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.
2-bedroom, 1-bathroom apartment of 167 m². Located Ericeira parish, Mafra municipality, Lisbon district. Noteworthy Features: This apartment boasts access to a range of amenities including both indoor and outdoor pools, a gym, and a tennis court within the condominium.
The valuation. The asking price of €595,000 is significantly above the fair value of €344,060, representing an overvaluation of €250,940 (42.2%). This discrepancy suggests the property is overpriced compared to market standards.
Fair value modelled at €344,060 from the area baseline, adjusted for condition and location. Asking €595,000 sits €250,940 (42.2%) above — overpriced versus fair value.
Asking €595,000 versus the Ericeira, Mafra, Lisbon area baseline of €693,551 (€4,153/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 73 · Materials 78 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 60/100 (Housing Market 60 · Amenities 60 · Economic 70 · Tenant Quality 50). Strong amenities and housing-market momentum support a premium to baseline.
Ericeira, Mafra, Lisbon
Area baseline €693,551 + condition +€0 + location +€13,233 = modelled fair value of €344,060 (€2,060/m²), a €250,940 (42.2%) gap versus the €595,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ericeira · 388ad0 | Subject | €595,000 | €3,563 | — | 73 | 60 |
| Ericeira · dee430 | Active | €540,000 | €5,294 | 48.6% | 65 | 64 |
| rua Mira Parque, 2 | Active | €360,000 | €5,373 | 50.8% | 70 | 56 |
| Ericeira · 02424b | Active | €695,000 | €7,554 | 112.0% | 85 | 57 |
| Ericeira · 6fbc0c | Active | €580,000 | €5,421 | 52.1% | 79 | 59 |
| Median comp | €560,000 | €5,397 | 51.5% | 75 | 58 |
Long-term rental The property is overpriced with a significant gap of 42.2% above its fair value of €344,060, resulting in a gross yield of only 2.7%. Given the neighbourhood's average score of 60/100, attracting stable long-term tenants may prove challenging in a market where affordability is key. Family rental Given the 42.2% overvaluation and a less than ideal condition rating of 75/100, this 2-bed apartment may struggle to attract families seeking value for their rental budget. The neighbourhood's amenities and quality of tenant prospects may not fully compensate for the property’s pricing premium. Buy-and-hold While proximity to Lisbon offers some economic support, the property’s status as overpriced by 42.2% and the low gross yield of 2.7% suggest it may not provide the expected appreciation or cash flow benefits over time. Investors should reconsider the buy-and-hold strategy here as the neighborhood's overall rating of 60/100 indicates limited potential for future enhancement in property value.
Tenant turnover risk The tenant stability score of 50/100 indicates a higher likelihood of tenant turnover, which may lead to increased vacancy rates and rental income instability.
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