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, 2-bathroom house of 180 m², built in 1993, energy rating D. Located on rua Capitão Custódio Janeiro Santana, Vendas Novas parish, Vendas Novas municipality, Évora district. Outdoor Space and Technology: This property features a private yard with a shed and an annex, perfect for outdoor entertaining, plus a garage equipped with an electric vehicle charger for sustainable living.
The valuation. The asking price of €390,000 sits below its fair value of €440,385, indicating an undervalued property by €50,385 (11.4%). This presents a strong investment opportunity for buyers seeking value in their acquisitions.
Fair value modelled at €440,385 from 6 comparable sales in the area. Asking €390,000 sits €50,385 (11.4%) below — the upside to fair value.
Asking €390,000 versus the rua Capitão Custódio Janeiro Santana area baseline of €321,554 (€1,786/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €321,554, adjusted for condition and micro-location, gives a modelled fair value of €440,385 (€2,447/m²), a €50,385 (11.4%) gap versus the €390,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Capitão Custódio Janeiro Santana | Subject | €390,000 | €2,167 | — | 72 | 59 |
| rua Alexandre Braga, 18 | Active | €220,000 | €2,683 | 23.8% | 65 | 54 |
| Vendas Novas · a806fe | Active | €280,000 | €2,393 | 10.5% | 70 | 55 |
| Vendas Novas · 82901d | Active | €460,000 | €1,742 | 19.6% | 73 | 59 |
| rua Bernardino Machado, 31 | Active | €420,000 | €2,675 | 23.5% | 55 | 50 |
| Median comp | €350,000 | €2,534 | 17.0% | 68 | 55 |
Long-term rental The 4-bed house in Vendas Novas presents an opportunity for long-term rental given its fair value of €440,385, showing an advantageous gap of 11.4% against the listing price of €390,000. However, with a gross yield of 0% and a neighbourhood rating of 59/100, careful consideration of tenant quality and demand is essential. Buy-and-hold Investing in this property for a buy-and-hold strategy could yield future appreciation, supported by its subvalorizada status relative to the fair market value. The property's condition score of 76/100 offers a solid foundation for long-term investment, though ongoing costs should be factored into the overall profitability. Family rental As a family rental, the property could appeal to larger households, taking advantage of its spacious 180m² layout and suburban location. While the neighbourhood score of 59/100 indicates areas for improvement, proximity to Setúbal may enhance its attractiveness for families looking for more space away from the city center.
Economic Fluctuation Risk The economic stability score of 60 suggests a moderate risk of economic downturns affecting rental income and property value negatively.
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