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 house of 72 m², built in 1987, energy rating E. Located on rua da Esperança, Bacelo e Senhora da Saúde parish, Évora municipality, Évora district. The property boasts a private backyard with an annex laundry room, enhancing both functional space and outdoor leisure potential in a recently renovated environment.
The valuation. The asking price of €299,000 is significantly above fair value, exceeding it by €89,184 (42.5%). This property is considered overpriced, showing a clear disparity between its listing and market worth.
Fair value modelled at €209,816 from 6 comparable sales in the area. Asking €299,000 sits €89,184 (42.5%) above — overpriced versus fair value.
Asking €299,000 versus the rua da Esperança area baseline of €157,666 (€2,190/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 above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €157,666, adjusted for condition and micro-location, gives a modelled fair value of €209,816 (€2,914/m²), a €89,184 (42.5%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Esperança | Subject | €299,000 | €4,153 | — | 82 | 42 |
| rua do Telhal, 46 | Active | €280,000 | €2,188 | 47.3% | 71 | 41 |
| travessa de Diogo Botelho, 6 | Active | €220,000 | €3,235 | 22.1% | 72 | 45 |
| Évora (São Mamede, Sé, São Pedro e Santo Antão) · 57fcf2 | Active | €195,000 | €2,500 | 39.8% | 72 | 39 |
| Bacelo e Senhora da Saúde · e552a8 | Active | €220,000 | €3,667 | 11.7% | 65 | 42 |
| Median comp | €220,000 | €2,868 | 30.9% | 72 | 42 |
Buy-and-hold The investment in this 3-bed house in Évora is questionable as it is priced at €299,000, significantly above its fair value of €209,816, indicating a 42.5% premium. The gross yield of 3.8% coupled with a low neighbourhood score of 42/100 suggests that the potential returns do not justify the high acquisition cost in a rural agricultural-driven region. Long-term rental Given the mismatch between the listing price and fair value, acquiring this property for long-term rental presents a high risk, as it is currently overpriced by 42.5%. Additionally, with a tenant quality likely compromised in a neighbourhood rated 42/100, sustainability of rental income may be difficult to achieve in this market scenario.
High Economic Risk With an economic stability score of 30/100, the property is at a significant risk for declining market conditions that may affect overall returns.
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