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 €425,915 (€1,981/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. Full condition report →
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. Full location report →
praceta das Lombas, 4
Area baseline €425,915 + 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.
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.
