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 51 m², built in 1951. Located Malveira e São Miguel de Alcainça parish, Mafra municipality, Lisbon district. Noteworthy Feature: This apartment features unique Velux windows in the bedrooms, offering excellent natural light while maintaining privacy and enhancing the contemporary aesthetic of the space.
The valuation. The asking price of €200,000 is substantially above fair value, which is determined to be €115,619. This represents an overpricing of €84,381, or 42.2%, indicating that the property is overpriced for the market.
Fair value modelled at €115,619 from the area baseline, adjusted for condition and location. Asking €200,000 sits €84,381 (42.2%) above — overpriced versus fair value.
Asking €200,000 versus the Malveira e São Miguel de Alcainça, Mafra, Lisbon area baseline of €109,446 (€2,146/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 77 · Materials 82 · Room dimensions 81). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 55/100 (Housing Market 60 · Amenities 50 · Economic 55 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
Malveira e São Miguel de Alcainça, Mafra, Lisbon
Area baseline €109,446 + condition +€3,984 + location +€2,189 = modelled fair value of €115,619 (€2,267/m²), a €84,381 (42.2%) gap versus the €200,000 asking price.
Long-term rental The current listing price of €200,000 significantly exceeds the fair value of €115,619, indicating that the property is overpriced for a long-term rental strategy. With a gross yield of 0%, the investment does not present a compelling opportunity for steady rental income. Family rental Given the property’s listing at €200,000 against a fair value of €115,619, it is priced too high for a family rental strategy. The suburban location offers some amenities and a typical safety profile, but the steep price undermines its attractiveness to potential family tenants. Buy-and-hold Although the buy-and-hold strategy usually benefits from long-term property appreciation, this apartment's price of €200,000, significantly above the €115,619 fair value, suggests it is overpriced. With limited gross yield and neighborhood scores impacting future value, the forecasted return on investment is unpromising at current pricing.
Economic and Tenant Instability Risk: With both economic and tenant stability scores at 55/100, there is a significant risk of fluctuating rental income and potential vacancies, impacting the overall property cash flow negatively.**
