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.
5-bedroom, 2-bathroom house of 163 m², energy rating D. Located on rua Capitão Custódio Janeiro Santana, Vendas Novas parish, Vendas Novas municipality, Évora district. Noteworthy Features: The house includes a closed garage with direct interior access, enhancing convenience and security, while the outdoor space boasts a barbecue area ideal for family gatherings.
The valuation. The asking price of €399,000 is slightly above fair value at €386,058, resulting in a variance of €12,942 (3.4%). This indicates the property is fairly priced but not a bargain. Buy-to-flip angle. The buy-to-flip potential focuses on enhancing standard builder-grade quality to attract buyers and maximize resale value. Targeted renovations can increase resale demand and returns. Buy-to-let angle. The estimated rental income of €1,297 per month translates to a gross yield of 3.9%, making the property an attractive long-term rental investment. The mixed residential-neighborhood supports sustainable tenancy.
Fair value modelled at €386,058 from 6 comparable sales in the area. Asking €399,000 sits €12,942 (3.4%) above — overpriced versus fair value.
Asking €399,000 versus the rua Capitão Custódio Janeiro Santana area baseline of €292,277 (€1,793/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 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 €292,277, adjusted for condition and micro-location, gives a modelled fair value of €386,058 (€2,368/m²), a €12,942 (3.4%) gap versus the €399,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Capitão Custódio Janeiro Santana | Subject | €399,000 | €2,448 | — | 68 | 59 |
| rua Alexandre Braga, 18 | Active | €220,000 | €2,683 | 9.6% | 65 | 54 |
| rua Capitão Custódio Janeiro Santana | Active | €390,000 | €2,167 | 11.5% | 72 | 59 |
| Vendas Novas · a806fe | Active | €280,000 | €2,393 | 2.2% | 70 | 55 |
| Vendas Novas · 82901d | Active | €460,000 | €1,742 | 28.8% | 73 | 59 |
| Median comp | €335,000 | €2,280 | 6.9% | 71 | 57 |
Long-term rental The property's yield of 3.9% gross indicates that it can offer a steady rental income, although the fair value suggests limited upside potential. With a neighbourhood rating of 59/100, the rental demand may be influenced by the area's agricultural employment focus and overall rural character. Buy-and-hold While the property is fairly valued at €399,000, its condition score of 72/100 shows that it is in decent shape for long-term investment. However, with limited growth expectations given the rural setting, potential appreciation might be subdued, suggesting a stable rather than growth-oriented investment strategy.
Tenant turnover risk The tenant stability score of 60/100 suggests a moderate potential for tenant turnover, which could lead to increased vacancy rates and associated costs.
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