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, 3-bathroom house of 156 m², energy rating D. Located on travessa das Carvalhas, Évora (São Mamede, Sé, São Pedro e Santo Antão) parish, Évora municipality, Évora district. Unique opportunity to acquire a property with consistent student rental history, located in the vibrant heart of Évora, ensuring stable income and demand from academic tourism.
The valuation. The asking price of €400,000 is very close to the fair value of €394,412, sitting just €5,588 (1.4%) higher than its assessed worth, which indicates a fair valuation overall.
Fair value modelled at €394,412 from 6 comparable sales in the area. Asking €400,000 sits €5,588 (1.4%) above — overpriced versus fair value.
Asking €400,000 versus the travessa das Carvalhas area baseline of €279,588 (€1,792/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 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 €279,588, adjusted for condition and micro-location, gives a modelled fair value of €394,412 (€2,528/m²), a €5,588 (1.4%) gap versus the €400,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa das Carvalhas | Subject | €400,000 | €2,564 | — | — | 35 |
| Malagueira e Horta das Figueiras · 162397 | Active | €339,000 | €2,421 | 5.6% | — | 38 |
| rua Manuel Ribeiro de Pavia, 17 | Active | €390,000 | €2,635 | 2.8% | — | 48 |
| travessa Mechas | Active | €510,000 | €3,208 | 25.1% | 70 | 42 |
| rua do Telhal, 46 | Active | €280,000 | €2,188 | 14.7% | 71 | 41 |
| Median comp | €364,500 | €2,528 | 1.4% | 71 | 42 |
Buy-and-hold This property in Évora offers a gross yield of 3.5%, reflecting a stagnant real estate market in a rural area with limited employment opportunities. Its fair valuation closely aligns with the listing price, indicating a neutral investment outlook for long-term holding strategies. Value-add renovation While the property is in fair condition, with a rating of 70/100, potential enhancements could improve its overall appeal and tenant quality in the future. However, given its current fair valuation, the scope for significant appreciation through renovations appears limited in this low-demand area.
High vacancy risk With an economic stability score of 30/100 and a tenant stability score of 40/100, this property may face challenges in maintaining occupancy and attracting reliable tenants.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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