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 310 m², built in 2022, energy rating A. Located Ericeira parish, Mafra municipality, Lisbon district. This apartment features a remarkable 144.8 m² terrace with a covered barbecue and pre-installation for a jacuzzi, perfect for entertaining against a backdrop of stunning sea views.
The valuation. The asking price of €795,000 is significantly higher than the fair value of €661,752, making this property overpriced by €133,248 (16.8%). This discrepancy raises concerns about the potential for a worthwhile investment. Buy-to-flip angle. A resale or wholesale strategy might involve updating features and finishes to attract buyers, capitalizing on the property's high-quality materials and appealing layout. However, given the high asking price, a substantial profit may prove challenging. Buy-to-let angle. With an estimated gross yield of 2.6% (~€1,722/month), the rental income potential appears modest in relation to the asking price. Long-term rental strategies could be viable, but market factors in a suburban area limit prospects.
Fair value modelled at €661,752 from the area baseline, adjusted for condition and location. Asking €795,000 sits €133,248 (16.8%) above — overpriced versus fair value.
Asking €795,000 versus the Ericeira, Mafra, Lisbon area baseline of €1,287,430 (€4,153/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 80 · Materials 85 · Room dimensions 81). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 55/100 (Housing Market 60 · Amenities 50 · Economic 60 · Tenant Quality 50). Strong amenities and housing-market momentum support a premium to baseline.
Ericeira, Mafra, Lisbon
Area baseline €1,287,430 + condition +€35,359 + location +€12,282 = modelled fair value of €661,752 (€2,135/m²), a €133,248 (16.8%) gap versus the €795,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ericeira · ba3e05 | Subject | €795,000 | €2,565 | — | 80 | 55 |
| rua das Lombas, 8 | Active | €737,000 | €6,246 | 143.5% | 85 | 54 |
| rua da Liberdade | Active | €950,000 | €5,793 | 125.9% | 80 | 67 |
| Ericeira · f36370 | Active | €697,500 | €3,559 | 38.8% | 79 | 56 |
| Ericeira · ba5b71 | Active | €900,000 | €7,826 | 205.2% | — | 56 |
| Median comp | €818,500 | €6,020 | 134.7% | 80 | 56 |
Long-term rental The gross yield of 2.6% indicates that this property is not providing a competitive return for long-term rental investors, especially considering it is overpriced by 16.8% compared to its fair value. Additionally, the average neighbourhood rating of 55/100 suggests limited demand and tenant quality, further weighing against profitability. Buy-and-hold Holding this property at €795,000 may yield limited capital appreciation due to its overpriced status and lower-than-desirable gross yield of 2.6%. The overall condition rating of 82/100 does not compensate for the broader market dynamics indicating weakening demand in the neighbourhood. Family rental While the property can accommodate families comfortably, its 16.8% premium over fair value makes it a risky investment in the family rental market, where affordability is key. The less-than-ideal neighbourhood rating of 55/100 also raises concerns about attracting quality tenants for a stable rental period. Not ideal for Short-term vacation rental and student housing strategies are not suitable given the limited tourism influence in the area and the overall market conditions that do not support high turnover or transient occupancy.
Tenant turnover risk High tenant turnover is a concern due to a low tenant stability score of 50/100, indicating potential vacancies that could impact cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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