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 81 m², energy rating B. Located Ericeira parish, Mafra municipality, Lisbon district. Noteworthy Features: The apartment is ideally situated within walking distance of Ericeira’s vibrant village center, enhancing the appeal for those seeking a community-oriented lifestyle. Additional Detail: The presence of a garage provides rare urban convenience in this coastal area.
The valuation. The asking price of €597,000 is significantly above the fair value of €343,830, resulting in a €253,170 (73.6%) premium. This property is assessed as overpriced. Buy-to-flip angle. Given the substantial premium, flipping this apartment for immediate resale would require exceptional market conditions to achieve a profit. Buy-to-let angle. With a gross yield of 2% based on €995 estimated monthly rent, long-term rental income is limited due to the mixed neighborhood and proximity to Lisbon's employment opportunities.
Fair value modelled at €343,830 from 6 comparable sales in the area. Asking €597,000 sits €253,170 (73.6%) above — overpriced versus fair value.
Asking €597,000 versus the Ericeira, Mafra, Lisbon area baseline of €358,624 (€4,427/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €358,624, adjusted for condition and micro-location, gives a modelled fair value of €343,830 (€4,245/m²), a €253,170 (73.6%) gap versus the €597,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ericeira · 8315c2 | Subject | €597,000 | €7,370 | — | 80 | 48 |
| Ericeira · a79e4a | Active | €435,000 | €4,350 | 41.0% | 85 | 51 |
| rua do Mercado S / N | Active | €597,000 | €6,219 | 15.6% | 76 | 54 |
| largo da Bola | Active | €375,000 | €8,152 | 10.6% | 80 | 53 |
| rua do Alto da Forca, 20 | Active | €490,000 | €4,083 | 44.6% | 76 | 54 |
| Median comp | €462,500 | €5,285 | 28.3% | 78 | 54 |
Long-term rental While the 2% gross yield suggests limited cash flow potential, the significant gap of 73.6% between the listed price of €597,000 and the fair value of €343,830 indicates that the property is overpriced. Additionally, the neighbourhood's low quality rating of 48/100 raises concerns about tenant demand and rental stability. Buy-and-hold The property’s 73.6% disparity from fair value highlights its overpricing, making it a less attractive buy-and-hold investment for long-term capital appreciation. Furthermore, the rural location and limited local employment opportunities suggest potential challenges in maintaining property value in the future.
Economic Dependence Risk The economic stability score of 55/100 indicates a moderately unstable economic environment, while the tenant stability score of 40/100 suggests high tenant turnover, which could jeopardize consistent 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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