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 92 m², built in 1985, energy rating C. Located Ericeira parish, Mafra municipality, Lisbon district. Noteworthy Features: This property offers elegant balconies that not only provide breathtaking ocean views but also maximize natural light throughout the living spaces.
The valuation. The asking price of €695,000 is significantly above the fair value of €198,855, creating a disparity of €496,145. With a difference of 71.4%, this property is overpriced. Buy-to-flip angle. A buy-to-flip strategy would not be advisable given the substantial markup—reselling this property would require a significant market price increase to realize any profit. Buy-to-let angle. The estimated rental income of €1,390 per month results in a gross yield of 2.4%, which indicates lower profitability for long-term rental purposes in this suburb influences by proximity to Lisbon.
Fair value modelled at €198,855 from the area baseline, adjusted for condition and location. Asking €695,000 sits €496,145 (71.4%) above — overpriced versus fair value.
Asking €695,000 versus the Ericeira, Mafra, Lisbon area baseline of €182,252 (€1,981/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 (Condition 85 · Materials 87 · Room dimensions 81). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 57/100 (Housing Market 60 · Amenities 55 · Economic 55 · Tenant Quality 50). Strong amenities and housing-market momentum support a premium to baseline.
Ericeira, Mafra, Lisbon
Area baseline €182,252 + condition +€11,500 + location +€5,103 = modelled fair value of €198,855 (€2,161/m²), a €496,145 (71.4%) gap versus the €695,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ericeira · 02424b | Subject | €695,000 | €7,554 | — | 85 | 57 |
| largo Pocinhos | Active | €414,000 | €4,224 | 44.1% | 76 | 55 |
| rua dos Três Moinhos | Active | €519,000 | €3,932 | 48.0% | 72 | 47 |
| Ericeira · 6fbc0c | Active | €580,000 | €5,421 | 28.2% | 79 | 59 |
| Ericeira · 38a066 | Active | €519,000 | €3,932 | 48.0% | 78 | 46 |
| Median comp | €519,000 | €4,078 | 46.0% | 77 | 51 |
Long-term rental The property at €695,000, which is overpriced at a fair value of €198,855, offers a gross yield of only 2.4%. With a neighborhood score of 57/100, the demand for long-term rentals may not justify the current high price. Buy-and-hold Considering that this apartment is overpriced by 71.4% against its fair value, the potential return on investment for a buy-and-hold strategy appears limited. The comparatively low yield combined with the neighborhood rating suggests that capital appreciation may not be sufficient to offset the initial investment cost.
Economic and Tenant Instability Risk The economic stability score of 55/100 and tenant stability score of 50/100 indicate a heightened risk of income volatility and potential tenant turnover, which could negatively impact rental income streams.
