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 147 m², built in 2005, energy rating C. Located Ericeira parish, Mafra municipality, Lisbon district. Highlights: This apartment features three outdoor terraces with sea views, two of which overlook the pool, enhancing its appeal for outdoor leisure activities and relaxation.
The valuation. The asking price of €487,000 is significantly above the fair value of €283,676, presenting a disparity of €203,324 (41.8%). This property is considered overpriced, indicating a potential challenge for new investors.
Fair value modelled at €283,676 from the area baseline, adjusted for condition and location. Asking €487,000 sits €203,324 (41.8%) above — overpriced versus fair value.
Asking €487,000 versus the Ericeira, Mafra, Lisbon area baseline of €610,491 (€4,153/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 75 · Materials 70 · Room dimensions 68). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 53/100 (Housing Market 50 · Amenities 50 · Economic 55 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
Ericeira, Mafra, Lisbon
Area baseline €610,491 + condition -€11,025 + location +€3,494 = modelled fair value of €283,676 (€1,930/m²), a €203,324 (41.8%) gap versus the €487,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ericeira · 4d460b | Subject | €487,000 | €3,313 | — | 75 | 53 |
| Ericeira · 28b8a2 | Active | €575,000 | €4,228 | 27.6% | 73 | 45 |
| largo Pocinhos, 1 | Active | €398,000 | €3,980 | 20.1% | 64 | 59 |
| Ericeira · 38a066 | Active | €519,000 | €3,932 | 18.7% | 78 | 46 |
| largo Pocinhos | Active | €414,000 | €4,224 | 27.5% | 76 | 55 |
| Median comp | €466,500 | €4,102 | 23.8% | 75 | 51 |
Long-term rental Given the current market conditions, this Ericeira property, with a fair value of €283,676 compared to the listing price of €487,000, is primarily overpriced by 41.8%. The gross yield of 3.8% is inadequate given the condition rating of 70/100 and the below-average neighbourhood score of 53/100. Buy-and-hold Investing in this property as a buy-and-hold strategy appears unwise; its current listing price indicates a substantial overvaluation. The combination of limited appreciation potential, linked to the suburban location and mediocre tenant quality, suggests that the high entry cost would not yield favorable long-term returns.
Economic and Tenant Instability With both economic and tenant stability scores at 55/100, there is a significant risk of fluctuations in rental income and potential vacancy, leading to inconsistent cash flow and increased management challenges.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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