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, 3-bathroom house of 215 m², built in 2003, energy rating D. Located on praceta das Lombas, 4, Carvoeira parish, Mafra municipality, Lisbon district. This property features a multifunctional garage space ideal for a leisure area or office, as well as private balconies with sea views from the upper floor bedrooms.
The valuation. The property is listed at €590,000, which is €143,713 (24.4%) above the fair value of €446,287. This indicates that the asking price is overpriced and does not align with market expectations.
Fair value modelled at €446,287 from the area baseline, adjusted for condition and location. Asking €590,000 sits €143,713 (24.4%) above — overpriced versus fair value.
Asking €590,000 versus the praceta das Lombas, 4 area baseline of €907,945 (€4,223/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 75 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 59/100 (Housing Market 60 · Amenities 50 · Economic 60 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
praceta das Lombas, 4
Area baseline €907,945 + condition +€5,039 + location +€15,333 = modelled fair value of €446,287 (€2,076/m²), a €143,713 (24.4%) gap versus the €590,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta das Lombas, 4 | Subject | €590,000 | €2,744 | — | 75 | 59 |
| Ericeira · ba3b4a | Active | €665,000 | €3,037 | 10.7% | 80 | 56 |
| Carvoeira · 96c6bc | Active | €590,000 | €3,391 | 23.6% | 65 | 66 |
| Carvoeira · 1e6386 | Active | €550,000 | €2,973 | 8.3% | — | 58 |
| Mafra · 4b8f84 | Active | €840,000 | €3,559 | 29.7% | 80 | 53 |
| Median comp | €627,500 | €3,214 | 17.1% | 80 | 57 |
Long-term rental This property is not ideal for a long-term rental strategy, given its 0% gross yield and the significant gap of 24.4% compared to the fair value of €446,287. Additionally, the neighborhood's quality rating of 59/100 suggests that tenant demand may be lower, making consistent occupancy less likely. Buy-and-hold Investing in this property as a buy-and-hold option is less favorable due to its overpriced listing at €590,000, resulting in a considerable discrepancy from fair value. With a relatively low condition rating of 77/100 and no prospect for yield, capital appreciation may not meet expectations. Value-add renovation While a value-add renovation strategy typically seeks to enhance property value, this property's current pricing at €590,000 is excessive compared to its fair value of €446,287. The renovation costs may not justify an increased return on investment, particularly in a neighborhood rated 59/100 for quality.
Economic Sensitivity Risk With an economic stability score of 60/100 and a tenant stability score of 55/100, this property may be vulnerable to economic fluctuations that could lead to increased vacancies or rent reductions.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
