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, 3-bathroom house of 127 m², built in 2023, energy rating D. Located Ericeira parish, Mafra municipality, Lisbon district. Noteworthy Features: The property includes a private exterior patio, providing an ideal space for outdoor dining and relaxation, a rare find in the historic center of Ericeira. Investment Potential: Its complete renovation and prime location ensure strong appeal for both primary residence and rental opportunities.
The valuation. The asking price of €649,000 is significantly above fair value, which is assessed at €353,280. This results in a discrepancy of €295,720, meaning the property is overpriced by 83.7%.
Fair value modelled at €353,280 from 6 comparable sales in the area. Asking €649,000 sits €295,720 (83.7%) above — overpriced versus fair value.
Asking €649,000 versus the Ericeira, Mafra, Lisbon area baseline of €376,346 (€2,963/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 is above the parish average, lifting 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 €376,346, adjusted for condition and micro-location, gives a modelled fair value of €353,280 (€2,782/m²), a €295,720 (83.7%) gap versus the €649,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ericeira · 53cb0a | Subject | €649,000 | €5,110 | — | 78 | 59 |
| avenida S / N | Active | €355,000 | €2,536 | 50.4% | 80 | 58 |
| rua do Vale Caeiro, 3 | Active | €560,000 | €2,569 | 49.7% | 85 | 53 |
| Ericeira · 0dcd6d | Active | €560,000 | €2,995 | 41.4% | 80 | 59 |
| Ericeira · a79df2 | Active | €560,000 | €4,956 | 3.0% | 74 | 58 |
| Median comp | €560,000 | €2,782 | 45.6% | 80 | 58 |
Family rental This property in Ericeira, while offering decent space and condition, is not a sound investment due to its significant price premium, being 83.7% over its fair value. The gross yield of 2.5% reflects a lack of financial viability for long-term family rental purposes in a neighborhood that scores only 59/100. Buy-and-hold Investing in this 2-bed house as a buy-and-hold strategy is compromised by the substantial pricing overreach and the lackluster yield of 2.5%. Given the fair value of €353,280, the current listing price of €649,000 presents a considerable risk with little potential for appreciation in this suburban market context.
Economic vulnerability With an economic stability score of 50/100, there is a heightened risk of fluctuations in the local market that could impact property values and tenant demand over time.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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