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 apartment of 102 m², built in 2002, energy rating C. Located Ericeira parish, Mafra municipality, Lisbon district. Noteworthy Features: This apartment boasts a fireplace with heat recovery, enhancing energy efficiency and comfort in the living space, along with a functional kitchen equipped with essential appliances.
The valuation. The asking price of €540,000 is significantly above the fair value of €199,831, resulting in an overvaluation of €340,169 (63.0%). This suggests the property is overpriced for its current market position.
Fair value modelled at €199,831 from the area baseline, adjusted for condition and location. Asking €540,000 sits €340,169 (63.0%) above — overpriced versus fair value.
Asking €540,000 versus the Ericeira, Mafra, Lisbon area baseline of €423,606 (€4,153/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 65 · Materials 68 · Room dimensions 66). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 64/100 (Housing Market 60 · Amenities 65 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Ericeira, Mafra, Lisbon
Area baseline €423,606 + condition -€13,547 + location +€11,315 = modelled fair value of €199,831 (€1,959/m²), a €340,169 (63.0%) gap versus the €540,000 asking price.
Long-term rental Given the current gross yield of 3.3% for the 2-bed apartment in Ericeira, the investment does not offer a compelling return on investment, especially when compared to the fair value of €199,831. With a significant gap of 63.0% from fair value, the property is overpriced and lacks the financial attractiveness typical of a sound long-term rental strategy. Family rental While the location may appeal to families seeking suburban living near Lisbon, the €540,000 asking price does not align with the fair market conditions, where the fair value is substantially lower at €199,831. The apartment's condition rating of 67/100 suggests it may require updates, making it a less appealing option for family renters given the current high price. Buy-and-hold At the listing price of €540,000, the apartment does not present a solid buy-and-hold investment opportunity, as it is overpriced relative to its fair value of €199,831, leaving little room for capital appreciation. A gross yield of 3.3% further diminishes attractiveness, signaling that potential long-term gains would be minimal in this market context.
Tenant turnover risk With both economic and tenant stability scores at 65/100, there's a significant risk of higher tenant turnover, which could lead to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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