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 90 m², built in 1978, energy rating C. Located on rua Luís de Camões, 12, Mafra parish, Mafra municipality, Lisbon district. Noteworthy Features: The apartment includes a closed balcony with thermal insulation, suitable for use as an office space, enhancing its versatility for modern living. Location Advantage: It's a short walk from the Convent and the historical center, perfect for a vibrant lifestyle in Mafra.
The valuation. The asking price of €345,000 sits significantly above the fair value of €192,121, indicating an overpriced property by €152,879 (44.3%). This suggests the investment may not yield the anticipated returns. Buy-to-flip angle. Given the high-quality finishes, a wholesale strategy could involve minor cosmetic renovations to enhance appeal before reselling at a higher price. However, given the current valuation, achieving significant profit may prove challenging. Buy-to-let angle. With a gross yield of 3.5%, the rental income strategy focuses on long-term family rentals, targeting stable tenants in the suburban region of Mafra. Monthly rental income is estimated at €1,006, contributing to potential cash flow.
Fair value modelled at €192,121 from the area baseline, adjusted for condition and location. Asking €345,000 sits €152,879 (44.3%) above — overpriced versus fair value.
Asking €345,000 versus the rua Luís de Camões, 12 area baseline of €178,290 (€1,981/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 73 · Materials 76 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 69/100 (Housing Market 70 · Amenities 60 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Luís de Camões, 12
Area baseline €178,290 + condition +€281 + location +€13,550 = modelled fair value of €192,121 (€2,135/m²), a €152,879 (44.3%) gap versus the €345,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Luís de Camões, 12 | Subject | €345,000 | €3,833 | — | 73 | 69 |
| avenida Primeiro de Maio S / N | Active | €350,000 | €3,571 | 6.8% | 70 | 58 |
| Mafra · 8936d1 | Active | €339,900 | €4,249 | 10.8% | 77 | 55 |
| Mafra · 25f69a | Active | €415,000 | €3,843 | 0.2% | 72 | 53 |
| Mafra · 6d5591 | Active | €320,000 | €4,706 | 22.8% | 75 | 63 |
| Median comp | €344,950 | €4,046 | 5.5% | 74 | 57 |
Long-term rental The apartment in Mafra is overpriced by 44.3%, with a fair value of €192,121 compared to the listing price of €345,000. Despite a decent gross yield of 3.5%, the elevated price diminishes the attractiveness for long-term rental in a suburban area with average local amenities. Family rental Given the property's current price point, it is considered overpriced, which could limit its viability as a family rental option in Mafra. Although it has reasonable tenant quality in the area, the high listing price may deter potential long-term family tenants from viewing it as a desirable option. Buy-and-hold Investing in this 3-bed apartment for a buy-and-hold strategy is questionable due to its significant price above fair value, leading to a lack of immediate financial upside. The suburban nature of the location and economic factors further exacerbate the property’s overvaluation, impacting long-term investment returns.
Economic Vulnerability: With an economic stability score of 65/100, there is a risk that local economic fluctuations could impact tenant demand and rental income negatively.
