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.
1-bedroom, 1-bathroom apartment of 46 m², built in 1983, energy rating C. Located on largo da Bola, Ericeira parish, Mafra municipality, Lisbon district. Unique Feature: The apartment boasts a private balcony off the bedroom, providing a serene outdoor space to enjoy Ericeira's vibrant atmosphere and natural light. Modern Finishes: It features high-quality renovations, including new plumbing and electrical systems, ensuring immediate comfort and reliability.
The valuation. The asking price of €375,000 is significantly above the fair value of €177,966, by €197,034, indicating that the property is overpriced at 110.7%. Buy-to-flip angle. For a buy-to-flip strategy, the significant gap between asking and fair value suggests that quick resale may not yield substantial profits without renovations or market shifts. Buy-to-let angle. The estimated monthly rental income of €969 provides a gross yield of 3.1%, making it a sustainable option for long-term rental despite being in a mixed neighborhood.
Fair value modelled at €177,966 from 6 comparable sales in the area. Asking €375,000 sits €197,034 (110.7%) above — overpriced versus fair value.
Asking €375,000 versus the largo da Bola area baseline of €154,240 (€3,353/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 is above the parish average, lifting 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 €154,240, adjusted for condition and micro-location, gives a modelled fair value of €177,966 (€3,869/m²), a €197,034 (110.7%) gap versus the €375,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| largo da Bola | Subject | €375,000 | €8,152 | — | 80 | 53 |
| rua Mato da Eira, 6 | Active | €450,000 | €3,309 | 59.4% | 75 | 50 |
| Ericeira · 6c7ada | Active | €430,000 | €4,175 | 48.8% | 70 | 59 |
| praceta de Valbom S / N | Active | €479,000 | €3,090 | 62.1% | 85 | 68 |
| Ericeira · 388ad0 | Active | €595,000 | €3,563 | 56.3% | 73 | 60 |
| Median comp | €464,500 | €3,436 | 57.9% | 74 | 60 |
Long-term rental The 1-bed apartment in Ericeira is overpriced at €375,000, significantly surpassing the fair value of €177,966 by 110.7%. With a gross yield of only 3.1%, the financial metrics suggest that long-term rental viability is compromised. Buy-and-hold Investing in this property aligns poorly with a buy-and-hold strategy since the current market price is well above its fair value of €177,966, indicating it is overpriced by 110.7%. The low yield of 3.1% further undermines the potential long-term appreciation and returns expected from this investment approach. Family rental While the apartment may appeal to families due to its location near Lisbon, the purchase price of €375,000 is excessive compared to the fair value of €177,966, signaling that it is overpriced by 110.7%. Coupled with a mediocre neighborhood rating of 53/100, this investment lacks strong fundamentals for family rentals.
Economic and Tenant Instability Risk: With an economic stability score of 60 and a tenant stability score of 55, there is a heightened risk of fluctuating rental income due to potential tenant turnover and economic downturns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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