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.
2-bedroom, 3-bathroom apartment of 119 m², built in 2021, energy rating A. Located Ericeira parish, Mafra municipality, Lisbon district. Noteworthy Features: The apartment includes a private garden that enhances outdoor living and is situated in a gated community, ensuring added security and privacy.
The valuation. The asking price of €640,000 is significantly above the fair value of €369,551, reflecting an overpricing of €270,449 or 73.2%. This gap highlights the property's inflated position in the current market.
Fair value modelled at €369,551 from 6 comparable sales in the area. Asking €640,000 sits €270,449 (73.2%) above — overpriced versus fair value.
Asking €640,000 versus the Ericeira, Mafra, Lisbon area baseline of €423,978 (€3,563/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 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 €423,978, adjusted for condition and micro-location, gives a modelled fair value of €369,551 (€3,105/m²), a €270,449 (73.2%) gap versus the €640,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ericeira · f14cf9 | Subject | €640,000 | €5,378 | — | 80 | 58 |
| Ericeira · 8ee315 | Active | €625,000 | €3,094 | 42.5% | 80 | 64 |
| Ericeira · 6a955d | Active | €625,000 | €3,094 | 42.5% | 82 | 53 |
| praceta das Margaridas S / N | Active | €795,000 | €4,543 | 15.5% | 80 | 61 |
| Ericeira · 23f296 | Active | €480,000 | €3,117 | 42.0% | 84 | 60 |
| Median comp | €625,000 | €3,106 | 42.3% | 81 | 61 |
Long-term rental Given the property is overpriced by 73.2% against its fair value of €369,551, the potential for returns in a long-term rental strategy is significantly diminished. With a gross yield of only 2.8% and a neighbourhood quality score of 58/100, the investment may struggle to attract reliable tenants or justify its listing price. Family rental This 2-bed apartment, while appealing for family rentals, is priced at €640,000, substantially higher than its fair value. The combination of an average neighbourhood score and a gross yield of just 2.8% indicates limited financial attractiveness for family-oriented tenants, making this investment less desirable.
Weak Economic Environment The economic stability score of 55/100 suggests potential challenges in local economic conditions, which may impact tenant demand and property value.
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