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 136 m². Located Ericeira parish, Mafra municipality, Lisbon district. Noteworthy Features: This apartment boasts a cozy fireplace in the living room and a sea-view balcony, enhancing its charm and appeal in a coastal location. Additional Amenities: The indoor parking space adds an extra layer of convenience for residents.
The valuation. The asking price of €485,000 is slightly above the fair value of €468,973, representing a difference of €16,027 (3.4%). This positioning indicates the property is priced fairly, allowing for potential investor interest.
Fair value modelled at €468,973 from 6 comparable sales in the area. Asking €485,000 sits €16,027 (3.4%) above — overpriced versus fair value.
Asking €485,000 versus the Ericeira, Mafra, Lisbon area baseline of €558,445 (€4,106/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 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 €558,445, adjusted for condition and micro-location, gives a modelled fair value of €468,973 (€3,448/m²), a €16,027 (3.4%) gap versus the €485,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ericeira · 8316b3 | Subject | €485,000 | €3,566 | — | 70 | 58 |
| Ericeira · 3a73b2 | Active | €620,000 | €3,605 | 1.1% | 79 | 62 |
| rua dos Três Moinhos | Active | €499,000 | €3,780 | 6.0% | 72 | 65 |
| rua Ferreira de Castro, 25 | Active | €445,000 | €2,602 | 27.0% | 75 | 54 |
| rua Mar À Vista, 6 | Active | €435,000 | €3,480 | 2.4% | — | 56 |
| Median comp | €472,000 | €3,543 | 0.7% | 75 | 59 |
Long-term rental Investment in this property serves as a stable long-term rental opportunity, with a gross yield of 3.9% indicating reasonable income potential. However, the fair valuation at €468,973 suggests that the property is appropriately priced, neither presenting a discount nor steep premium in the current market conditions. Value-add renovation With a property condition score of 74/100, there exists potential for value-add renovations to enhance appeal and potentially increase rental income. Nonetheless, given the fair valuation at €485,000, any renovations would need to be carefully considered against future expected returns. Family rental The apartment’s size and layout make it conducive for family living, appealing to those seeking longer-term tenancy in a semi-rural area with low crime levels. The fair valuation reflects reasonable pricing for families, although the neighbourhood’s rating of 58/100 may limit rental competition in the broader market.
Economic-Tenant Instability Risk The combined economic stability score of 60/100 and tenant stability score of 60/100 indicates a potential vulnerability to market fluctuations, suggesting that the property may experience difficulty in retaining tenants or achieving consistent rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
