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.
1-bedroom, 1-bathroom house of 85 m², energy rating F. Located on rua de Vila Nova, 20, Viana do Alentejo parish, Viana do Alentejo municipality, Évora district. Noteworthy Features: The property boasts a charming garden area ideal for outdoor relaxation and is situated next to the historical Viana do Alentejo Castle, enhancing its cultural appeal.
The valuation. The asking price of €124,900 sits significantly below the fair value of €227,980 by €103,080, representing a 45.2% discount. This property is thus classified as underpriced compared to market expectations.
Fair value modelled at €227,980 from 6 comparable sales in the area. Asking €124,900 sits €103,080 (45.2%) below — the upside to fair value.
Asking €124,900 versus the rua de Vila Nova, 20 area baseline of €199,915 (€2,352/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 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 €199,915, adjusted for condition and micro-location, gives a modelled fair value of €227,980 (€2,682/m²), a €103,080 (45.2%) gap versus the €124,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Vila Nova, 20 | Subject | €124,900 | €1,469 | — | — | 45 |
| rua Jose de Sousa Cabral | Active | €135,000 | €1,262 | 14.1% | 44 | 40 |
| Viana do Alentejo · a80aa9 | Active | €2,500,000 | €16,129 | 997.7% | 75 | 45 |
| Viana do Alentejo · 133b09 | Active | €320,000 | €4,103 | 179.2% | 45 | 40 |
| Viana do Alentejo · ec19cc | Active | €310,000 | €1,148 | 21.9% | 70 | 42 |
| Median comp | €315,000 | €2,683 | 82.6% | 58 | 41 |
Long-term rental This property presents a significant opportunity for long-term rental given its pricing, which is 45.2% below the fair value of €227,980. Despite the current yield of 0%, the investment could appreciate as the area develops over time, particularly as rural properties are sought after for long-term tenants. Buy-and-hold As a buy-and-hold investment, this property stands out due to its current underpricing, allowing potential for substantial value appreciation in a market that is typically stable yet under-market priced at €124,900. With a current condition rating of 67/100, it is positioned well for gradual improvements that could enhance its market appeal. Family rental The 1-bed house in Viana do Alentejo can cater effectively to families looking for affordable living in a rural setting, especially with its appealing price point against the fair market value. Though the neighborhood is rated 45/100, it offers basic amenities typical for rural communities, making it a reasonable option for families seeking a quieter lifestyle.
High tenant turnover risk With a tenant stability score of only 55/100, there is a significant risk of frequent vacancies, impacting rental income and stability.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
