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, 4-bathroom house of 219 m² on the 1st floor, built in 1996, energy rating C. Located on rua General Humberto Delgado, Ericeira parish, Mafra municipality, Lisbon district. Noteworthy Features: The property includes a spacious outdoor barbecue area and is situated in a tranquil square just minutes from the vibrant center of Ericeira.
The valuation. The asking price of €665,000 is slightly below the fair value of €684,954, indicating a valuation difference of €19,954 (2.9%). This positions the property as fairly priced within the current market. Buy-to-flip angle. The resale strategy involves targeting homebuyers seeking modern finishes in a coastal area, aiming for a profitable flip post-renovation or enhancement while leveraging market appreciation. Buy-to-let angle. With an estimated gross yield of 4.2%, the rental income strategy focuses on securing long-term tenants in a family-oriented market, providing consistent cash flow based on an expected rental income of approximately €2,328/month.
Fair value modelled at €669,243 from 2 comparable sales in the area. Asking €665,000 sits €4,243 (0.6%) below — the upside to fair value.
Asking €665,000 versus the Ericeira, Mafra, Lisbon area baseline of €678,258 (€3,097/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 €678,258, adjusted for condition and micro-location, gives a modelled fair value of €669,243 (€3,056/m²), a €4,243 (0.6%) gap versus the €665,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ericeira · 652f58 | Subject | €665,000 | €3,037 | — | 86 | 45 |
| Ericeira · e3ab02 | Active | €630,000 | €2,864 | 5.7% | — | 58 |
| rua da Bela Vista, 27 | Active | €890,000 | €3,248 | 7.0% | 75 | 51 |
| Median comp | €760,000 | €3,056 | 0.6% | 75 | 55 |
Long-term rental The property's gross yield of 4.2% suggests moderate profitability potential, reflecting a steady income stream for long-term tenants. However, the neighbourhood rating of 45/100 indicates possible limitations in tenant quality and demand stability. Buy-and-hold With its fair value positioned at €684,954 and only a slight gap of 2.9%, this property could serve as a stable asset for buy-and-hold investors. The area's mixed economic activities may provide some resilience, although the lower neighbourhood score could impact long-term property appreciation. Family rental The layout and size of the 3-bed house are conducive to family living, making it suitable for long-term rental to families seeking space. The fair valuation suggests a reasonable entry point, yet the neighbourhood's lower rating may limit its appeal to prospective tenants in the family demographic.
High Vacancy Risk With both economic stability and tenant stability scores at 45/100, there is a significant risk of high vacancy rates affecting rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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