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 apartment of 71 m², built in 1994, energy rating D. Located Ericeira parish, Mafra municipality, Lisbon district. Noteworthy Features: The terrace offers unobstructed sea views, ideal for outdoor dining, while the attic serves as a versatile independent living space with natural light and kitchenette amenities.
The valuation. The asking price of €720,000 sits significantly above the fair value of €150,421, indicating a disparity of €569,579 or 79.1%. This property is considered overpriced.
Fair value modelled at €150,421 from the area baseline, adjusted for condition and location. Asking €720,000 sits €569,579 (79.1%) above — overpriced versus fair value.
Asking €720,000 versus the Ericeira, Mafra, Lisbon area baseline of €294,863 (€4,153/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 79 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 65/100 (Housing Market 60 · Amenities 65 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Ericeira, Mafra, Lisbon
Area baseline €294,863 + condition +€1,331 + location +€8,439 = modelled fair value of €150,421 (€2,119/m²), a €569,579 (79.1%) gap versus the €720,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ericeira · 024246 | Subject | €720,000 | €10,141 | — | 72 | 65 |
| Ericeira · 6fbc0c | Active | €580,000 | €5,421 | 46.5% | 79 | 59 |
| largo Pocinhos | Active | €414,000 | €4,224 | 58.3% | 76 | 55 |
| rua dos Três Moinhos | Active | €519,000 | €3,932 | 61.2% | 72 | 47 |
| Ericeira · 38a066 | Active | €519,000 | €3,932 | 61.2% | 78 | 46 |
| Median comp | €519,000 | €4,078 | 59.8% | 77 | 51 |
Long-term rental The property is significantly overpriced at €720,000, with a fair value of only €150,421, representing a substantial 79.1% gap. With a gross yield of just 2.1%, this investment does not align with sound long-term rental expectations in the current market. Family rental Given the high asking price relative to its fair value, this 3-bed apartment may not be an attractive option for families seeking a reasonable rental experience. Additionally, the neighbourhood ratings of 65/100 indicate that while there are decent amenities, there are better-value options available. Buy-and-hold Investing in this property as a buy-and-hold strategy is unadvisable, considering its 79.1% premium over fair value. The low yield of 2.1% and the overall condition score of 76/100 limit its potential for appreciation in the long term.
Economic Vulnerability Despite a moderate economic stability score of 65/100, the property may face challenges in attracting and retaining tenants, potentially impacting rental income.
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