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.
0-bedroom, 0-bathroom mix_use_building of 200 m², built in 1950. Located on rua Doutor Eduardo Burnay, 59, Ericeira parish, Mafra municipality, Lisbon district. Noteworthy Features: This property includes approved plans for two additional floors, enhancing its development potential in a prime location within Ericeira Village. Condition: Well-maintained with modern design elements and efficient layout.
The valuation. The asking price of €985,000 significantly exceeds the fair value of €413,187, presenting an overpriced situation with a discrepancy of €571,814 (58.1%). Buy-to-flip angle. The resale strategy would depend on revitalizing the high-quality finishes to attract buyers, although the current market conditions may hinder significant profit margins. Buy-to-let angle. Given the gross yield of 0%, a family rental strategy may be challenging; attracting long-term tenants could require substantial price adjustments or added amenities to ensure competitiveness.
Fair value modelled at €413,187 from the area baseline, adjusted for condition and location. Asking €985,000 sits €571,814 (58.1%) above — overpriced versus fair value.
Asking €985,000 versus the rua Doutor Eduardo Burnay, 59 area baseline of €396,200 (€1,981/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 55/100 (Housing Market 50 · Amenities 50 · Economic 45 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
rua Doutor Eduardo Burnay, 59
Area baseline €396,200 + condition +€9,063 + location +€7,924 = modelled fair value of €413,187 (€2,066/m²), a €571,814 (58.1%) gap versus the €985,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doutor Eduardo Burnay, 59 | Subject | €985,000 | €4,925 | — | 75 | 55 |
| Ericeira · 5230a7 | Active | €725,000 | €4,096 | 16.8% | 78 | 56 |
| rua Mira Parque, 2 | Active | €360,000 | €5,373 | 9.1% | 70 | 56 |
| Ericeira · 388ad0 | Active | €595,000 | €3,563 | 27.7% | 73 | 60 |
| Ericeira · 73549b | Active | €366,000 | €3,050 | 38.1% | 72 | 56 |
| Median comp | €480,500 | €3,830 | 22.2% | 73 | 56 |
Long-term rental The 0-bed mix_use_building in Ericeira is overpriced at €985,000, with a significant gap of 58.1% compared to its fair value of €413,187. Given the absence of rental yield and limited tenant quality in the suburban neighborhood, this property is not a sound long-term investment. Family rental With a listing price of €985,000, the property significantly exceeds its fair value of €413,187, indicating it is overpriced by 58.1%. Additionally, the average condition and neighborhood ratings suggest that it may not attract families looking for quality living options, further diminishing its investment appeal.
Low Demand Risk: With an economic stability score of 45/100 and a tenant stability score of 55/100, this property may face difficulties attracting and retaining tenants, potentially impacting rental income.
