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, 2-bathroom apartment of 161 m² on the 1st floor, built in 2008, energy rating B. Located Ericeira parish, Mafra municipality, Lisbon district. Noteworthy Features: This apartment offers a serene sea view from the living room balcony and includes a private terrace complete with a barbecue area for outdoor entertaining.
The valuation. The asking price of €540,000 is slightly above fair value at €520,901, indicating a difference of €19,099 (3.7%). This positions the property fairly in the current market context. Buy-to-flip angle. A resale strategy could target cash buyers seeking modern features and space, allowing for potential profit from a renovation or minor upgrades. Buy-to-let angle. With an estimated gross yield of 3.4% (~€1,530/month), this property offers steady rental income for long-term tenants, ideal for families in a rural setting.
Fair value modelled at €520,901 from 6 comparable sales in the area. Asking €540,000 sits €19,099 (3.7%) above — overpriced versus fair value.
Asking €540,000 versus the Ericeira, Mafra, Lisbon area baseline of €585,532 (€3,637/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €585,532, adjusted for condition and micro-location, gives a modelled fair value of €520,901 (€3,235/m²), a €19,099 (3.7%) gap versus the €540,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ericeira · e55303 | Subject | €540,000 | €3,354 | — | 72 | 53 |
| rua Frei Fernão Rodrigues Monteiro | Active | €600,000 | €3,158 | 5.8% | 74 | 61 |
| parque Intermodal | Active | €460,000 | €3,067 | 8.6% | 85 | 58 |
| travessa Cabo. | Active | €487,000 | €3,313 | 1.2% | 73 | 54 |
| Ericeira · 86cbf5 | Active | €625,000 | €3,571 | 6.5% | 78 | 56 |
| Median comp | €543,500 | €3,236 | 3.5% | 76 | 57 |
Long-term rental The property's gross yield of 3.4% suggests that it may be sufficient for an extended investment horizon, although it is on the lower end of acceptable returns. Given the limited amenities and employment opportunities in the area, attracting and retaining long-term tenants could prove challenging despite the fair valuation. Family rental While the apartment's size and layout may appeal to families, the low neighborhood rating of 53/100 raises concerns about the overall living experience. The fair valuation indicates there is minimal room for negotiation, and potential family tenants may prioritize better-resourced areas. Buy-and-hold The fair value of €540,000 positions this property as a less-than-ideal buy-and-hold investment, particularly with a yield of just 3.4%. Coupled with a rural location that relies on nearby towns for employment, the long-term appreciation prospects may not be compelling enough for this strategy.
Low Economic Resilience The economic stability score of 45/100 indicates a potential vulnerability to economic downturns, which could adversely affect the property's long-term value and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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