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.
2-bedroom, 1-bathroom house of 66 m². Located Milharado parish, Mafra municipality, Lisbon district. Noteworthy Features: This property features a large 10,312 m² lot, allowing for potential garden landscaping or future expansion, and is eligible for registration under the simplex program.
The valuation. The asking price of €250,000 is significantly above the fair value of €133,773, representing an overprice of €116,227 (46.5%). As such, this property does not present a favorable investment opportunity.
Fair value modelled at €133,773 from the area baseline, adjusted for condition and location. Asking €250,000 sits €116,227 (46.5%) above — overpriced versus fair value.
Asking €250,000 versus the Milharado, Mafra, Lisbon area baseline of €130,746 (€1,981/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 70 · Materials 75 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 69/100 (Housing Market 65 · Amenities 60 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Milharado, Mafra, Lisbon
Area baseline €130,746 + condition -€6,909 + location +€9,937 = modelled fair value of €133,773 (€2,027/m²), a €116,227 (46.5%) gap versus the €250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Milharado · 4a8224 | Subject | €250,000 | €3,788 | — | 70 | 69 |
| Sapataria · 0900a6 | Active | €450,000 | €3,629 | 4.2% | 70 | 57 |
| Venda do Pinheiro e Santo Estêvão das Galés · 8936bb | Active | €750,000 | €3,000 | 20.8% | 66 | 70 |
| rua dos Salgueirinhos | Active | €535,000 | €3,323 | 12.3% | — | 63 |
| rua Terras do Paço, 9 | Active | €469,000 | €2,577 | 32.0% | 72 | 55 |
| Median comp | €502,000 | €3,162 | 16.5% | 70 | 60 |
Family rental The property is overpriced by 46.5% compared to its fair value of €133,773, which significantly diminishes the potential for attractive long-term family rentals. Given the suburban location within the Greater Lisbon metropolitan area, renting to families may yield stable tenancy, but the high listing price limits profitability. Long-term rental With a gross yield of only 3.3%, the property’s current asking price of €250,000 does not align with realistic investment expectations for long-term rental strategies. The fair value of €133,773 highlights a considerable gap, suggesting that the potential returns may not justify the cost under current market conditions. Buy-and-hold Investing in this property as a buy-and-hold strategy may carry substantial risks due to its 46.5% gap above fair value. While the area's safety and suburban appeal could offer long-term benefits, the current price level raises doubts about the long-term appreciation needed to justify holding this asset over time.
Tenant turnover risk A tenant stability score of 70/100 indicates a moderate risk of tenant turnover, which could impact rental income consistency and lead to potential vacancy periods that affect profitability.