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, 1-bathroom apartment of 67 m², energy rating B. Located on rua António José de Almeida, 3, Estremoz (Santa Maria e Santo André) parish, Estremoz municipality, Évora district. Noteworthy Feature: The property boasts extensive renovations with premium finishes, including a modern kitchen equipped with high-end appliances and a stylish bathroom featuring a luxurious shower enclosure.
The valuation. The asking price of €219,000 is significantly above the fair value of €99,844, representing a 119.3% increase. This valuation suggests the property is overpriced and may not be a viable investment option. Buy-to-flip angle. The resale strategy for this apartment would involve renovating or staging the property for a higher sale price, yet significant gains may be limited due to its overpriced nature. Investors should proceed with caution in a mixed neighborhood environment. Buy-to-let angle. Given the gross yield is currently 0%, the rental income strategy would require careful consideration of long-term family rentals, with rental prices needing to be attractive within a mixed rural area.
Fair value modelled at €99,844 from 6 comparable sales in the area. Asking €219,000 sits €119,156 (119.3%) above — overpriced versus fair value.
Asking €219,000 versus the rua António José de Almeida, 3 area baseline of €76,102 (€1,136/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €76,102, adjusted for condition and micro-location, gives a modelled fair value of €99,844 (€1,490/m²), a €119,156 (119.3%) gap versus the €219,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua António José de Almeida, 3 | Subject | €219,000 | €3,269 | — | 85 | 48 |
| avenida de Santo António, 39 | Active | €230,000 | €1,211 | 63.0% | — | 38 |
| rua Professor Joaquim Peres | Active | €202,000 | €1,804 | 44.8% | 60 | 41 |
| avenida Tomaz Alcaide, 38 | Active | €286,000 | €1,513 | 53.7% | 79 | 46 |
| Estremoz (Santa Maria e Santo André) · 51b6e3 | Active | €498,000 | €4,527 | 38.5% | 78 | 39 |
| Median comp | €258,000 | €1,659 | 49.3% | 78 | 40 |
Long-term rental Given the property’s listing price of €219,000 against a fair value of €99,844, it is not an ideal investment for long-term rental as it is significantly overpriced by 119.3%. Additionally, with a gross yield of 0% and a neighbourhood quality rating of only 48/100, securing reliable tenants will be challenging in this remote rural area. Family rental The property’s high price of €219,000 compared to its fair value of €99,844 indicates a substantial overpricing of 119.3%, making it a poor choice for family rental. Moreover, the neighbourhood's economic and amenity limitations further diminish its attractiveness as a family rental option, with a low rating of 48/100.
Economic Vulnerability With an economic stability score of 40/100, there is a significant risk of economic downturn affecting property value and rental income stability.
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