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.
4-bedroom, 3-bathroom house of 209 m², built in 1996, energy rating C. Located Ericeira parish, Mafra municipality, Lisbon district. Noteworthy feature: The property includes a closed barbecue area adjacent to the pool, facilitating year-round gatherings, while the garden boasts a variety of flowers and fruit trees for a charming outdoor experience.
The valuation. The asking price of €949,000 significantly exceeds the fair value of €431,943, amounting to an overvaluation of €517,057 (54.5%). Verdict: overpriced. Buy-to-flip angle. A buy-and-flip strategy is less viable due to the high asking price, limiting resale potential unless substantial renovations increase market appeal. Buy-to-let angle. With a gross yield of 2.5% (~€1,977/month), the rental income strategy may generate steady cash flow, although the lower yield reflects moderate demand in the mixed neighborhood.
Fair value modelled at €431,943 from the area baseline, adjusted for condition and location. Asking €949,000 sits €517,057 (54.5%) above — overpriced versus fair value.
Asking €949,000 versus the Ericeira, Mafra, Lisbon area baseline of €414,029 (€1,981/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 78 · Materials 84 · Room dimensions 81). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 48/100 (Housing Market 40 · Amenities 50 · Economic 35 · Tenant Quality 65). Softer demand indicators apply a discount to baseline.
Ericeira, Mafra, Lisbon
Area baseline €414,029 + condition +€21,227 + location -€3,312 = modelled fair value of €431,943 (€2,067/m²), a €517,057 (54.5%) gap versus the €949,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ericeira · ba59ef | Subject | €949,000 | €4,541 | — | 78 | 48 |
| Mafra · 4b8f84 | Active | €840,000 | €3,559 | 21.6% | 80 | 53 |
| Ericeira · 001586 | Active | €609,500 | €3,503 | 22.9% | 73 | 55 |
| Ericeira · 03250d | Active | €990,000 | €3,173 | 30.1% | 72 | 55 |
| rua Pinhal da Carrasqueira | Active | €739,000 | €4,452 | 2.0% | 75 | 61 |
| Median comp | €789,500 | €3,531 | 22.2% | 74 | 55 |
Long-term rental The property's yield of 2.5% is disappointing given the significant gap of 54.5% from fair value, indicating that it is overpriced. Additionally, the neighbourhood's low score of 48/100 suggests limited rental demand, making long-term investment less appealing. Buy-and-hold Investing in this property as a buy-and-hold strategy is questionable due to its substantial overpricing at €949,000 compared to a fair value of €431,943. Furthermore, with limited economic activity and a rural setting, future appreciation may not be sufficient to justify the initial investment.
Economic Volatility Risk The economic stability score of 35/100 indicates a high risk of market fluctuations that could negatively impact property values and rental income.
