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 €340,704 (€3,276/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 €340,704 + 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.
