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, built in 1999, energy rating E. Located Ericeira parish, Mafra municipality, Lisbon district. This apartment features a balcony that provides excellent east sun exposure, perfect for enjoying morning breakfasts while being just a few minutes' walk from the beach.
The valuation. The asking price of €338,000 sits €33,137 (10.9%) above the fair value of €304,863, indicating the property is overpriced. This discrepancy calls for caution for potential investors seeking value.
Fair value modelled at €304,863 from 3 comparable sales in the area. Asking €338,000 sits €33,137 (10.9%) above — overpriced versus fair value.
Asking €338,000 versus the Ericeira, Mafra, Lisbon area baseline of €330,989 (€7,195/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 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 €330,989, adjusted for condition and micro-location, gives a modelled fair value of €304,863 (€6,627/m²), a €33,137 (10.9%) gap versus the €338,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ericeira · 2fcc83 | Subject | €338,000 | €7,348 | — | 72 | 48 |
| Ericeira · 8314ec | Active | €338,000 | €6,627 | 9.8% | 70 | 50 |
| Ericeira · a802df | Active | €338,000 | €6,627 | 9.8% | 70 | 46 |
| largo Santa Marta | Active | €595,000 | €6,263 | 14.8% | 70 | 59 |
| Median comp | €338,000 | €6,627 | 9.8% | 70 | 50 |
Long-term rental The 1-bed apartment in Ericeira offers a gross yield of only 3.6%, which is below standard rates for similar properties in the area. Given the fair value is significantly lower than the listing price, this investment may not attract the quality tenants needed for long-term rental profits. Value-add renovation While the apartment is in mediocre condition (70/100) and has a neighbourhood rating of 48/100, any renovations would need to considerably enhance its appeal to justify the current pricing. Due to the property being overpriced at €338,000 compared to the fair value of €304,863, the feasibility of achieving a profitable value-add strategy is questionable.
Low Economic Stability Risk – With an economic stability score of 40/100, there is a significant risk of declining property values due to economic downturns. Tenant Instability Risk – Given the tenant stability score of 55/100, there may be frequent tenant turnover, impacting rental income reliability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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