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 155 m², energy rating C. Located on travessa Cabo., Ericeira parish, Mafra municipality, Lisbon district. Noteworthy Features: This apartment includes a fireplace with a heat recovery system and four balconies that provide unobstructed sea views from every room.
The valuation. The asking price of €487,000 is significantly above the fair value of €337,155, resulting in an excess of €149,845, or 30.8%. This property is clearly overpriced in the current market. Buy-to-flip angle. A buy-to-flip strategy could focus on minor cosmetic upgrades, leveraging the quality finishes and location to maximize price before resale. The goal would be to quickly turn a profit by tapping into the family-oriented buyer market. Buy-to-let angle. With a gross yield of 3.9%, the estimated rental income of €1,583 per month presents a stable return for a buy-to-let investment. Targeting families in the suburban Ericeira area aligns well with the property’s features and community setting.
Fair value modelled at €337,155 from the area baseline, adjusted for condition and location. Asking €487,000 sits €149,845 (30.8%) above — overpriced versus fair value.
Asking €487,000 versus the travessa Cabo. area baseline of €307,055 (€1,981/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 82 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 68/100 (Housing Market 70 · Amenities 65 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
travessa Cabo.
Area baseline €307,055 + condition +€7,992 + location +€22,108 = modelled fair value of €337,155 (€2,175/m²), a €149,845 (30.8%) gap versus the €487,000 asking price.
Long-term rental This 3-bed apartment in Ericeira is overpriced at €487,000 compared to its fair value of €337,155, indicating significant financial risk for long-term investment. The gross yield of 3.9% does not adequately compensate for this valuation gap, diminishing the attractiveness of a long-term rental strategy. Buy-and-hold Given the current listing price, this property is overpriced at €487,000, which is 30.8% above its fair value of €337,155. The potential for appreciation in a family-oriented community is overshadowed by the high initial cost, making the buy-and-hold approach less appealing. Family rental As a family rental, this property is overpriced at €487,000, significantly exceeding its fair value of €337,155. The modest gross yield of 3.9% does not align with the high entry cost, leading to concerns about the sustainability of rental returns in the long term.
Medium Economic Risk The economic stability score of 65/100 suggests potential fluctuations in overall economic conditions, which may impact tenant retention and property revenue stability.
