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, 1-bathroom apartment of 142 m², energy rating D. Located Nossa Senhora da Vila, Nossa Senhora do Bispo e Silveiras parish, Montemor-o-Novo municipality, Évora district. Noteworthy Features: This apartment’s expansive 40 m² patio provides a rare, accessible outdoor space ideal for family gatherings or gardening, enhancing both livability and leisure opportunities.
The valuation. The asking price of €295,000 sits significantly above fair value at €247,584, resulting in an overvaluation of €47,416 or 19.2%. This suggests that potential investors may struggle to find value at this price point.
Fair value modelled at €247,584 from 6 comparable sales in the area. Asking €295,000 sits €47,416 (19.2%) above — overpriced versus fair value.
Asking €295,000 versus the Nossa Senhora da Vila, Nossa Senhora do Bispo e Silveiras, Montemor-o-Novo, Évora area baseline of €203,382 (€1,432/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 €203,382, adjusted for condition and micro-location, gives a modelled fair value of €247,584 (€1,744/m²), a €47,416 (19.2%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Nossa Senhora da Vila, Nossa Senhora do Bispo e Silveiras · c12237 | Subject | €295,000 | €2,077 | — | 62 | 49 |
| rua de Aviz | Active | €350,000 | €1,955 | 5.9% | 84 | 46 |
| rua Professor Egas Moniz, 24 | Active | €195,000 | €3,305 | 59.1% | 65 | 51 |
| rua dos Almocreves, 28 | Active | €135,000 | €2,077 | 0% | 72 | 49 |
| rua Albino Cro Pimenta de Aguiar | Active | €265,000 | €1,532 | 26.3% | 55 | 53 |
| Median comp | €230,000 | €2,016 | 3.0% | 69 | 50 |
Long-term rental The 2-bed apartment in Nossa Senhora do Vila is subject to a 19.2% gap from its fair value of €247,584, indicating that the property is overpriced. Furthermore, a gross yield of 0% suggests that the potential return on investment for long-term rentals is non-existent in this market. Value-add renovation Considering the property’s condition rating of 67/100, there is a possibility for value-add renovations; however, the 19.2% markup over fair value suggests any enhancements may not yield a sufficient return. The agricultural focus of the location and limited economic activities further complicate the justification for investment in renovations, given the current property price. Not ideal for: The property is not suitable for short-term vacation rentals due to its location and rental yield conditions, which may deter potential guests. Additionally, the appeal for student housing is limited, given the neighbourhood's low tenant quality and lack of nearby amenities that would attract this demographic.
High Vacancy Risk The property may experience high vacancy rates due to low economic stability (35/100) and moderate tenant stability (50/100), leading to potential income loss.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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