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.
3-bedroom, 2-bathroom apartment of 98 m², energy rating C. Located on largo Pocinhos, Ericeira parish, Mafra municipality, Lisbon district. Noteworthy Features: This apartment boasts a west-facing balcony perfect for enjoying sunsets and a prime location just two minutes from the beach in vibrant Ericeira.
The valuation. The asking price of €414,000 sits significantly above fair value, which is €203,074, resulting in an excessive markup of €210,926 (50.9%). Verdict: overpriced.
Fair value modelled at €203,074 from the area baseline, adjusted for condition and location. Asking €414,000 sits €210,926 (50.9%) above — overpriced versus fair value.
Asking €414,000 versus the largo Pocinhos area baseline of €406,994 (€4,153/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 76 · 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 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
largo Pocinhos
Area baseline €406,994 + condition +€5,053 + location +€3,883 = modelled fair value of €203,074 (€2,072/m²), a €210,926 (50.9%) gap versus the €414,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| largo Pocinhos | Subject | €414,000 | €4,224 | — | 76 | 55 |
| largo Pocinhos, 1 | Active | €398,000 | €3,980 | 5.8% | 64 | 59 |
| Ericeira · 6fbc0c | Active | €580,000 | €5,421 | 28.3% | 79 | 59 |
| Ericeira · 02424b | Active | €695,000 | €7,554 | 78.8% | 85 | 57 |
| Ericeira · 024246 | Active | €720,000 | €10,141 | 140.0% | 72 | 65 |
| Median comp | €637,500 | €6,488 | 53.6% | 76 | 59 |
Long-term rental This 3-bed apartment in Ericeira, despite its potential appeal, is overpriced by 50.9% compared to its fair value of €203,074. The modest yield of 4% and the neighborhood's score of 55/100 further indicate that this investment may not generate satisfactory returns over the long term. Buy-and-hold Holding onto this property in Ericeira presents significant risks, given that its market price is well above its fair value. With a gross yield of only 4% and limited amenities due to its peripheral location, there are likely better investment opportunities elsewhere in the region. Not ideal for short-term vacation rental The conditions of the property and its limited location result in a significant mismatch for a short-term vacation rental strategy. With an area rating of only 55/100, the demand may fall short of expectations in this segment. Not ideal for luxury market Targeting the luxury market with this property is ill-advised, as its quality and location do not align with typical luxury standards. The apartment's condition rating of 78/100 and its rural characteristics do little to support a high-end investment thesis.
Economic and Tenant Stability Risk The property's economic stability score of 55/100 and tenant stability score of 60/100 suggest a moderate risk, indicating potential fluctuations in rental income and higher vacancy rates.
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