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 98 m², built in 1997. Located on avenida Primeiro de Maio S / N, Mafra parish, Mafra municipality, Lisbon district. Noteworthy Features: This apartment includes a private stair lift for enhanced accessibility and a spacious sunroom ideal for relaxation or additional living space.
The valuation. The asking price of €350,000 is significantly above the fair value of €192,082, indicating an overvaluation of €157,918 or 45.1%. This discrepancy suggests the property is overpriced, which may lead to challenges in achieving a profitable sale. Buy-to-flip angle. Given the property's condition rated at 70/100, the buy-to-flip strategy may involve making minimal upgrades to the kitchen and bathrooms to increase appeal. However, the current asking price presents significant barriers for profitable resale in the short term. Buy-to-let angle. With an estimated gross yield of 3.6%, the rental income strategy anticipates monthly earnings of around €1,050, positioning it for steady cash flow. However, the broader market dynamics in a mixed neighborhood suggest potential challenges in tenant retention and occupancy rates.
Fair value modelled at €192,082 from the area baseline, adjusted for condition and location. Asking €350,000 sits €157,918 (45.1%) above — overpriced versus fair value.
Asking €350,000 versus the avenida Primeiro de Maio S / N area baseline of €194,138 (€1,981/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 70 · Materials 65 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 58/100 (Housing Market 60 · Amenities 55 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
avenida Primeiro de Maio S / N
Area baseline €194,138 + condition -€8,269 + location +€6,212 = modelled fair value of €192,082 (€1,960/m²), a €157,918 (45.1%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Primeiro de Maio S / N | Subject | €350,000 | €3,571 | — | 70 | 58 |
| Mafra · 25f69a | Active | €415,000 | €3,843 | 7.6% | 72 | 53 |
| rua Luís de Camões, 12 | Active | €345,000 | €3,833 | 7.3% | 73 | 69 |
| Mafra · 8936d1 | Active | €339,900 | €4,249 | 19.0% | 77 | 55 |
| Mafra · 6d5591 | Active | €320,000 | €4,706 | 31.8% | 75 | 63 |
| Median comp | €342,450 | €4,046 | 13.3% | 74 | 59 |
Long-term rental The current listing price of €350,000 significantly exceeds the fair value of €192,082, leading to an overpriced assessment of 45.1%. The gross yield of 3.6% does not justify this premium, particularly given the average condition rating of 70/100 and neighborhood score of 58/100. Family rental At €350,000, the property is selling well above its fair value of €192,082, indicating a substantial overpricing of 45.1%. With a decent neighborhood score of 58/100 and a gross yield of only 3.6%, this investment poses financial risks for family tenants seeking affordable options. Buy-and-hold The property is categorized as overpriced at €350,000, standing 45.1% above the fair value of €192,082. The gross yield of 3.6% does not present a compelling argument for a buy-and-hold strategy, especially given its condition rating of 70/100 and the less favorable neighborhood characteristics.
Economic Vulnerability The property is at risk due to a low economic stability score of 55/100, indicating potential challenges in local economic conditions which may affect property value and demand for tenants.
