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 on the 8th floor, built in 1985, energy rating C. Located Ericeira parish, Mafra municipality, Lisbon district. Noteworthy Features: This apartment boasts expansive balconies perfect for sunset views, located in the vibrant center of Ericeira, enhancing both lifestyle and investment potential.
The valuation. The asking price of €695,000 significantly exceeds the fair value of €388,812, representing an overshoot of €306,188 (78.7%). This valuation suggests that the property is overpriced for prospective investors.
Fair value modelled at €388,812 from 4 comparable sales in the area. Asking €695,000 sits €306,188 (78.7%) above — overpriced versus fair value.
Asking €695,000 versus the Ericeira, Mafra, Lisbon area baseline of €355,415 (€3,863/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €355,415, adjusted for condition and micro-location, gives a modelled fair value of €388,812 (€4,226/m²), a €306,188 (78.7%) gap versus the €695,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ericeira · 8ee325 | Subject | €695,000 | €7,554 | — | 70 | 59 |
| Ericeira · 4d460b | Active | €487,000 | €3,313 | 56.1% | 75 | 53 |
| largo Pocinhos | Active | €414,000 | €4,224 | 44.1% | 76 | 55 |
| Ericeira · dee430 | Active | €540,000 | €5,294 | 29.9% | 65 | 64 |
| Ericeira · 28b8a2 | Active | €575,000 | €4,228 | 44.0% | 73 | 45 |
| Median comp | €513,500 | €4,226 | 44.1% | 74 | 54 |
Long-term rental With a gross yield of only 2.4% and a fair value gap of 78.7%, this property is overpriced and represents a poor investment for long-term rental strategies. The relatively low condition rating and neighborhood score further diminish its attractiveness to potential tenants looking for quality housing. Family rental Given the high listing price of €695,000 in contrast to the fair value of €388,812, this property is financially unappealing for family rental purposes. The combination of an overpriced status and moderate neighborhood amenities indicates challenges in attracting families seeking affordable and suitable long-term housing options.
Moderate Tenant Turnover Risk The combination of a tenant stability score of 60/100 and an economic stability score of 55/100 indicates potential challenges in retaining tenants, which could lead to increased turnover and vacancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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