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, 2-bathroom apartment of 96 m², energy rating B. Located on rua do Mercado S / N, Ericeira parish, Mafra municipality, Lisbon district. Noteworthy Features: This apartment includes a spacious independent kitchen ideal for meal preparation and features high-quality materials that enhance durability and aesthetic appeal.
The valuation. The asking price of €597,000 sits significantly above the fair value of €424,108, representing an overvaluation of €172,892, or 40.8%. Given this disparity, the property is priced above market expectations. Buy-to-flip angle. A buy-to-flip strategy may face challenges due to the current premium asking price; any resale would require substantial appreciation to yield a profit. Buy-to-let angle. The projected gross yield of 2.6% equates to approximately €1,294 per month, indicating that long-term rental income may be limited given the property's higher price point and rural location.
Fair value modelled at €424,108 from 6 comparable sales in the area. Asking €597,000 sits €172,892 (40.8%) above — overpriced versus fair value.
Asking €597,000 versus the rua do Mercado S / N area baseline of €449,545 (€4,683/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €449,545, adjusted for condition and micro-location, gives a modelled fair value of €424,108 (€4,418/m²), a €172,892 (40.8%) gap versus the €597,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Mercado S / N | Subject | €597,000 | €6,219 | — | 76 | 54 |
| rua do Alto da Forca, 20 | Active | €490,000 | €4,083 | 34.3% | 76 | 54 |
| rua Doutor Eduardo Burnay | Active | €459,500 | €4,140 | 33.4% | 85 | 65 |
| rua do Alto da Forca, 20 | Active | €449,000 | €3,207 | 48.4% | 88 | 61 |
| Ericeira · 6c796d | Active | €695,000 | €4,696 | 24.5% | 90 | 60 |
| Median comp | €474,750 | €4,112 | 33.9% | 87 | 61 |
Long-term rental The property in Ericeira is currently overpriced, with a listing price of €597,000 exceeding its fair value of €424,108 by 40.8%. This results in a gross yield of only 2.6%, making it a less attractive option for long-term rental investment given the rural setting and limited urban influence. Buy-and-hold With the apartment's price point significantly above fair value, holding this property as a long-term investment may not yield the expected returns. The combination of an unsustainable yield of 2.6% and a low neighborhood score of 54/100 indicates potential challenges in appreciating value over time.
Economic vulnerability The economic stability score of 45/100 indicates a significant risk due to potential downturns, which could impact tenant retention and payment reliability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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