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, 2-bathroom house of 176 m². Located on rua Projectada, Canaviais parish, Évora municipality, Évora district. This property boasts a captivating blend of modern kitchen renovations featuring mosaic tiles and stainless steel appliances, while the exterior solar panels enhance its energy efficiency.
The valuation. The asking price of €640,000 is significantly above the fair value of €440,952, resulting in an excess of €199,048 (45.1%). This property is clearly overpriced in the current market context.
Fair value modelled at €440,952 from 6 comparable sales in the area. Asking €640,000 sits €199,048 (45.1%) above — overpriced versus fair value.
Asking €640,000 versus the rua Projectada area baseline of €332,365 (€1,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €332,365, adjusted for condition and micro-location, gives a modelled fair value of €440,952 (€2,505/m²), a €199,048 (45.1%) gap versus the €640,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Projectada | Subject | €640,000 | €3,636 | — | 74 | 42 |
| rua do Canteiro | Active | €495,000 | €4,626 | 27.2% | 73 | 36 |
| Bacelo e Senhora da Saúde · 57f5d9 | Active | €390,000 | €3,197 | 12.1% | 75 | 48 |
| rua da Escola, 4 | Active | €230,000 | €2,738 | 24.7% | 58 | 38 |
| Canaviais · 8311bf | Active | €450,000 | €2,074 | 43.0% | 70 | 42 |
| Median comp | €420,000 | €2,968 | 18.4% | 72 | 40 |
Long-term rental The property offers a gross yield of just 3.5%, reflecting a return that is not compelling given the significant gap of 45.1% to its fair value. With the neighbourhood rating at 42/100, tenant demand may be limited, making it a risky long-term rental investment. Value-add renovation Despite its potential, investing in value-add renovation does not justify the significant markup, as the current price is above its fair value by 45.1%. The condition score of 76/100 suggests that while there is room for improvement, the cost of renovations could further complicate the return on investment. Family rental While a 7-bed home may attract family renters, the high listing price of €640,000 exceeds its fair value, making it an unattractive proposition for families seeking affordable housing. The neighbourhood's limited amenities, combined with a subpar rating, indicate that it may not suit the needs of families looking for a vibrant environment. Not ideal for: Short-term vacation rental, Luxury market, Student housing
Low Economic Stability Risk The low economic stability score of 35/100 indicates a significant risk of economic downturns that could affect rental income and property value.
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