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, 2-bathroom house of 145 m², built in 2001, energy rating D. Located Igreja Nova e Cheleiros parish, Mafra municipality, Lisbon district. This property boasts a spacious outdoor leisure area, perfect for entertaining, along with fruit trees that enhance its appeal and connection to nature.
The valuation. The asking price of €510,000 is significantly above the fair value of €321,581, indicating an overpricing of €188,419 (36.9%). This discrepancy suggests a lack of alignment between market expectations and realistic valuation.
Fair value modelled at €321,581 from the area baseline, adjusted for condition and location. Asking €510,000 sits €188,419 (36.9%) above — overpriced versus fair value.
Asking €510,000 versus the Igreja Nova e Cheleiros, Mafra, Lisbon area baseline of €461,245 (€3,181/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 73 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 58/100 (Housing Market 55 · Amenities 50 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Igreja Nova e Cheleiros, Mafra, Lisbon
Area baseline €461,245 + condition +€453 + location +€9,957 = modelled fair value of €321,581 (€2,218/m²), a €188,419 (36.9%) gap versus the €510,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Igreja Nova e Cheleiros · 65a6b8 | Subject | €510,000 | €3,517 | — | 73 | 58 |
| rua de Paris | Active | €670,000 | €3,508 | 0.3% | 73 | 71 |
| rua Minhoto, 21 | Active | €479,000 | €4,696 | 33.5% | 72 | 69 |
| rua da Fundação | Active | €379,900 | €4,317 | 22.7% | 74 | 69 |
| Milharado · 4a8224 | Active | €250,000 | €3,788 | 7.7% | 70 | 69 |
| Median comp | €429,450 | €4,053 | 15.2% | 73 | 69 |
Long-term rental The property’s gross yield of 2.8% indicates a low return potential, making it less appealing for long-term investment in the current market. With a fair value gap of 36.9%, the house is positioned above reasonable market expectations. Family rental Given its condition rating of 75/100, the property may attract families looking for adequate living space, but the asking price overshoots fair value. The 58/100 neighborhood score suggests mixed appeal, which could hinder sustained demand from family tenants. Buy-and-hold As a buy-and-hold investment, this property faces challenges due to its overpriced nature, with a valuation significantly exceeding fair market conditions. The gross yield of 2.8% fails to compensate for the initial capital outlay, reducing the long-term investment appeal.
Economic and Tenant Instability Risk With both economic stability and tenant stability scores at 60/100, there is a heightened risk of fluctuating income and potential vacancy issues due to an unreliable tenant base and uncertain economic conditions.
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