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, 1-bathroom apartment of 120 m² on the 1st floor, energy rating C. Located on largo dos Marquinhos, 3, Ericeira parish, Mafra municipality, Lisbon district. This fully refurbished apartment boasts two balconies offering unobstructed views and is strategically located in a quiet square just moments from the beaches of Ericeira.
The valuation. The asking price of €410,000 is €41,581 (11.3%) above the fair value of €368,419, indicating that the property is overpriced. Despite its appealing features, this valuation suggests that potential buyers may want to negotiate aggressively.
Fair value modelled at €368,419 from 6 comparable sales in the area. Asking €410,000 sits €41,581 (11.3%) above — overpriced versus fair value.
Asking €410,000 versus the largo dos Marquinhos, 3 area baseline of €468,862 (€3,907/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 is below the parish average, reducing 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 €468,862, adjusted for condition and micro-location, gives a modelled fair value of €368,419 (€3,070/m²), a €41,581 (11.3%) gap versus the €410,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| largo dos Marquinhos, 3 | Subject | €410,000 | €3,417 | — | 72 | 62 |
| praceta de Valbom S / N | Active | €479,000 | €3,090 | 9.6% | 85 | 68 |
| rua Eduardo Henriques Pereira, 7 | Active | €125,000 | €2,500 | 26.8% | 76 | 58 |
| Ericeira · 73549b | Active | €366,000 | €3,050 | 10.7% | 72 | 56 |
| rua dos Três Moinhos | Active | €499,000 | €3,780 | 10.6% | 72 | 65 |
| Median comp | €422,500 | €3,070 | 10.1% | 74 | 62 |
Long-term rental This property, priced at €410,000, has a gross yield of only 4%, indicating that it's unlikely to generate sufficient return for a long-term rental strategy. Coupled with a fair value of €368,419, the 11.3% gap suggests it is overpriced for this market segment. Buy-and-hold With a current listing price exceeding fair value, the potential for appreciation is limited, making it a less attractive buy-and-hold investment. The 75/100 condition and a 62/100 neighborhood score further diminish its appeal, indicating that holding this property may not yield the desired long-term gains. Family rental While the area is family-oriented with lower crime rates, the property is still overpriced compared to its fair value, which could deter potential renters. The combination of a 4% yield and modest neighborhood amenities suggests that this investment lacks the necessary competitive edge for a successful family rental strategy.
Potential Economic Decline The economic stability score of 70/100 suggests a moderate risk of downturn, while a tenant stability score of 60/100 indicates a higher likelihood of vacancies or rent disruptions, potentially affecting cash flow.
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