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 104 m², built in 1992, energy rating E. Located on rua Major João Gomes, Mafra parish, Mafra municipality, Lisbon district. Noteworthy features: This apartment features a living room with a fireplace, enhancing its cozy atmosphere, and benefits from impressive solar exposure with unobstructed views to the South and West.
The valuation. The asking price of €300,000 is significantly above the fair value of €201,300, representing an overvaluation of €98,700 (32.9%). This discrepancy suggests that the property is not a financially viable investment at its current asking price.
Fair value modelled at €201,300 from the area baseline, adjusted for condition and location. Asking €300,000 sits €98,700 (32.9%) above — overpriced versus fair value.
Asking €300,000 versus the rua Major João Gomes area baseline of €334,880 (€3,220/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 (Condition 68 · Materials 62 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 63/100 (Housing Market 70 · Amenities 55 · Economic 65 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Major João Gomes
Area baseline €334,880 + condition -€15,438 + location +€10,713 = modelled fair value of €201,300 (€1,936/m²), a €98,700 (32.9%) gap versus the €300,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Major João Gomes | Subject | €300,000 | €2,885 | — | 68 | 63 |
| Mafra · ba3dca | Active | €478,000 | €3,230 | 12.0% | 70 | 59 |
| praceta do Parque, 3 | Active | €496,000 | €3,100 | 7.5% | 76 | 59 |
| Mafra · ba58f3 | Active | €320,000 | €4,507 | 56.2% | 75 | 68 |
| Mafra · 25f69a | Active | €415,000 | €3,843 | 33.2% | 72 | 53 |
| Median comp | €446,500 | €3,537 | 22.6% | 74 | 59 |
Long-term rental The property’s current asking price of €300,000 exceeds its fair value by 32.9%, indicating it is overpriced for a long-term rental strategy. With a gross yield of only 4.2%, this investment may not generate sufficient returns relative to comparable market opportunities. Family rental At a listing price of €300,000, the 3-bedroom apartment does not align with the fair value assessment of €201,300, suggesting it is overpriced for family rental purposes. The average condition rating of 66/100 and neighbourhood score of 63/100 further detract from its appeal for family tenants seeking quality housing. Value-add renovation The significant disparity between the listing and fair value at €300,000 points to the apartment being overpriced, limiting its attractiveness for a value-add renovation strategy. With only a moderate condition rating of 66/100, any renovation investment may struggle to yield the desired return given the initial overvaluation of the property.
Economic Vulnerability The economic stability score of 65/100 indicates a potential risk of fluctuations in the market that could affect property value, while the tenant stability score of 60/100 suggests a higher likelihood of tenant turnover, impacting rental income reliability.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
