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, 3-bathroom apartment of 170 m², built in 2021, energy rating A. Located Ericeira parish, Mafra municipality, Lisbon district. Noteworthy Features: This apartment's balcony is designed with a glass curtain, allowing year-round sea views while shielding from the elements, enhancing the indoor-outdoor living experience.
The valuation. The asking price of €940,000 exceeds the fair value of €368,797 by €571,203, marking the property as overpriced by 60.8%. This significant discrepancy suggests that investors should tread carefully before proceeding with a purchase.
Fair value modelled at €368,797 from the area baseline, adjusted for condition and location. Asking €940,000 sits €571,203 (60.8%) above — overpriced versus fair value.
Asking €940,000 versus the Ericeira, Mafra, Lisbon area baseline of €706,010 (€4,153/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 87/100 (Condition 85 · Materials 90 · Room dimensions 84). 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 €706,010 + condition +€21,250 + location +€10,777 = modelled fair value of €368,797 (€2,169/m²), a €571,203 (60.8%) gap versus the €940,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ericeira · 9388ac | Subject | €940,000 | €5,529 | — | 85 | 58 |
| rua das Lombas, 8 | Active | €737,000 | €6,246 | 13.0% | 85 | 54 |
| Ericeira · f36370 | Active | €697,500 | €3,559 | 35.6% | 79 | 56 |
| rua da Liberdade | Active | €950,000 | €5,793 | 4.8% | 80 | 67 |
| rua do Alto da Forca, 20 | Active | €490,000 | €4,083 | 26.2% | 76 | 54 |
| Median comp | €717,250 | €4,938 | 10.7% | 80 | 55 |
Long-term rental The current listing price of €940,000 represents a significant gap of 60.8% above the fair value of €368,797, suggesting that the property is overpriced for long-term rental purposes. With a gross yield of only 2.3%, the investment does not provide a compelling return relative to its cost, particularly given the limited tenant pool in the surrounding suburban areas. Family rental At €940,000, this apartment is priced well above its fair value, making it an overpriced option for family rentals. Although the condition rating is good at 87/100, the high price and low yield of 2.3% reflect a challenging market position for attracting family tenants in Ericeira, where amenities and housing demand may be insufficient to justify this cost.
Potential Tenant Turnover The economic stability score of 50 indicates a weak local economy, which may lead to higher tenant turnover and vacancy rates compared to the average.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
