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 92 m², built in 1985, energy rating C. Located Ericeira parish, Mafra municipality, Lisbon district. Noteworthy Features: The apartment boasts expansive balconies that offer unobstructed views of the Atlantic, enhancing both the outdoor experience and the living space's aesthetic appeal. Condition Notes: Its contemporary finishes complement the ample natural light flooding the space.
The valuation. The asking price of €695,000 is significantly above the fair value of €193,475, indicating a discrepancy of €501,525 (72.2%). This property is clearly overpriced, making it an unattractive investment opportunity.
Fair value modelled at €193,475 from the area baseline, adjusted for condition and location. Asking €695,000 sits €501,525 (72.2%) above — overpriced versus fair value.
Asking €695,000 versus the Ericeira, Mafra, Lisbon area baseline of €382,076 (€4,153/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 78 · Materials 76 · Room dimensions 72). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 65/100 (Housing Market 60 · Amenities 60 · Economic 70 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Ericeira, Mafra, Lisbon
Area baseline €382,076 + condition +€288 + location +€10,935 = modelled fair value of €193,475 (€2,103/m²), a €501,525 (72.2%) gap versus the €695,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ericeira · 6ebb8e | Subject | €695,000 | €7,554 | — | 78 | 65 |
| Ericeira · 4d460b | Active | €487,000 | €3,313 | 56.1% | 75 | 53 |
| largo Pocinhos | Active | €414,000 | €4,224 | 44.1% | 76 | 55 |
| Ericeira · 28b8a2 | Active | €575,000 | €4,228 | 44.0% | 73 | 45 |
| Ericeira · dee430 | Active | €540,000 | €5,294 | 29.9% | 65 | 64 |
| Median comp | €513,500 | €4,226 | 44.1% | 74 | 54 |
Long-term rental This property is overpriced at €695,000, significantly exceeding the fair value of €193,475 by 72.2%, making it an unsuitable long-term rental investment. The gross yield of 2.4% does not compensate for the elevated purchase price in this suburban area. Family rental Given the substantial gap between the listing price and its fair value, this property is overpriced and is unlikely to attract families looking for value in their rental choices. Even with decent amenities nearby, the financial metrics do not align favorably for a profitable family rental. Buy-and-hold The buy-and-hold strategy is hampered by the property's overpriced status at €695,000, which contrasts starkly with the fair value of €193,475. The low yield of 2.4% suggests that potential long-term gains may not justify investing in a property with such a significant valuation discrepancy.
Tenant turnover risk: With a tenant stability score of 65/100, there is an elevated risk of tenant turnover, which could lead to increased vacancy rates and associated costs in maintaining occupancy.
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