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 apartment of 189 m² on the 1st floor, energy rating E. Located on avenida Tomaz Alcaide, 38, Estremoz (Santa Maria e Santo André) parish, Estremoz municipality, Évora district. Noteworthy Features: This apartment includes a spacious 24 m² marquise, ideal for versatile use, and features a private garage along with two balconies, enhancing its outdoor living options.
The valuation. The asking price of €286,000 is slightly below the fair value of €299,301, indicating a difference of €13,301 or 4.4%. This suggests the property is fairly priced in the current market context.
Fair value modelled at €299,301 from 6 comparable sales in the area. Asking €286,000 sits €13,301 (4.4%) below — the upside to fair value.
Asking €286,000 versus the avenida Tomaz Alcaide, 38 area baseline of €233,263 (€1,234/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €233,263, adjusted for condition and micro-location, gives a modelled fair value of €299,301 (€1,584/m²), a €13,301 (4.4%) gap versus the €286,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Tomaz Alcaide, 38 | Subject | €286,000 | €1,513 | — | 79 | 46 |
| rua Professor Joaquim Peres | Active | €202,000 | €1,804 | 19.2% | 60 | 41 |
| avenida de Santo António, 39 | Active | €230,000 | €1,211 | 20.0% | — | 38 |
| Estremoz (Santa Maria e Santo André) · 5da202 | Active | €230,000 | €2,300 | 52.0% | 70 | 50 |
| Estremoz (Santa Maria e Santo André) · 5da0fe | Active | €135,000 | €1,350 | 10.8% | 71 | 43 |
| Median comp | €216,000 | €1,577 | 4.2% | 70 | 42 |
Long-term rental The property’s fair value of €299,301 indicates that it is fairly priced at €286,000, providing stable but low yield potential given its 0% gross yield. Additionally, with a neighbourhood rating of 46/100, tenant demand may be limited, impacting rental income reliability in the long term. Buy-and-hold The property is priced fairly at €286,000 compared to its fair value of €299,301, making it a reasonable choice for a long-term investment. However, with only a moderate condition score of 79/100 and limited amenities in the area, potential appreciation may be subdued over time.
Low Economic Stability Risk The property is at risk due to a low economic stability score of 35/100, indicating potential challenges in local market conditions that could impact tenant demand and 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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