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: The property boasts a remarkable 60m² terrace, ideal for outdoor entertaining, and includes two parking spaces with exceptional maneuvering and storage options.
The valuation. The asking price of €496,000 exceeds fair value by €132,029 (26.6%), indicating the property is overpriced. This disconnect poses a challenge for potential buyers seeking a sound investment. Buy-to-flip angle. A resale or wholesale strategy would necessitate significant renovations to justify higher pricing, but current valuation limits immediate profit potential. An investor may find it difficult to achieve desirable returns under the current market conditions. Buy-to-let angle. With an estimated gross yield of 2.9% and monthly rental potential of €1,199, long-term rental strategies appear limited due to the high purchase price. Overall, the property may yield moderate returns, making it less attractive as a family rental.
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 €316,960 (€1,981/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. Full condition report →
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. Full location report →
praceta do Parque, 3
Area baseline €316,960 + 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.
Long-term rental The property is overpriced with a gap of 26.6% from its fair value, suggesting that the expected gross yield of 2.9% may not provide an adequate return on investment. The neighbourhood score of 59/100 indicates moderate attractiveness, which may deter quality long-term tenants given the reliance on proximity to Lisbon for employment and services. Buy-and-hold Given its fair value of €363,971 and the current listing price of €496,000, the property’s market position suggests limited potential for appreciation in value over time. The 78/100 condition rating provides some peace of mind, but the substantial premium on price acts as a significant headwind against long-term capital gains. Family rental While the property could theoretically serve as a family rental, its overpriced status significantly reduces its investment appeal, considering the gap of 26.6% from fair value. Families often seek affordability and quality, and with a neighbourhood score of only 59/100, the property may struggle to attract reliable tenants who prioritize these factors.
Potential Vacancy Risk The economic stability score of 50/100 indicates a fragile economy, which may lead to higher tenant turnover and potential vacancies.
