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 114 m², built in 2004. Located Milharado parish, Mafra municipality, Lisbon district. Noteworthy Features: This apartment includes a balcony with views of the surrounding landscape, enhancing outdoor living potential alongside its spacious layout. Valuation Verdict: Excellent appreciation potential due to strategic location near Lisbon.
The valuation. The asking price of €300,000 sits €81,915 above the fair value of €218,085, indicating that this property is overpriced by 27.3%. Buyers should carefully consider this discrepancy before proceeding.
Fair value modelled at €218,085 from the area baseline, adjusted for condition and location. Asking €300,000 sits €81,915 (27.3%) above — overpriced versus fair value.
Asking €300,000 versus the Milharado, Mafra, Lisbon area baseline of €225,834 (€1,981/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 60/100 (Condition 58 · Materials 62 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 70 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Milharado, Mafra, Lisbon
Area baseline €225,834 + condition -€26,719 + location +€18,970 = modelled fair value of €218,085 (€1,913/m²), a €81,915 (27.3%) gap versus the €300,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Milharado · 25f90e | Subject | €300,000 | €2,632 | — | 58 | 71 |
| Venda do Pinheiro e Santo Estêvão das Galés · 6d5593 | Active | €385,000 | €3,235 | 22.9% | 70 | 63 |
| rua Padre Alfredo F. de Brito | Active | €450,000 | €4,839 | 83.9% | 78 | 63 |
| avenida de Portugal | Active | €425,000 | €2,911 | 10.6% | 72 | 58 |
| rua Várzea da Lapa S / N | Active | €480,000 | €1,579 | 40.0% | 73 | 73 |
| Median comp | €437,500 | €3,073 | 16.8% | 73 | 63 |
Long-term rental The property in Milharado is currently priced at €300,000, which is 27.3% above the fair value of €218,085, making it less attractive for long-term rental investments. With a yield of 0% gross, this property does not align with the financial expectations typically sought after by investors in this market. Family rental While the property might initially appeal to families due to its size, its listing price significantly exceeds the fair value, suggesting it is overpriced at €300,000 compared to €218,085. Additionally, with a neighborhood score of 71/100, the overall conditions do not justify the high initial investment required. Buy-and-hold The buy-and-hold strategy is hindered by the apartment being listed at €300,000, which is substantially above the fair value of €218,085, indicating it is overpriced and could lead to poor capital appreciation. Investors may find it challenging to attain satisfactory returns due to the property’s current yield of 0% gross and a condition rating of 60/100, reflecting ongoing maintenance concerns.
Economic sensitivity risk The economic stability score of 70/100 suggests potential vulnerability to economic downturns, which could impact tenant retention and rental income.