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 120 m². Located Ericeira parish, Mafra municipality, Lisbon district. Property Features: This apartment includes a private terrace that enhances outdoor living, perfectly suited for leisure activities and gatherings in a serene condominium setting.
The valuation. The asking price of €366,000 is significantly above the fair value of €246,988, indicating that the property is overpriced by €119,012, or 32.5%. This discrepancy suggests limited investment appeal based on current valuation metrics.
Fair value modelled at €246,988 from the area baseline, adjusted for condition and location. Asking €366,000 sits €119,012 (32.5%) above — overpriced versus fair value.
Asking €366,000 versus the Ericeira, Mafra, Lisbon area baseline of €237,720 (€1,981/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 72 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 56/100 (Housing Market 55 · Amenities 55 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Ericeira, Mafra, Lisbon
Area baseline €237,720 + condition +€3,563 + location +€5,705 = modelled fair value of €246,988 (€2,058/m²), a €119,012 (32.5%) gap versus the €366,000 asking price.
Long-term rental The 2-bed apartment in Ericeira, listed at €366,000, represents a significant valuation gap of 32.5% above its fair value of €246,988, indicating it is overpriced. Given its gross yield of 4.5% and the suburban characteristics of the location, the potential for stable long-term rental income appears limited due to the lack of direct employment opportunities nearby. Family rental While the property offers a reasonable size for a family at 120m², the €366,000 price tag compared to its fair value of €246,988 suggests it is overpriced, with a 32.5% gap. The neighborhood's amenities and tenant quality ratings reflect modest appeal, which may further hinder the attractiveness of this location for family rentals despite the apartment's adequate condition rating of 77/100.
Economic Vulnerability With an economic stability score of 50/100, there is a significant risk that adverse economic conditions could adversely affect rental income and property value.
