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, along with a well-maintained landscaped exterior enhancing the tranquil living experience. Location Advantage: Just minutes from Ericeira beaches and local amenities.
The valuation. The asking price of €360,000 sits significantly above the fair value of €126,805, presenting a discrepancy of €233,195 (64.8%). Consequently, this property is deemed 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 €278,251 (€4,153/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.
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.
rua Mira Parque, 2
Area baseline €278,251 + 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.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Mira Parque, 2 | Subject | €360,000 | €5,373 | — | 70 | 56 |
| Ericeira · dee430 | Active | €540,000 | €5,294 | 1.5% | 65 | 64 |
| Ericeira · 388ad0 | Active | €595,000 | €3,563 | 33.7% | 73 | 60 |
| largo Pocinhos, 1 | Active | €398,000 | €3,980 | 25.9% | 64 | 59 |
| largo Pocinhos | Active | €414,000 | €4,224 | 21.4% | 76 | 55 |
| Median comp | €477,000 | €4,102 | 23.7% | 69 | 60 |
Long-term rental The 1-bed apartment in Ericeira, listed at €360,000, is not a viable long-term rental investment as its fair value sits at €126,805, marking a significant 64.8% gap that underscores its overpriced status. Moreover, with a gross yield of only 3.7% and a neighbourhood rating of 56/100, potential returns are not compelling enough to justify the investment. Family rental Investing in the family rental market for this apartment is ill-advised given the substantial 64.8% gap from its fair value of €126,805 to the listing price of €360,000, which suggests the property is overpriced. Additionally, the combined neighbourhood condition rating of 56/100 and a gross rental yield of 3.7% further indicate limited attractiveness for family tenants in this peri-urban setting.
Economic Instability Risk The economic stability score of 50/100 indicates a high risk of adverse financial conditions, which could negatively impact rental income and property value.
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