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, 4-bathroom house of 258 m², built in 2011, energy rating B. Located on rua do Miradouro, 3, Igreja Nova e Cheleiros parish, Mafra municipality, Lisbon district. Noteworthy Features: This property includes a basement with potential for additional living space and a charming garden complete with fruit trees and a barbecue area, ideal for outdoor gatherings.
The valuation. The asking price of €595,000 is above the fair value of €523,346, representing an overpricing of €71,654 (13.7%). This makes the property less attractive for potential buyers looking for value.
Fair value modelled at €523,346 from 6 comparable sales in the area. Asking €595,000 sits €71,654 (13.7%) above — overpriced versus fair value.
Asking €595,000 versus the rua do Miradouro, 3 area baseline of €467,316 (€1,811/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €467,316, adjusted for condition and micro-location, gives a modelled fair value of €523,346 (€2,028/m²), a €71,654 (13.7%) gap versus the €595,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Miradouro, 3 | Subject | €595,000 | €2,306 | — | 75 | 68 |
| Igreja Nova e Cheleiros · 8ee309 | Active | €640,000 | €1,416 | 38.6% | 72 | 70 |
| praçeta Dom Manuel I, 6 | Active | €650,000 | €2,754 | 19.4% | 78 | 78 |
| Igreja Nova e Cheleiros · 89e655 | Active | €950,000 | €2,540 | 10.1% | 65 | 68 |
| Igreja Nova e Cheleiros · 89e5e8 | Active | €675,000 | €1,865 | 19.1% | — | 66 |
| Median comp | €662,500 | €2,203 | 4.5% | 72 | 69 |
Long-term rental The property in Igreja Nova e Cheleiros's current listing price of €595,000 is 13.7% above its fair value of €523,346, making it less advantageous for generating sustainable rental income given the gross yield of only 2.3%. With an average neighbourhood rating of 68/100, potential tenant demand may not justify the high price point. Family rental At €595,000, this property is overpriced compared to its fair value, limiting its appeal in the family rental market where affordability is a key driver for prospective renters. The average condition score of 78/100 indicates that while the house is in decent shape, the pricing may deter family-oriented tenants looking for value. Buy-and-hold Investing in this property for the long term could prove challenging due to its 13.7% price gap from fair value, suggesting a weak appreciation potential. Furthermore, with a gross yield of just 2.3%, the return on investment may not be sufficient to justify holding such an overpriced asset in an average neighbourhood setting.
Economic Vulnerability The property faces potential financial instability due to an economic stability score of 65/100, indicating a moderate risk of economic downturns affecting rental income.
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