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.
1-bedroom, 1-bathroom apartment of 67 m², built in 2000, energy rating C. Located on rua Mira Parque, 2, Ericeira parish, Mafra municipality, Lisbon district. Noteworthy Features: The apartment boasts a spacious balcony ideal for sunset views and is located in a secure private condominium with direct access to communal gardens and a swimming pool.
The valuation. The asking price of €360,000 is significantly higher than the fair value of €138,125, resulting in a difference of €221,875 (61.6%). This property is considered overpriced.
Fair value modelled at €126,805 from the area baseline, adjusted for condition and location. Asking €360,000 sits €233,195 (64.8%) above — overpriced versus fair value.
Asking €360,000 versus the rua Mira Parque, 2 area baseline of €132,727 (€1,981/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 (Condition 70 · Materials 68 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 56/100 (Housing Market 55 · Amenities 60 · Economic 50 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua Mira Parque, 2
Area baseline €132,727 + condition -€9,108 + location +€3,185 = modelled fair value of €126,805 (€1,893/m²), a €233,195 (64.8%) gap versus the €360,000 asking price.
Long-term rental The 1-bed apartment in Ericeira, listed at €360,000, is overpriced by 61.6% compared to its fair value of €138,125, diminishing its appeal for long-term rental opportunities. With a gross yield of only 3.7% and a condition rating of 66/100, the investment returns are unlikely to justify the inflated purchase price. Family rental This property, while located in a peri-urban area with basic amenities, is overpriced at €360,000, significantly above the fair value of €138,125. Given its moderate connectivity to Lisbon and a neighbourhood rating of 56/100, it may not adequately attract families seeking a cost-effective rental option. Not ideal for The apartment is not suitable for the luxury market, student housing, or short-term vacation rentals given its fair value of €138,125 and overall condition. With rising prices outpacing rental yields, these segments are likely to experience lower demand relative to the asking price.
Economic Volatility Risk With an economic stability score of 50/100, the property may be subject to increased vacancy rates and rental reductions due to potential economic downturns impacting tenant income and demand.
