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 111 m² on the 1st floor, built in 1995, energy rating B. Located on rua Doutor Eduardo Burnay, Ericeira parish, Mafra municipality, Lisbon district. The property includes two private balconies with sea views, enhancing both the living experience and the aesthetic appeal of this modern apartment.
The valuation. The asking price of €459,500 exceeds the fair value of €246,959 by €212,541, indicating it is overpriced by 46.3%. This discrepancy suggests a higher investment risk for potential buyers. Buy-to-flip angle. Employing a buy-to-flip strategy would require identifying renovations that could attract buyers or investors, but with the current valuation, profits may be limited. A quick resale may not yield significant returns due to the inflated purchase price. Buy-to-let angle. With an estimated monthly rental income of €1,379, the gross yield stands at 3.6%. However, this yield does not justify the initial investment when considering the €459,500 asking price, making this a less attractive rental property option.
Fair value modelled at €246,959 from the area baseline, adjusted for condition and location. Asking €459,500 sits €212,541 (46.3%) above — overpriced versus fair value.
Asking €459,500 versus the rua Doutor Eduardo Burnay area baseline of €460,983 (€4,153/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 (Condition 85 · Materials 90 · Room dimensions 82). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 65/100 (Housing Market 60 · Amenities 65 · Economic 55 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Doutor Eduardo Burnay
Area baseline €460,983 + condition +€13,875 + location +€13,193 = modelled fair value of €246,959 (€2,225/m²), a €212,541 (46.3%) gap versus the €459,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doutor Eduardo Burnay | Subject | €459,500 | €4,140 | — | 85 | 65 |
| rua do Alto da Forca, 20 | Active | €490,000 | €4,083 | 1.4% | 76 | 54 |
| rua das Lombas, 8 | Active | €737,000 | €6,246 | 50.9% | 85 | 54 |
| rua da Liberdade | Active | €950,000 | €5,793 | 39.9% | 80 | 67 |
| Ericeira · 9388ac | Active | €940,000 | €5,529 | 33.6% | 85 | 58 |
| Median comp | €838,500 | €5,661 | 36.8% | 83 | 56 |
Long-term rental The property in Ericeira presents a gross yield of only 3.6%, which is below market expectations in a competitive rental market. Coupled with its 46.3% gap from fair value, this property is clearly overpriced, making it a less attractive option for long-term investment. Family rental Although the apartment's condition is relatively high at 86/100, the overpriced listing price significantly diminishes its appeal as a family rental. With a neighbourhood score of 65/100 and the considerable gap from fair value, investing in this property could lead to lower returns than anticipated. Buy-and-hold Holding onto this property for long-term appreciation is risky given its significant overpricing relative to fair value. The combination of a modest rental yield and high initial purchase cost hampers the potential for meaningful capital gains over time.
Economic Vulnerability A low economic stability score of 55/100 indicates potential fluctuations in market conditions that may affect rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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