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.
7-bedroom, 4-bathroom house of 479 m², energy rating G. Located Évora (São Mamede, Sé, São Pedro e Santo Antão) parish, Évora municipality, Évora district. Noteworthy Features: The property showcases traditional calçada and original stone masonry, underscoring its historical significance, while its spacious layout presents unique opportunities for renovation and diverse real estate concepts.
The valuation. The asking price of €780,000 is significantly below the fair value of €1,098,424, creating an opportunity as it is underpriced by €318,424 (29.0%). This suggests a favorable entry point for investors seeking potential appreciation. Buy-to-flip angle. A buy-to-flip strategy could capitalize on the property’s existing high-quality original elements, with plans for renovation to enhance its appeal and marketability, potentially targeting a resale value over fair value. Buy-to-let angle. With a current gross yield of 0%, the rental strategy may focus on refurbishing the property to attract tenants in the mixed neighborhood, aiming for long-term cash flow in a recovering rental market in Évora.
Fair value modelled at €1,098,424 from 6 comparable sales in the area. Asking €780,000 sits €318,424 (29.0%) below — the upside to fair value.
Asking €780,000 versus the Évora (São Mamede, Sé, São Pedro e Santo Antão), Évora, Évora area baseline of €1,113,936 (€2,326/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 30/100 is below the parish average, reducing 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 €1,113,936, adjusted for condition and micro-location, gives a modelled fair value of €1,098,424 (€2,293/m²), a €318,424 (29.0%) gap versus the €780,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Évora (São Mamede, Sé, São Pedro e Santo Antão) · 0ac8f3 | Subject | €780,000 | €1,628 | — | 35 | 40 |
| avenida dos Salesianos, 61 | Active | €165,750 | €2,240 | 37.6% | 30 | 47 |
| Malagueira e Horta das Figueiras · f10a8e | Active | €475,000 | €2,074 | 27.4% | — | 38 |
| rua do Fragoso, 11 | Active | €298,000 | €2,346 | 44.1% | 50 | 45 |
| rua Manuel Ribeiro de Pavia, 17 | Active | €390,000 | €2,635 | 61.8% | — | 48 |
| Median comp | €344,000 | €2,293 | 40.8% | 40 | 46 |
Long-term rental The property in Évora presents a strong potential for long-term rental investment, as it is significantly underpriced by 29.0%, against a fair market value of €1,098,424. With a relatively low condition score of 30/100 and a neighborhood rating of 40/100, there is ample opportunity for remodeling and increasing tenant demand over time. Buy-and-hold Acquiring this 7-bed house is a sound buy-and-hold strategy given its gap to fair value of 29.0%, indicating a solid appreciation potential in the long run. Investors can capitalize on the low entry price while improving the property's condition and enhancing its desirability in the local market.
Economic Downturn Risk The economic stability score of 35/100 suggests a high potential for economic downturns, which may adversely affect rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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