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.
4-bedroom, 1-bathroom house of 226 m², built in 1950. Located Igreja Nova e Cheleiros parish, Mafra municipality, Lisbon district. NOTABLE FEATURES: The property includes an independent structure ideal for ancillary uses, enhancing its potential for a comprehensive redevelopment project. The rustic village setting offers unique charm and value for revitalization.
The valuation. The asking price of €166,500 is significantly lower than the fair value of €617,764, presenting an opportunity with a difference of €451,264 (73.0%). Verdict: underpriced. Buy-to-flip angle. The property's condition scores 22/100, indicating substantial room for renovation. A strategic buy-to-flip approach could capitalize on value-added improvements before resale. Buy-to-let angle. The estimated rental income is €1,679 per month, yielding a gross yield of 12.1%. This property is well-positioned for long-term family rentals and buy-and-hold strategies given its proximity to Lisbon.
Fair value modelled at €617,764 from 6 comparable sales in the area. Asking €166,500 sits €451,264 (73.0%) below — the upside to fair value.
Asking €166,500 versus the Igreja Nova e Cheleiros, Mafra, Lisbon area baseline of €911,903 (€4,035/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 22/100 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 €911,903, adjusted for condition and micro-location, gives a modelled fair value of €617,764 (€2,733/m²), a €451,264 (73.0%) gap versus the €166,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Igreja Nova e Cheleiros · a80c2a | Subject | €166,500 | €737 | — | 18 | 68 |
| Malveira e São Miguel de Alcainça · 8ee333 | Active | €300,000 | €1,429 | 93.9% | 60 | 70 |
| Almargem do Bispo, Pero Pinheiro e Montelavar · f5ebfb | Active | €240,000 | €2,927 | 297.3% | 55 | 75 |
| Venda do Pinheiro e Santo Estêvão das Galés · de0b24 | Active | €590,000 | €3,105 | 321.5% | — | 68 |
| Venda do Pinheiro e Santo Estêvão das Galés · 874fb1 | Active | €560,000 | €2,947 | 300.1% | 70 | 69 |
| Median comp | €430,000 | €2,937 | 298.7% | 60 | 70 |
Long-term rental This property offers an attractive gross yield of 12.1%, making it a strong candidate for long-term rental investments. Its significant fair value of €617,764 compared to the listing price of €166,500 indicates a 73% gap, suggesting solid potential for steady income generation. Family rental The home’s size of 226m² and four bedrooms make it ideal for families seeking spacious living in a desirable suburban area. The neighborhood's safety and school quality further enhance its appeal for long-term family rentals, backed by an impressive yield of 12.1%. Buy-and-hold Given the substantial gap between the listing price and the fair value, this property represents an excellent buy-and-hold opportunity in a promising location near Lisbon. Investors can expect long-term appreciation in value as the neighborhood continues to develop, supported by its strong yield of 12.1%. Not ideal for Short-term vacation rental, Luxury market, Student housing The property is not well-suited for short-term vacation rentals or the luxury market, given its low condition score of 22/100. Additionally, the family-oriented features are not conducive to student housing dynamics, limiting its versatility in those sectors.
Potential Tenant Turnover Risk The tenant stability score of 65/100 indicates a potential risk of higher tenant turnover, which could affect cash flow stability.
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