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 90 m² on the 2nd floor, built in 2000, energy rating C. Located on rua Major João Gomes, Mafra parish, Mafra municipality, Lisbon district. Noteworthy Feature: The apartment boasts three balconies offering scenic views of the National Palace of Mafra, enhancing outdoor living and access to fresh air within a historic backdrop.
The valuation. The asking price of €350,000 is significantly above the fair value of €298,016, representing an excess of €51,984 (17.4%). This property is therefore considered overpriced.
Fair value modelled at €298,016 from 6 comparable sales in the area. Asking €350,000 sits €51,984 (17.4%) above — overpriced versus fair value.
Asking €350,000 versus the rua Major João Gomes area baseline of €321,855 (€3,576/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 €321,855, adjusted for condition and micro-location, gives a modelled fair value of €298,016 (€3,311/m²), a €51,984 (17.4%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Major João Gomes | Subject | €350,000 | €3,889 | — | 70 | 62 |
| Mafra · efdd53 | Active | €330,000 | €3,548 | 8.8% | 70 | 65 |
| rua Miguel Esteves Medeiros S / N | Active | €360,000 | €3,130 | 19.5% | 68 | 62 |
| Mafra · 16240e | Active | €380,000 | €3,393 | 12.8% | 75 | 57 |
| Malveira e São Miguel de Alcainça · 6c777f | Active | €450,000 | €2,647 | 31.9% | 70 | 63 |
| Median comp | €370,000 | €3,262 | 16.1% | 70 | 63 |
Long-term rental The property’s gross yield of 3.6% is below the expected return for long-term investments, indicating that it may not meet income generation goals. Moreover, with a fair value significantly lower at €298,016, the current price reflects a 17.4% markup, which affects its competitiveness in the long-term rental market. Family rental This apartment's condition rating of 68/100 and the neighborhood score of 62/100 suggest that while it could be suitable for families, the asking price of €350,000 is excessive compared to the fair valuation of €298,016. Families seeking quality living may opt for better value in the area, limiting demand for this overpriced offering. Buy-and-hold As a buy-and-hold investment, the property's high purchase price relative to its fair value creates a less favorable entry point for long-term capital appreciation. Investors may find that the anticipated return does not justify the 17.4% gap compared to its fair value, resulting in lower potential yields over time.
Economic Vulnerability The property faces a risk due to an economic stability score of 65/100, indicating potential fluctuations in local economic conditions that could affect rental income. Tenant Retention Risk With a tenant stability score of 60/100, there is a heightened risk of tenant turnover that may lead to increased vacancy rates and associated costs.
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