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.
3-bedroom, 2-bathroom house of 218 m², built in 1973, energy rating D. Located Malagueira e Horta das Figueiras parish, Évora municipality, Évora district. The property features a spacious yard ideal for creating outdoor leisure areas and includes a versatile layout with potential for adaptation to diverse living arrangements.
The valuation. The property is listed at €295,000, which is significantly below its fair value of €461,987, reflecting a discrepancy of €166,987 (36.1%). This positioning confirms the property as underpriced. Buy-to-flip angle. With its asking price well below fair value, the resale strategy could focus on making targeted renovations to enhance the property’s appeal before relisting at a premium. This could capitalize on the market demand for upgraded homes in the area. Buy-to-let angle. The estimated gross yield of 4.8%, equating to about €1,180 per month, indicates a viable rental income strategy. Given the rural location, a long-term rental approach combined with value-add renovations can create a stable cash flow.
Fair value modelled at €461,987 from 6 comparable sales in the area. Asking €295,000 sits €166,987 (36.1%) below — the upside to fair value.
Asking €295,000 versus the Malagueira e Horta das Figueiras, Évora, Évora area baseline of €409,572 (€1,879/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 61/100 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 €409,572, adjusted for condition and micro-location, gives a modelled fair value of €461,987 (€2,119/m²), a €166,987 (36.1%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Malagueira e Horta das Figueiras · 76b3f7 | Subject | €295,000 | €1,353 | — | — | 35 |
| rua do Calvário | Active | €180,000 | €938 | 30.7% | 55 | 39 |
| largo do Antigo Café Plátano | Active | €475,000 | €1,979 | 46.3% | 60 | 40 |
| avenida dos Salesianos, 61 | Active | €165,750 | €2,240 | 65.5% | 30 | 47 |
| Malagueira e Horta das Figueiras · f10a8e | Active | €475,000 | €2,074 | 53.3% | — | 38 |
| Median comp | €327,500 | €2,027 | 49.8% | 55 | 40 |
Long-term rental The property presents an attractive long-term rental opportunity, given its gross yield of 4.8% against a fair value of €461,987, highlighting a significant gap of 36.1%. Despite limited access to urban amenities, the price point is favorable for generating steady cash flow in the rental market. Value-add renovation With a condition rating of 61/100, there is room for improvement through value-add renovations, which could enhance property value and rental income significantly. The advantageous gap to fair value of 36.1% represents a potential upside that can be realized through strategic enhancements, especially given the property is currently subvalorizada. Luxury market This property is not suitable for the luxury market due to its rural location and lower neighborhood rating of 35/100, which limits appeal to affluent buyers. The lack of urban amenities further reinforces that it does not meet the criteria typically sought in the luxury segment. Student housing As a rural property, this house is not ideal for student housing, particularly because of its limited access to urban amenities and the lower quality of the surrounding neighborhood. This demographic typically seeks properties close to educational institutions and vibrant community features, which this location lacks. Short-term vacation rental Due to its rural setting and low neighborhood rating, the property would struggle as a short-term vacation rental. Tourists often prioritize proximity to urban attractions and amenities that are absent in this area, making it a less favorable investment in the short-term rental market.
Low Demand Risk: With an Economic stability score of 30/100 and a Tenant stability score of 35/100, the property may struggle to attract and retain tenants, raising the likelihood of vacancy and rental income instability.
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
