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 266 m² on the 2nd floor, built in 2021, energy rating A. Located on rua Frei Fernão Rodrigues Monteiro, 7, Ericeira parish, Mafra municipality, Lisbon district. Note: The apartment features a bioethanol fireplace, home automation for blinds and lighting, and offers access to luxurious communal amenities including a swimming pool and spa facilities.
The valuation. The asking price of €940,000 is significantly above the fair value of €823,020, marking a discrepancy of €116,980 (14.2%). As a result, the property is considered overpriced.
Fair value modelled at €823,020 from 6 comparable sales in the area. Asking €940,000 sits €116,980 (14.2%) above — overpriced versus fair value.
Asking €940,000 versus the rua Frei Fernão Rodrigues Monteiro, 7 area baseline of €820,868 (€3,086/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 93/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €820,868, adjusted for condition and micro-location, gives a modelled fair value of €823,020 (€3,094/m²), a €116,980 (14.2%) gap versus the €940,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Frei Fernão Rodrigues Monteiro, 7 | Subject | €940,000 | €3,534 | — | 90 | 54 |
| Ericeira · 6a955d | Active | €625,000 | €3,094 | 12.4% | 82 | 53 |
| Ericeira · 8ee315 | Active | €625,000 | €3,094 | 12.4% | 80 | 64 |
| Ericeira · 032489 | Active | €795,000 | €2,565 | 27.4% | 84 | 58 |
| Ericeira · ba3e05 | Active | €795,000 | €2,565 | 27.4% | 80 | 55 |
| Median comp | €710,000 | €2,830 | 19.9% | 81 | 57 |
Long-term rental The 3-bed apartment in Ericeira, with a listing price of €940,000, has a fair value of €823,020, indicating it is overpriced by 14.2%, which could limit potential returns. With a gross yield of only 3.5%, the investment may not generate sufficient income to justify the high entry cost, especially considering the neighbourhood's rating of 54/100. Buy-and-hold While the property is in good condition with a score of 93/100, its current listing price means it is overpriced at €940,000 compared to a fair value of €823,020. The potential appreciation might be constrained by the 54/100 neighbourhood rating and the overall economic nuances of the area, which could challenge long-term investment returns.
Economic instability risk The property has an economic stability score of 45/100, indicating a higher likelihood of economic fluctuations that could negatively impact rental income. Tenant turnover risk With a tenant stability score of 60/100, there is an elevated risk of tenant turnover, which may lead to increased vacancy rates and associated costs.
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