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, 1-bathroom apartment of 46 m², energy rating E. Located Ericeira parish, Mafra municipality, Lisbon district. Noteworthy Features: The apartment features a balcony with eastern exposure, allowing for abundant morning sunlight, perfect for enjoying breakfast while taking in the fresh coastal air.
The valuation. The asking price of €338,000 is significantly above the fair value of €299,993, representing an overvaluation of €38,007 (12.7%). This places the property in a challenging position for potential buyers.
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 €342,441 (€7,444/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 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 €342,441, 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 · 831877 | Subject | €338,000 | €7,348 | — | 70 | 58 |
| rua Frei Fernão Rodrigues Monteiro, 29 | Active | €400,000 | €6,667 | 9.3% | 68 | 58 |
| Ericeira · 225b83 | Active | €635,000 | €6,615 | 10.0% | — | 60 |
| rua Mira Parque, 2 | Active | €360,000 | €6,429 | 12.5% | 70 | 56 |
| Ericeira · 6a9240 | Active | €390,000 | €7,500 | 2.1% | — | 53 |
| Median comp | €395,000 | €6,641 | 9.6% | 69 | 57 |
Long-term rental The 1-bed apartment in Ericeira is currently overpriced at €338,000, exceeding the fair value by 12.7%, which raises concerns about its rental financial viability. With a gross yield of 3.9%, the potential return may not justify the investment in a suburban area that offers limited amenities and opportunities for tenant quality. Family rental As a family rental option, this apartment is overpriced, making it hard to attract families who seek value for their housing choices in suburban locations. The combination of a lower neighborhood rating (58/100) and high listing price could deter potential tenants looking for suitable family accommodations. Buy-and-hold This property does not present an attractive buy-and-hold investment, as its price of €338,000 is significantly above the fair value, creating an investment risk. Investors should be cautious, given the 3.9% yield and overall neighborhood conditions that may hinder long-term appreciation potential.
Economic Vulnerability The economic stability score of 60/100 indicates a moderate risk of economic downturns affecting rental income and property value. Tenant Durability The tenant stability score of 65/100 suggests a potential fluctuation in tenant occupancy, which could impact cash flow for the property.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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