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.
3-bedroom, 2-bathroom apartment of 155 m² on the 2nd floor, built in 2007, energy rating B. Located Ericeira parish, Mafra municipality, Lisbon district. This apartment offers a practical pantry in the kitchen and benefits from one apartment per floor, enhancing privacy in a tranquil gated community.
The valuation. The asking price of €535,000 sits €16,391 (3.2%) above the fair value of €518,609. This property is considered to be priced fairly based on current market assessments.
Fair value modelled at €518,609 from 6 comparable sales in the area. Asking €535,000 sits €16,391 (3.2%) above — overpriced versus fair value.
Asking €535,000 versus the Ericeira, Mafra, Lisbon area baseline of €555,621 (€3,585/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €555,621, adjusted for condition and micro-location, gives a modelled fair value of €518,609 (€3,346/m²), a €16,391 (3.2%) gap versus the €535,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ericeira · e552d0 | Subject | €535,000 | €3,452 | — | 75 | 56 |
| Ericeira · 86cbf5 | Active | €625,000 | €3,571 | 3.5% | 78 | 56 |
| Ericeira · d749c0 | Active | €649,000 | €4,880 | 41.4% | 85 | 61 |
| rua Frei Fernão Rodrigues Monteiro | Active | €600,000 | €3,158 | 8.5% | 74 | 61 |
| rua Frei Fernão Rodrigues Monteiro, 7 | Active | €940,000 | €3,534 | 2.4% | 90 | 54 |
| Median comp | €637,000 | €3,553 | 2.9% | 82 | 59 |
Long-term rental Given the apartment's location in Ericeira, the mix of housing demand provides a stable opportunity for long-term rentals, appealing to both families and professionals commuting to Lisbon. With a gross yield of 3.8%, this investment is positioned for consistent income, reflecting the fair value assessment. Buy-and-hold The current listing price of €535,000 corresponds closely to the fair value of €518,609, indicating that while there is a modest appreciation potential, it may not yield exceptional returns over time. The combination of a reasonable condition score of 79/100 and a fair neighborhood rating suggests that the property will maintain its value, though major capital growth may be limited. Family rental This property can cater to families looking for spacious living with a good balance of amenities and access to Lisbon, though the neighborhood score of 56/100 indicates room for improvement. The apartment's fair valuation reinforces that it is a reasonable choice for families seeking stability, yet not positioned as a top-tier investment in the competitive rental market. Not ideal for luxury market The property, while spacious, does not align with the expectations of the luxury market, given the neighborhood score and fair value assessment. Thus, potential buyers should consider this segment overly competitive for an apartment priced at €535,000. Not ideal for student housing Despite reasonable access to educational institutions, the mixed housing demand and neighborhood quality indicate that this property may not attract the steady influx of students marking it less suitable for a student housing strategy. Therefore, the expected yield and demographic appeal do not favor this investment avenue.
Economic and Tenant Instability With both the economic stability and tenant stability scores at 55/100, there is a heightened risk of fluctuating rental income and potential vacancy, which could significantly impact cash flow.
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