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 310 m², built in 2023, energy rating A. Located Ericeira parish, Mafra municipality, Lisbon district. This apartment features a 144.88 m2 terrace, perfect for outdoor entertaining, alongside a covered barbecue area that enhances the outdoor living experience.
The valuation. The asking price of €795,000 is €122,488 (15.4%) above the fair value of €672,512. This indicates the property is overpriced, which could deter potential buyers.
Fair value modelled at €672,512 from the area baseline, adjusted for condition and location. Asking €795,000 sits €122,488 (15.4%) above — overpriced versus fair value.
Asking €795,000 versus the Ericeira, Mafra, Lisbon area baseline of €1,287,430 (€4,153/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 (Condition 84 · Materials 88 · Room dimensions 82). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 58/100 (Housing Market 55 · Amenities 55 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Ericeira, Mafra, Lisbon
Area baseline €1,287,430 + condition +€38,750 + location +€19,652 = modelled fair value of €672,512 (€2,169/m²), a €122,488 (15.4%) gap versus the €795,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ericeira · 032489 | Subject | €795,000 | €2,565 | — | 84 | 58 |
| Ericeira · 23f296 | Active | €480,000 | €3,117 | 21.5% | 84 | 60 |
| Ericeira · 9388ac | Active | €940,000 | €5,529 | 115.6% | 85 | 58 |
| rua das Lombas, 8 | Active | €737,000 | €6,246 | 143.5% | 85 | 54 |
| rua Doutor Eduardo Burnay | Active | €459,500 | €4,140 | 61.4% | 85 | 65 |
| Median comp | €608,500 | €4,835 | 88.5% | 85 | 59 |
Long-term rental The 3-bed apartment in Ericeira is overpriced at €795,000, exceeding the fair value of €672,512 by 15.4%, which limits the potential for attractive long-term rental yields. With a gross yield of only 2.9%, the investment may not generate sufficient returns to justify the high entry price. Buy-and-hold Despite its appealing features and a solid condition score of 86/100, the property’s current pricing reflects an overvaluation that detracts from its long-term growth potential. Buyers may find that the lack of rapid development in the area could stabilize values, but a 15.4% gap from fair value suggests a cautious approach to holding this asset. Family rental While the apartment’s size may attract families, the high asking price of €795,000, compared to a fair value of €672,512, indicates that this property is overpriced. The neighborhood score of 58/100 also highlights potential limitations in tenant quality and local amenities, making it less appealing for a family rental strategy.
Economic and Tenant Instability Risk The economic stability score of 50/100 indicates a higher likelihood of economic downturns that could lead to increased vacancy rates and decreased rental income, compounded by a tenant stability score of 60/100 suggesting potential turnover issues that may affect cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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