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, 2-bathroom apartment of 118 m², built in 2020, energy rating A. Located on rua das Lombas, 8, Ericeira parish, Mafra municipality, Lisbon district. This apartment features a balcony with a direct southern exposure that offers stunning sea views, enhancing outdoor living experiences just steps from Praia do Sul.
The valuation. The asking price of €737,000 is significantly above the fair value of €252,248, resulting in a discrepancy of €484,752 (65.8%). This property is considered overpriced in the current market context.
Fair value modelled at €252,248 from the area baseline, adjusted for condition and location. Asking €737,000 sits €484,752 (65.8%) above — overpriced versus fair value.
Asking €737,000 versus the rua das Lombas, 8 area baseline of €233,758 (€1,981/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 (Condition 85 · Materials 90 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 54/100 (Housing Market 60 · Amenities 50 · Economic 50 · Tenant Quality 50). Strong amenities and housing-market momentum support a premium to baseline.
rua das Lombas, 8
Area baseline €233,758 + condition +€14,750 + location +€3,740 = modelled fair value of €252,248 (€2,138/m²), a €484,752 (65.8%) gap versus the €737,000 asking price.
Long-term rental With a gross yield of only 2.2%, this 2-bed apartment in Ericeira does not present a compelling long-term rental investment opportunity. Given the property's fair value of €252,248, a purchase price of €737,000 indicates that it is overpriced by 65.8%. Family rental While the apartment may seem suitable for family rental, the €737,000 asking price far exceeds its fair market value of €252,248, making it an overpriced option. Additionally, the neighbourhood score of 54/100 suggests limitations in tenant quality and amenities, which could negatively impact rental viability and demand.
Economic and Tenant Instability Risk With both economic stability and tenant stability scores at 50/100, the property faces a significant risk of vacancy and rental income fluctuations.
