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 house of 312 m², built in 1989, energy rating C. Located Ericeira parish, Mafra municipality, Lisbon district. The property offers the potential for short-term rental income, thanks to its strategic location and framework for Local Accommodation use, appealing to both investors and vacationers.
The valuation. The asking price of €990,000 exceeds the fair value of €897,805 by €92,195, which represents a 10.3% premium over fair market value. This indicates that the property is fairly priced in the current market context.
Fair value modelled at €897,805 from 6 comparable sales in the area. Asking €990,000 sits €92,195 (10.3%) above — overpriced versus fair value.
Asking €990,000 versus the Ericeira, Mafra, Lisbon area baseline of €1,168,581 (€3,745/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 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 €1,168,581, adjusted for condition and micro-location, gives a modelled fair value of €897,805 (€2,878/m²), a €92,195 (10.3%) gap versus the €990,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ericeira · 3d98f9 | Subject | €990,000 | €3,173 | — | 65 | 58 |
| Ericeira · 652f58 | Active | €665,000 | €3,037 | 4.3% | 86 | 45 |
| rua dos Descobrimentos S / N | Active | €990,000 | €3,390 | 6.8% | 68 | 61 |
| Ericeira · 653074 | Active | €715,000 | €2,719 | 14.3% | 78 | 62 |
| Ericeira · b7c2f4 | Active | €899,000 | €1,967 | 38.0% | 72 | 56 |
| Median comp | €807,000 | €2,878 | 9.3% | 75 | 59 |
Long-term rental The property in Ericeira, with a gross yield of 2.7%, may provide steady rental income, but is not an attractive long-term investment relative to current market conditions. With a fair value of €897,805, the listing price of €990,000 suggests a minimal return against potential long-term price appreciation. Buy-and-hold While the property holds a fair value aligned with the market, the return on investment may be subdued due to its current pricing at 10.3% above that value. The outside factors, such as lower tenant quality and neighborhood score, further contribute to hesitance regarding future value gains in this buy-and-hold strategy. Family rental Although the house is well-sized for family living, its location offers suburban amenities that might not fully cater to all family needs, evidenced by a neighborhood rating of 58/100. Coupled with the fair pricing, potential families may find better-suited rental options that yield more attractive living conditions.
Weak Economic Environment The property is at risk due to a low economic stability score of 50/100, which may lead to decreased demand and potential rental income instability.
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