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.
2-bedroom, 1-bathroom apartment of 245 m², built in 2010, energy rating C. Located on travessa da Mandinga, 4, Milharado parish, Mafra municipality, Lisbon district. The apartment's sizable private terrace includes a built-in barbecue, providing an ideal space for outdoor dining and relaxation, making it perfect for entertaining guests.
The valuation. The asking price of €360,000 sits significantly below the fair value estimate of €578,528, representing a potential savings of €218,528 or 37.8%. This positions the property as a well-priced investment opportunity.
Fair value modelled at €578,528 from 6 comparable sales in the area. Asking €360,000 sits €218,528 (37.8%) below — the upside to fair value.
Asking €360,000 versus the travessa da Mandinga, 4 area baseline of €472,432 (€1,928/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €472,432, adjusted for condition and micro-location, gives a modelled fair value of €578,528 (€2,361/m²), a €218,528 (37.8%) gap versus the €360,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa da Mandinga, 4 | Subject | €360,000 | €1,469 | — | 70 | 70 |
| rua das Quintas | Active | €338,500 | €2,052 | 39.6% | 72 | 70 |
| travessa do Ninho, 2 | Active | €330,000 | €2,324 | 58.2% | 78 | 64 |
| Venda do Pinheiro e Santo Estêvão das Galés · f5ea6a | Active | €379,000 | €2,399 | 63.2% | 85 | 62 |
| rua Várzea da Lapa S / N | Active | €480,000 | €1,579 | 7.5% | 73 | 73 |
| Median comp | €358,750 | €2,188 | 48.9% | 76 | 67 |
Long-term rental The 2-bed apartment in Milharado offers a significant gap versus fair value at 37.8%, indicating an attractive opportunity for long-term rental investors. With the suburban location and access to Lisbon, this property is likely to attract stable, long-term tenants despite offering a gross yield of 0%. Family rental Given the size of 245m² and the suburban context, this property is well-suited for family rentals, as it provides ample space and is strategically located near urban amenities. The strong fundamentals reflected in the fair value position the apartment as a desirable option for families seeking a long-term rental home. Buy-and-hold With a fair value significantly higher than the listing price, this property represents a compelling buy-and-hold investment strategy, anticipating appreciation over time. The neighborhood's rating of 70/100 supports the potential for long-term value growth, making it an ideal addition to a real estate portfolio focused on capital appreciation.
Moderate economic reliance With an economic stability score of 75/100 and a tenant stability score of 70/100, there is a risk that fluctuations in the local economy could adversely affect tenant retention and rental income.
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