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 112 m², built in 1999, energy rating C. Located Milharado parish, Mafra municipality, Lisbon district. This property boasts a generous 100 m² south/west facing terrace, perfect for outdoor entertaining and offering serene views of the surrounding area, enhancing overall living experience.
The valuation. The asking price of €425,000 sits €54,667 (14.8%) above the fair value of €370,333, indicating that the property is overpriced. Investors should exercise caution when considering this acquisition.
Fair value modelled at €370,333 from 6 comparable sales in the area. Asking €425,000 sits €54,667 (14.8%) above — overpriced versus fair value.
Asking €425,000 versus the Milharado, Mafra, Lisbon area baseline of €323,424 (€2,888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €323,424, adjusted for condition and micro-location, gives a modelled fair value of €370,333 (€3,307/m²), a €54,667 (14.8%) gap versus the €425,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Milharado · a79e4e | Subject | €425,000 | €3,795 | — | 74 | 63 |
| Venda do Pinheiro e Santo Estêvão das Galés · 4a7dd9 | Active | €500,000 | €3,704 | 2.4% | 72 | 67 |
| Sapataria · b32ba1 | Active | €259,000 | €3,159 | 16.8% | 78 | 54 |
| rua Várzea da Lapa | Active | €445,000 | €4,009 | 5.6% | 70 | 55 |
| Milharado · 62736a | Active | €415,000 | €3,120 | 17.8% | 75 | 64 |
| Median comp | €430,000 | €3,432 | 9.6% | 74 | 60 |
Long-term rental The current listing price of €425,000 represents a significant gap of 14.8% above the estimated fair value of €370,333, making this property overpriced for a long-term rental strategy. With a gross yield of 0%, the investment does not promise a satisfactory return over time. Family rental Given the property's fair value of €370,333 compared to the listing price of €425,000, this apartment is not priced appropriately for a family rental market and is considered overpriced. The average condition and neighbourhood ratings further detract from its attractiveness for families looking for a quality living environment. Buy-and-hold With a gap of 14.8% between the listing price and fair value, this property is characterized as overpriced, which poses a challenge for a buy-and-hold investment strategy. The absence of yield and the relatively average condition of the apartment undermine its potential for long-term capital appreciation.
Economic and Tenant Instability Risk: With both economic stability and tenant stability rated at 65/100, there is a significant risk that fluctuations in the local economy could lead to increased vacancy rates, impacting rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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