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 148 m² on the 8th floor, built in 2020, energy rating A. Located Ericeira parish, Mafra municipality, Lisbon district. Highlight: This contemporary apartment features premium marble-effect tiles in the kitchen and bathrooms and offers direct access to a pristine swimming pool within a tranquil and well-maintained private condominium.
The valuation. The asking price of €649,000 is above the fair value of €591,747 by €57,253 (9.7%). This indicates that the property is priced at a fair level. Buy-to-flip angle. The buy-and-flip strategy can capitalize on potential renovations given the apartment's condition score of 80/100. Any improvements could increase resale value significantly in the suburban market. Buy-to-let angle. With an estimated monthly rental income of €1,677, the property offers a gross yield of 3.1%. The long-term rental strategy is well-suited to the family rental market in the mixed-economy neighborhood.
Fair value modelled at €591,747 from 6 comparable sales in the area. Asking €649,000 sits €57,253 (9.7%) above — overpriced versus fair value.
Asking €649,000 versus the Ericeira, Mafra, Lisbon area baseline of €600,580 (€4,058/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 €600,580, adjusted for condition and micro-location, gives a modelled fair value of €591,747 (€3,998/m²), a €57,253 (9.7%) gap versus the €649,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ericeira · e3aaa7 | Subject | €649,000 | €4,385 | — | 85 | 57 |
| Ericeira · 23f296 | Active | €480,000 | €3,117 | 28.9% | 84 | 60 |
| Ericeira · 032489 | Active | €795,000 | €2,565 | 41.5% | 84 | 58 |
| Ericeira · f14cf9 | Active | €640,000 | €5,378 | 22.6% | 80 | 58 |
| Ericeira · d749c0 | Active | €649,000 | €4,880 | 11.3% | 85 | 61 |
| Median comp | €644,500 | €3,999 | 8.8% | 84 | 59 |
Long-term rental The 2-bed apartment in Ericeira offers a gross rental yield of 3.1%, aligning reasonably within the market context. With a fair value at €591,747, the listing price indicates that the investment can return a stable income, even as the neighborhood shows some mixed economic characteristics. Buy-and-hold Given the fair valuation of the property at €591,747 compared to the listing price, this investment can provide moderate long-term appreciation potential. However, the 3.1% yield suggests that while returns may not peak, they can contribute positively over time with careful property management plans. Family rental The property is well-positioned for family rental purposes, attracting stable tenants within the suburban environment near Greater Lisbon. With a neighborhood rating of 57/100, it offers adequate amenities and economic conditions suitable for family living, despite the overall condition rating of 80/100 indicating a need for minor improvements.
Economic Downturn Risk With an economic stability score of 45/100, the property is at risk of economic downturns that could negatively impact rental income.
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