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, 3-bathroom house of 205 m², built in 2008, energy rating C. Located Ericeira parish, Mafra municipality, Lisbon district. Noteworthy Features: The villa includes a 34 m² terrace perfect for outdoor entertaining, alongside a 102 m² garden featuring fruit trees and a barbecue area for family gatherings.
The valuation. The asking price of €650,000 sits €221,588 (34.1%) above the fair value of €428,412, indicating that the property is overpriced. The significant discrepancy raises concerns for potential buyers looking for value. Buy-to-flip angle. Given the high-quality finishes and attractive aesthetics, a resale strategy could focus on cosmetic upgrades and targeted marketing to capitalize on buyer interest in Ericeira, aiming for a quick turnover. This would require careful timing to maximize profit. Buy-to-let angle. With an estimated monthly rental income of €1,896, the gross yield stands at 3.5%, offering a steady income stream for investors. However, the limited local amenities may require strategic tenant placement, focusing on families seeking longer-term rentals.
Fair value modelled at €428,412 from the area baseline, adjusted for condition and location. Asking €650,000 sits €221,588 (34.1%) above — overpriced versus fair value.
Asking €650,000 versus the Ericeira, Mafra, Lisbon area baseline of €406,105 (€1,981/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 71 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 59/100 (Housing Market 55 · Amenities 50 · Economic 55 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Ericeira, Mafra, Lisbon
Area baseline €406,105 + condition +€7,688 + location +€14,620 = modelled fair value of €428,412 (€2,090/m²), a €221,588 (34.1%) gap versus the €650,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ericeira · de0bcc | Subject | €650,000 | €3,171 | — | 71 | 59 |
| Ericeira · 0dcd6d | Active | €560,000 | €2,995 | 5.6% | 80 | 59 |
| Ericeira · ba3b4a | Active | €665,000 | €3,037 | 4.2% | 80 | 56 |
| rua do Vale Caeiro, 3 | Active | €560,000 | €2,569 | 19.0% | 80 | 52 |
| Ericeira · 03250d | Active | €990,000 | €3,173 | 0.1% | 72 | 55 |
| Median comp | €612,500 | €3,016 | 4.9% | 80 | 56 |
Long-term rental The property is overpriced at €650,000, with a fair value estimate of €428,412 indicating a significant gap of 34.1%. Additionally, the low yield of 3.5% and limited neighbourhood amenities suggest long-term rental demand may not justify this high price. Family rental Given the asking price of €650,000, which exceeds the fair value of €428,412 by 34.1%, this property is not a sound investment for family rentals. The condition rating of 77/100 is decent but does not offset the high cost in an area where local amenities are limited and the neighbourhood quality is rated only 59/100.
Economic Volatility The property faces potential economic volatility due to a relatively low economic stability score of 55/100, which could affect tenant demand and rental income stability.