €110,000 sits €35,135 (24.2%) below the fair value of €145,135, indicating the property is underpriced according to market standards.
Fair value modelled at €145,135 from 6 comparable sales in the area. Asking €110,000 sits €35,135 (24.2%) below — the upside to fair value.
Asking €110,000 versus the Nossa Senhora da Conceição e São Bartolomeu, Vila Viçosa, Évora area baseline of €128,477 (€880/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 49/100 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 €128,477, adjusted for condition and micro-location, gives a modelled fair value of €145,135 (€994/m²), a €35,135 (24.2%) gap versus the €110,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Nossa Senhora da Conceição e São Bartolomeu · 76b3f4 | Subject | €110,000 | €753 | — | — | 37 |
| rua da Correias | Active | €125,000 | €817 | 8.4% | 25 | 39 |
| rua dos Telheiros | Active | €129,000 | €849 | 12.6% | 28 | 44 |
| Estremoz (Santa Maria e Santo André) · 16259d | Active | €150,000 | €862 | 14.4% | 54 | 44 |
| Glória · 5b8774 | Active | €155,000 | €1,240 | 64.6% | — | 43 |
| Median comp | €139,500 | €856 | 13.5% | 28 | 44 |
Long-term rental This property shows a significant gap of 24.2% below fair value, indicating a potential for long-term rental opportunities in a rural area with limited urban amenities. However, with a gross yield of 0%, it may not generate immediate cash flow, necessitating a focus on appreciation over time. Buy-and-hold Acquiring this 2-bed house at €110,000 allows investors to benefit from its subvalued status relative to the fair value of €145,135. While the property's condition and neighborhood scores suggest it may require ongoing investment, the long-term appreciation potential can outweigh these initial drawbacks as demand gradually increases in the area.
High Vacancy Risk Given the low economic stability score of 30/100 and tenant stability score of 40/100, there is a significant risk of high vacancy rates affecting rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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