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 duplex of 122 m², built in 2022, energy rating A. Located Ericeira parish, Mafra municipality, Lisbon district. Notable Feature: The 72 m² terrace offers expansive outdoor living area with unparalleled panoramic sea views, perfect for entertaining and relaxation. Unique Aspect: Located just a short 700 m walk to the vibrant center of Ericeira, blending tranquility with accessibility.
The valuation. The asking price of €1,200,000 is significantly above the fair value of €601,970, reflecting an overpriced status of €598,030 (99.3%). This discrepancy highlights a challenging investment evaluation. Buy-to-flip angle. A buy-to-flip strategy is unlikely to yield substantial profits given the high asking price compared to fair value, making resale at a profit unrealistic in the current market climate. Buy-to-let angle. With an estimated gross yield of 1.7% and monthly rental income projected at €1,700, the buy-to-let strategy would struggle to attract long-term tenants in a mixed neighbourhood with limited appeal.
Fair value modelled at €601,970 from 6 comparable sales in the area. Asking €1,200,000 sits €598,030 (99.3%) above — overpriced versus fair value.
Asking €1,200,000 versus the Ericeira, Mafra, Lisbon area baseline of €652,021 (€5,344/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €652,021, adjusted for condition and micro-location, gives a modelled fair value of €601,970 (€4,934/m²), a €598,030 (99.3%) gap versus the €1,200,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ericeira · 43919e | Subject | €1,200,000 | €9,836 | — | 85 | 65 |
| Ericeira · 8ee3f3 | Active | €1,200,000 | €5,172 | 47.4% | 80 | 59 |
| Ericeira · 9388ac | Active | €940,000 | €5,529 | 43.8% | 85 | 58 |
| rua das Lombas, 8 | Active | €737,000 | €6,246 | 36.5% | 85 | 54 |
| Ericeira · f36370 | Active | €697,500 | €3,559 | 63.8% | 79 | 56 |
| Median comp | €838,500 | €5,351 | 45.6% | 83 | 57 |
Long-term rental Given the property's gross yield of only 1.7%, it is overwhelmingly clear that this investment does not provide a sufficient return compared to its fair value of €601,970. Additionally, moderate neighborhood amenities and tenant quality further diminish the attractiveness of this long-term rental opportunity. Family rental The current asking price of €1,200,000 significantly exceeds its fair value, making it a suboptimal choice for family rental investments. The suburban location coupled with a less favorable neighborhood rating of 65 out of 100 suggests limited appeal to families seeking stable housing options. Buy-and-hold Investing in this property as a buy-and-hold strategy is questionable, considering it is overpriced by 99.3% to its fair value. The neighborhood's moderate rating and low yield further indicate that potential capital appreciation would be severely constrained, undermining long-term investment viability.
Economic and Tenant Instability Risk With both economic stability and tenant stability scores at 70/100, there is a moderate risk that fluctuations in the local economy and tenant turnover may negatively impact rental income and occupancy 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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