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, 2-bathroom apartment of 160 m², built in 2004, energy rating D. Located on praceta do Parque, 3, Mafra parish, Mafra municipality, Lisbon district. Noteworthy Features: This apartment boasts a rare 60m² terrace, perfect for outdoor entertaining, and a suite with a fully remodeled bathroom for modern living convenience.
The valuation. The asking price of €496,000 is significantly above the fair value of €336,621, indicating it is overpriced by €159,379 (32.1%). This disparity suggests that potential buyers may need to negotiate aggressively or consider alternative investments.
Fair value modelled at €336,621 from the area baseline, adjusted for condition and location. Asking €496,000 sits €159,379 (32.1%) above — overpriced versus fair value.
Asking €496,000 versus the praceta do Parque, 3 area baseline of €515,200 (€3,220/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 76 · Materials 80 · Room dimensions 77). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 59/100 (Housing Market 55 · Amenities 50 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
praceta do Parque, 3
Area baseline €515,200 + condition +€8,250 + location +€11,411 = modelled fair value of €336,621 (€2,104/m²), a €159,379 (32.1%) gap versus the €496,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta do Parque, 3 | Subject | €496,000 | €3,100 | — | 76 | 59 |
| Mafra · ba3dca | Active | €478,000 | €3,230 | 4.2% | 70 | 59 |
| Mafra · 49b93f | Active | €435,000 | €2,314 | 25.4% | 75 | 58 |
| rua Luís de Camões, 12 | Active | €345,000 | €3,833 | 23.7% | 73 | 69 |
| Mafra · 8936d1 | Active | €339,900 | €4,249 | 37.1% | 77 | 55 |
| Median comp | €390,000 | €3,532 | 13.9% | 74 | 59 |
Long-term rental This 3-bed apartment's listing price of €496,000 exceeds its fair value by 32.1%, indicating it is not a viable option for long-term rental investment. With a gross yield of only 2.9%, the potential returns do not justify the premium price in this suburban market. Buy-and-hold Priced significantly above its fair value at €496,000, this property’s appreciation potential is limited given the proximity to Lisbon and moderate neighbourhood ratings. Investors should be cautious, as the 2.9% yield does not compensate for the inflated cost. Family rental With this apartment at €496,000, families seeking rental options will likely find better value elsewhere, as this listing is 32.1% above fair market value. The property’s yield of 2.9% makes it less attractive for family renting purposes in a suburban context marked by typical crime rates and average amenities.
Economic Vulnerability The low economic stability score of 50/100 indicates potential fluctuations in the local economy that could negatively impact investment returns.
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