Bacelo – Évora Real Estate Guide 2026

Bacelo, located in the historic city of Évora, offers a unique blend of traditional charm and modern convenience, attracting both locals and expatriates. Known for its peaceful atmosphere, Bacelo is home to families and young professionals seeking a vibrant yet tranquil community. The real estate market here is characterized by moderate prices and promising returns, with average yields around 4.5%. Investors are drawn to Bacelo for its affordability and growth potential, particularly in T2 and T3 properties. The neighborhood boasts convenient access to local amenities, including schools, parks, and shopping centers, making it an appealing choice for long-term investment. Its proximity to Évora’s cultural landmarks further enhances its allure, providing a balance of lifestyle and investment opportunity.

Investor Profile

Ideal for investors seeking affordable entry into a growing market with stable returns. Perfect for those interested in residential properties within a culturally rich, serene environment.

Market Data

  • Average price: €134,300
  • Price range: €78,000 – €204,000
  • Price per m²: €1,722/m²
  • Average size: 78m²
  • Average rooms: 2.4
  • Average monthly rent: €500
  • Estimated annual yield: 4.5%
  • Sale listings: 15
  • Rental listings: 5

By Apartment Type

  • T2 — 8 listings, avg €137,256, 76m², €1,806/m²
  • T3 — 5 listings, avg €162,500, 100m², €1,625/m²
  • T4 — 2 listings, avg €208,000, 128m², €1,625/m²

About Évora

Character and Identity: The 'Museum City'. The entire city is declared a World Heritage Site. White streets, an ancient Roman temple, and a Gothic cathedral create a perfect backdrop. National Role: The capital of Alentejo and its university center. Historical Development: A continuous history of thousands of years: Celts, Romans (Liberalitas Julia), Moors, and Portuguese kings who lived here. Interesting Facts: The 'Capela dos Ossos' (Chapel of Bones) is the most chilling attraction: a chapel whose walls are covered with 5,000 human skeletons, with the inscription at the entrance: 'We…

Explore more