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.
2-bedroom, 2-bathroom house of 148 m², energy rating E. Located on rua das Quintas, São Manços e São Vicente do Pigeiro parish, Évora municipality, Évora district. Noteworthy Features: The property showcases an office space that can be easily converted into a third bedroom, enhancing its versatility for various living arrangements while undergoing ongoing renovations.
The valuation. The asking price of €285,000 sits significantly above the fair value of €170,537, indicating an overpriced assessment of €114,463 (67.1%). This discrepancy suggests a lack of alignment with market expectations. Buy-to-flip angle. The resale strategy focuses on renovating the upgraded areas to elevate appeal, aiming for a profitable flip, although current pricing limits potential upside. Quick renovations may not justify the high initial investment. Buy-to-let angle. The rental income strategy appears challenging, with a gross yield of 0%, reflecting the need for a lower acquisition cost to attract long-term family tenants in this mixed-use neighborhood with limited amenities.
Fair value modelled at €170,537 from 6 comparable sales in the area. Asking €285,000 sits €114,463 (67.1%) above — overpriced versus fair value.
Asking €285,000 versus the rua das Quintas area baseline of €217,401 (€1,469/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 below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €217,401, adjusted for condition and micro-location, gives a modelled fair value of €170,537 (€1,152/m²), a €114,463 (67.1%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua das Quintas | Subject | €285,000 | €1,926 | — | 75 | 42 |
| São Manços e São Vicente do Pigeiro · 51b70b | Active | €120,000 | €2,069 | 7.4% | 70 | 48 |
| Monte do Trigo · 53cdc4 | Active | €135,000 | €487 | 74.7% | 72 | 42 |
| São Manços e São Vicente do Pigeiro · 82900c | Active | €220,000 | €2,651 | 37.6% | 74 | 41 |
| rua do Forno | Active | €124,900 | €1,343 | 30.3% | 67 | 42 |
| Median comp | €129,950 | €1,706 | 11.4% | 71 | 42 |
Long-term rental The property is overpriced at €285,000, indicating a 67.1% gap from its fair value of €170,537, which significantly impacts the potential for long-term returns. With a gross yield of 0% and a neighbourhood score of 42/100, it is unlikely to attract reliable tenants or generate positive cash flow in the long run. Family rental As the housing market shows limited appeal with a low local amenities rating, this property is not suited for family rental despite its size. The substantial gap from fair value suggests that even families seeking spacious accommodations would find this option financially unappealing, decreasing rental desirability.
Investment volatility risk The economic stability score of 38/100 indicates a high likelihood of economic fluctuations that could impact rent collection and occupancy rates, while a tenant stability score of 60/100 shows moderate retention rates, potentially leading to inconsistent cash flow.
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