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 1st floor, built in 1985, energy rating D. Located Mafra parish, Mafra municipality, Lisbon district. Noteworthy Features: The apartment boasts an open-concept living space perfect for modern living and is located in the historically rich center of Mafra, just 8 km from Ericeira.
The valuation. The asking price of €335,000 sits €48,400 (16.9%) above the fair value of €286,600, making it overpriced in the current market. This discrepancy could impact potential returns for any investor. Buy-to-flip angle. A buy-to-flip strategy involves renovating the apartment for resale, targeting a profit margin by enhancing its appeal and aiming for a market price that reflects upgraded features. The current condition suggests that minor improvements could yield significant returns. Buy-to-let angle. The property is projected to generate rental income of approximately €1,005 per month, resulting in a gross yield of 3.6%. This strategy leverages the apartment's quality and location to attract long-term tenants.
Fair value modelled at €286,600 from 6 comparable sales in the area. Asking €335,000 sits €48,400 (16.9%) above — overpriced versus fair value.
Asking €335,000 versus the Mafra, Mafra, Lisbon area baseline of €305,342 (€3,319/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €305,342, adjusted for condition and micro-location, gives a modelled fair value of €286,600 (€3,115/m²), a €48,400 (16.9%) gap versus the €335,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Mafra · 4a4589 | Subject | €335,000 | €3,641 | — | 74 | 64 |
| Mafra · ba3dca | Active | €478,000 | €3,230 | 11.3% | 70 | 59 |
| praceta do Parque, 3 | Active | €496,000 | €3,100 | 14.9% | 76 | 59 |
| rua Miguel Esteves Medeiros S / N | Active | €360,000 | €3,130 | 14.0% | 68 | 62 |
| rua de Olivença, 12 | Active | €358,000 | €2,983 | 18.1% | 85 | 57 |
| Median comp | €419,000 | €3,115 | 14.5% | 73 | 59 |
Long-term rental The property is overpriced with a listing price of €335,000 against a fair value of €286,600, indicating a significant gap of 16.9%. With a gross yield of only 3.6%, the investment may not provide the necessary returns to justify the high asking price. Family rental Given its current valuation at €335,000 while fair value stands at €286,600, this property is priced too high by 16.9%. The neighborhood's 64/100 rating indicates that while it can attract families, it may not do so at a competitive price point in this market. Buy-and-hold The buy-and-hold strategy appears less appealing as the property is overpriced, listed at €335,000 compared to a fair value of €286,600, thus reflecting a 16.9% overvaluation. With only a 3.6% gross yield, the long-term appreciation potential may not compensate for the initial overinvestment in this property.
Inadequate economic and tenant stability The property has a relatively low economic stability score of 60/100 and a tenant stability score of 65/100, indicating potential risk due to fluctuations in tenant retention and overall economic conditions.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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