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 51 m², built in 1999, energy rating E. Located Ericeira parish, Mafra municipality, Lisbon district. This apartment features a balcony with eastern exposure, perfect for enjoying morning sunlight, and is just a few minutes' walk from the beach.
The valuation. The asking price of €338,000 sits slightly below the fair value of €340,000, indicating that the property is fairly priced at just €2,000 under the fair valuation, or 0.6%. Buy-to-flip angle. The resale strategy focuses on enhancing the apartment's appeal through minor renovations and updates, targeting a quick turnaround in an area with growing demand. Buy-to-let angle. The rental income strategy estimates a gross yield of 3.7%, with potential monthly income around €1,042, making it a viable option for long-term investment in a suburban setting.
Fair value modelled at €340,000 from 5 comparable sales in the area. Asking €338,000 sits €2,000 (0.6%) below — the upside to fair value.
Asking €338,000 versus the Ericeira, Mafra, Lisbon area baseline of €376,391 (€7,380/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 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 €376,391, adjusted for condition and micro-location, gives a modelled fair value of €340,000 (€6,667/m²), a €2,000 (0.6%) gap versus the €338,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ericeira · a802df | Subject | €338,000 | €6,627 | — | 70 | 46 |
| Ericeira · 831877 | Active | €338,000 | €7,348 | 10.9% | 70 | 58 |
| Ericeira · 831460 | Active | €338,000 | €7,348 | 10.9% | 70 | 53 |
| rua Frei Fernão Rodrigues Monteiro, 29 | Active | €400,000 | €6,667 | 0.6% | 68 | 58 |
| rua Mira Parque, 2 | Active | €360,000 | €6,429 | 3.0% | 70 | 56 |
| Median comp | €349,000 | €7,008 | 5.7% | 70 | 57 |
Long-term rental The 1-bed apartment in Ericeira offers a fair value reflection with a 3.7% gross yield, suggesting consistent rental income potential. However, the suburban nature and limited amenities may appeal primarily to a stable tenant demographic, rather than attracting more transient rental markets. Family rental While suitable for long-term family rentals, the apartment's condition score of 68/100 combined with a neighborhood rating of 46/100 indicates potential challenges in attraction to families seeking quality living environments. This market might be more resilient, allowing for a steady cash flow despite the overall property being priced closely to its fair value. Buy-and-hold In a buy-and-hold strategy, this property’s fair market valuation paired with a 3.7% yield makes it a stable investment in a niche suburban environment. Over time, potential appreciation will be limited due to the neighborhood's characteristics, but it can still serve as a reliable long-term asset in the region.
Economic Dependence Risk The property's economic stability score of 45/100 indicates a significant reliance on potentially unstable economic conditions, increasing the risk of insufficient rental income. Tenant Stability Risk With a tenant stability score of 50/100, there's a moderate risk concerning tenant retention and consistent cash flow due to possible turnover challenges.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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