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.
1-bedroom, 1-bathroom apartment of 112 m², built in 2010, energy rating C. Located Ericeira parish, Mafra municipality, Lisbon district. Noteworthy Features: This apartment's terrace, featuring a glass pergola, creates a private outdoor retreat ideal for dining and relaxation, enhancing the living space significantly. Proximity Advantage: Located just 800 meters from the beach, it offers convenient access to coastal leisure activities.
The valuation. The asking price of €399,900 is notably above the fair value of €327,164, indicating an overpricing of €72,736 (22.2%). This valuation raises concerns regarding the potential for market appreciation in the immediate term.
Fair value modelled at €327,164 from 6 comparable sales in the area. Asking €399,900 sits €72,736 (22.2%) above — overpriced versus fair value.
Asking €399,900 versus the Ericeira, Mafra, Lisbon area baseline of €418,350 (€3,735/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 €418,350, adjusted for condition and micro-location, gives a modelled fair value of €327,164 (€2,921/m²), a €72,736 (22.2%) gap versus the €399,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ericeira · 86ccb5 | Subject | €399,900 | €3,571 | — | 72 | 49 |
| largo dos Marquinhos, 3 | Active | €410,000 | €3,417 | 4.3% | 72 | 62 |
| praceta de Valbom S / N | Active | €479,000 | €3,090 | 13.4% | 85 | 68 |
| Ericeira · 73549b | Active | €366,000 | €3,050 | 14.6% | 72 | 56 |
| praceta de Valbom, 1 | Active | €430,000 | €2,792 | 21.8% | 80 | 67 |
| Median comp | €420,000 | €3,070 | 14.0% | 76 | 65 |
Buy-and-hold Investing in this 1-bed apartment for buy-and-hold is not advisable due to its current price of €399,900, representing a 22.2% gap above its fair value of €327,164. With a gross yield of only 4.1% and a neighbourhood rating of 49/100, long-term appreciation may not meet expectations. Long-term rental Utilizing the property for long-term rental is not a strategic move given the €399,900 listing price, which exceeds the fair value by 22.2%. The area’s low neighbourhood rating of 49/100 suggests potential difficulties in attracting reliable tenants at this price point. Value-add renovation Pursuing a value-add renovation strategy appears ill-advised, as the current listing price of €399,900 is 22.2% more than the fair value of €327,164. The property’s condition score of 75/100 does indicate some viability for renovation, but the discrepancy in pricing limits potential upside.
Economic vulnerability The low economic stability score of 40/100 indicates a significant risk of economic downturns that could affect property value and rental income.
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