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.
0-bedroom, 0-bathroom house of 187 m², built in 1977. Located Igreja Nova e Cheleiros parish, Mafra municipality, Lisbon district. Noteworthy Features: The property offers exceptional southern and western solar exposure, ideal for maximizing natural light in a renovated design, and is situated in a serene rural environment, perfect for peace seekers.
The valuation. The asking price of €165,000 is significantly below the fair value of €278,403, creating a differential of €113,403 (68.7%). This property is considered subpriced and presents an attractive opportunity for investors. Buy-to-flip angle. A buy-to-flip strategy might capitalize on the current low valuation, as minimal upgrades could significantly enhance resale potential in a growing market, potentially yielding a considerable profit. Buy-to-let angle. For rental income, the estimated gross yield of 14.7% (~€2,021/month) suggests strong cash flow potential. Long-term family rentals could attract stable tenants due to proximity to Lisbon and recreational areas.
Fair value modelled at €278,403 from the area baseline, adjusted for condition and location. Asking €165,000 sits €113,403 (68.7%) below — the upside to fair value.
Asking €165,000 versus the Igreja Nova e Cheleiros, Mafra, Lisbon area baseline of €401,302 (€2,146/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 23/100 (Condition 18 · Materials 20 · Room dimensions 30). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 69/100 (Housing Market 70 · Amenities 65 · Economic 75 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Igreja Nova e Cheleiros, Mafra, Lisbon
Area baseline €401,302 + condition -€153,398 + location +€30,499 = modelled fair value of €278,403 (€1,489/m²), a €113,403 (68.7%) gap versus the €165,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Igreja Nova e Cheleiros · 90d7b2 | Subject | €165,000 | €882 | — | 18 | 69 |
| rua 25 de Abril, 54 | Active | €450,000 | €1,772 | 100.8% | — | 73 |
| beco do Carrascal, 1 | Active | €125,000 | €1,078 | 22.1% | — | 69 |
| Freiria · 95701d | Active | €190,000 | €1,759 | 99.4% | 20 | 54 |
| Mina de Água · 42005b | Active | €120,000 | €2,264 | 156.6% | — | 72 |
| Median comp | €157,500 | €1,766 | 100.1% | 20 | 71 |
Long-term rental The property in Igreja Nova e Cheleiros, listing at €165,000, offers a compelling gross yield of 14.7%, suggesting a strong ability to generate consistent rental income. With a fair value significantly higher at €278,403, this property stands out as a subvalorizada opportunity for long-term investment. Family rental Given its favorable location near Lisbon and proximity to natural parks, this 0-bed house presents an attractive option for families seeking more affordable housing. The substantial gap from the fair value, marked at 68.7%, reinforces its appeal for family rentals as it provides a balance of affordability and quality neighborhood. Buy-and-hold Investing in this property as a buy-and-hold strategy could leverage the current market conditions, as the fair value suggests that it may appreciate over time well beyond its listing price. With a solid gross yield and good neighborhood quality, it positions itself effectively for long-term capital growth while providing immediate cash flow.
Economic Tenant Fluctuation Risk The economic stability score of 75/100 suggests moderate resilience, while the lower tenant stability score of 65/100 indicates potential for higher tenant turnover, which could negatively impact rental income.