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, 2-bathroom apartment of 120 m². Located Ericeira parish, Mafra municipality, Lisbon district. This apartment offers internal attic access, which can be converted into a small terrace, optimizing outdoor space alongside breathtaking panoramic sea views.
The valuation. The asking price of €675,000 is significantly above the fair value of €224,756, indicating an overpricing of €450,244 (66.7%). The current valuation suggests a market correction may be needed to align with fair market expectations.
Fair value modelled at €224,756 from the area baseline, adjusted for condition and location. Asking €675,000 sits €450,244 (66.7%) above — overpriced versus fair value.
Asking €675,000 versus the Ericeira, Mafra, Lisbon area baseline of €498,360 (€4,153/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 (Condition 65 · Materials 60 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 62/100 (Housing Market 70 · Amenities 60 · Economic 65 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
Ericeira, Mafra, Lisbon
Area baseline €498,360 + condition -€24,375 + location +€11,411 = modelled fair value of €224,756 (€1,873/m²), a €450,244 (66.7%) gap versus the €675,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ericeira · 93895f | Subject | €675,000 | €5,625 | — | 65 | 62 |
| Ericeira · 4d460b | Active | €487,000 | €3,313 | 41.1% | 75 | 53 |
| largo Pocinhos, 1 | Active | €398,000 | €3,980 | 29.2% | 64 | 59 |
| Ericeira · dee430 | Active | €540,000 | €5,294 | 5.9% | 65 | 64 |
| Ericeira · 388ad0 | Active | €595,000 | €3,563 | 36.7% | 73 | 60 |
| Median comp | €513,500 | €3,772 | 33.0% | 69 | 60 |
Long-term rental The property at €675,000 is significantly overpriced with a fair value of only €224,756, presenting a gap of 66.7%. With a gross yield of just 2.6%, the potential returns do not justify this inflated pricing in a suburban location near Lisbon. Family rental The high pricing of this 2-bed apartment makes it a less attractive family rental investment, especially given its fair value of €224,756. Families are likely to seek accommodations that offer better value and amenities at a more reasonable price point. Buy-and-hold Considering the current market valuation, this property’s price is overstated compared to its fair assessed value of €224,756, leading to a significant 66.7% gap. Holding onto an overpriced asset like this could result in a prolonged period of stagnation and limited capital appreciation.
Potential Income Instability The economic stability score of 65 suggests moderate local economic conditions, while the tenant stability score of 55 indicates a risk of higher tenant turnover and potential income disruptions.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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