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.
4-bedroom, 1-bathroom house of 187 m², energy rating E. Located Arraiolos parish, Arraiolos municipality, Évora district. Noteworthy Features: The property offers potential for dual access, allowing for the possibility of creating two independent homes, and its historic location next to the Castle of Arraiolos enhances its charm. Opportunity for Improvement: Its renovation is partially complete, blending modern updates with historical elements amid significant dampness and mold challenges.**
The valuation. The asking price of €185,000 is significantly below the fair value of €406,394, presenting a remarkable discount of €221,394 (54.5%). This property is clearly underpriced, offering substantial potential for appreciation.
Fair value modelled at €406,394 from 6 comparable sales in the area. Asking €185,000 sits €221,394 (54.5%) below — the upside to fair value.
Asking €185,000 versus the Arraiolos, Arraiolos, Évora area baseline of €397,036 (€2,123/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 39/100 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 €397,036, adjusted for condition and micro-location, gives a modelled fair value of €406,394 (€2,173/m²), a €221,394 (54.5%) gap versus the €185,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Arraiolos · 9af6be | Subject | €185,000 | €989 | — | 42 | 39 |
| rua do Progresso | Active | €260,000 | €1,711 | 72.9% | 65 | 41 |
| rua dos Caçadores | Active | €450,000 | €2,273 | 129.7% | 70 | 44 |
| rua da Escola, 4 | Active | €230,000 | €2,738 | 176.8% | 58 | 38 |
| Canaviais · 8311bf | Active | €450,000 | €2,074 | 109.6% | 70 | 42 |
| Median comp | €355,000 | €2,174 | 119.7% | 68 | 42 |
Long-term rental This property in Arraiolos presents an opportunity for long-term rental, given its fair value significantly exceeds the listing price by 54.5%, suggesting a potential appreciation in value. However, with a gross yield of 0% and the low condition and neighborhood ratings, ongoing investment in property maintenance and improvements is essential. Buy-and-hold As a buy-and-hold strategy, this property can capitalize on the price disparity relative to its fair value of €406,394, which indicates growth potential in the long run. While considering this strategy, investors must prepare for property upgrades, as the current condition and neighborhood ratings are less favorable, impacting immediate cash flow. Not ideal for luxury market Due to the property’s low condition rating of 39/100 and poor neighborhood score, it does not meet the standards typically required for the luxury market. Therefore, potential investors should not consider positioning it within this segment despite its appealing listing price. Not ideal for short-term vacation rental Given the property’s rural location in Alentejo and low neighborhood rating, it lacks the amenities and tenant quality needed to attract short-term vacation renters. This strategy may not be viable, as the surrounding area does not support a tourist-friendly environment. Not ideal for student housing Student housing is not a suitable strategy for this property, as education access is limited with only small local schools nearby. Moreover, the current condition and neighborhood ratings do not support the attraction of a student demographic seeking housing in this area.
Economic and Tenant Instability The property faces significant risk due to both an economic stability score of 30/100 and a tenant stability score of 30/100, indicating a high likelihood of financial difficulties and tenant turnover.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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