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.
4-bedroom, 2-bathroom house of 120 m², built in 2021, energy rating D. Located Igreja Nova e Cheleiros parish, Mafra municipality, Lisbon district. The property features a unique mezzanine that can be utilized for a home office or additional leisure space, maximizing the home's functionality and aesthetic appeal.
The valuation. The asking price of €510,000 is significantly above the fair value of €272,129, making it overpriced by €237,871 (46.6%). Such a substantial gap raises concerns about the property's return on investment.
Fair value modelled at €272,129 from the area baseline, adjusted for condition and location. Asking €510,000 sits €237,871 (46.6%) above — overpriced versus fair value.
Asking €510,000 versus the Igreja Nova e Cheleiros, Mafra, Lisbon area baseline of €257,520 (€2,146/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 72 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 64/100 (Housing Market 70 · Amenities 60 · Economic 65 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Igreja Nova e Cheleiros, Mafra, Lisbon
Area baseline €257,520 + condition +€187 + location +€14,421 = modelled fair value of €272,129 (€2,268/m²), a €237,871 (46.6%) gap versus the €510,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Igreja Nova e Cheleiros · f364d7 | Subject | €510,000 | €4,250 | — | 72 | 64 |
| rua do Mato | Active | €1,150,000 | €6,928 | 63.0% | 74 | 58 |
| Mafra · 4babcc | Active | €495,000 | €2,450 | 42.3% | 75 | 56 |
| Mafra · 82c819 | Active | €495,000 | €2,912 | 31.5% | 68 | 67 |
| Igreja Nova e Cheleiros · 65a6b8 | Active | €510,000 | €3,517 | 17.2% | 73 | 58 |
| Median comp | €502,500 | €3,215 | 24.4% | 74 | 58 |
Long-term rental The property in Igreja Nova e Cheleiros is overpriced by 46.6% compared to its fair value, making the return on a long-term rental investment unattractive, especially with a gross yield of 0%. Given the moderate neighborhood safety and amenities, tenant demand may not be sufficient to warrant this high price. Family rental With a fair value of €272,129, the property’s listing price of €510,000 is not justified for a family rental investment, particularly when factoring in the neighborhood's safety score of 64/100. This significant price gap likely limits appeal to potential family renters who seek both value and a secure environment. Buy-and-hold Investing in this property for a buy-and-hold strategy is compromised by its 46.6% overpricing relative to fair value, coupled with a lack of rental yield. The suburban setting of Igreja Nova e Cheleiros may offer stability, but the property's price does not reflect the expected appreciation for long-term investment potential.
Tenant turnover risk With a Tenant stability score of 60/100, there is a heightened risk of potential turnover and vacancy, indicating instability in the rental income stream.