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, 0-bathroom apartment of 46 m², energy rating E. Located Ericeira parish, Mafra municipality, Lisbon district. Noteworthy Features: The apartment benefits from exceptional sun exposure with an east-facing balcony, perfect for enjoying morning light and sea views just a short walk from the beach.
The valuation. The asking price of €338,000 is above fair value, which is estimated at €299,993, resulting in an overprice of €38,007 (12.7%). This raises concerns for potential investors seeking a profitable acquisition.
Fair value modelled at €299,993 from 6 comparable sales in the area. Asking €338,000 sits €38,007 (12.7%) above — overpriced versus fair value.
Asking €338,000 versus the Ericeira, Mafra, Lisbon area baseline of €338,397 (€7,356/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 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 €338,397, adjusted for condition and micro-location, gives a modelled fair value of €299,993 (€6,522/m²), a €38,007 (12.7%) gap versus the €338,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ericeira · 831460 | Subject | €338,000 | €7,348 | — | 70 | 53 |
| rua Frei Fernão Rodrigues Monteiro, 29 | Active | €400,000 | €6,667 | 9.3% | 68 | 58 |
| rua Mira Parque, 2 | Active | €360,000 | €6,429 | 12.5% | 70 | 56 |
| Ericeira · 225b83 | Active | €635,000 | €6,615 | 10.0% | — | 60 |
| Ericeira · 388ad0 | Active | €595,000 | €3,563 | 51.5% | 73 | 60 |
| Median comp | €497,500 | €6,522 | 11.2% | 70 | 59 |
Long-term rental Given the current valuation of €338,000, the property is overpriced, presenting a gap of 12.7% from its fair value of €299,993. With a gross yield of only 3.4% and limited local employment opportunities, the investment may struggle to attract reliable long-term tenants. Family rental This 1-bed apartment in Ericeira, listed at €338,000, is overpriced compared to the fair value of €299,993, creating a potential barrier for family renters looking for affordability. The neighbourhood's score of 53/100 indicates less desirable conditions for family living, further diminishing its attractiveness for this strategy.
Economic Vulnerability The low economic stability score of 45 indicates a significant risk of local economic downturns affecting rental income and property value.
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